OUTFRONT Media Inc. stock performance trend indicates that the stock price has rallied 6.07% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 13.07% . Looking at the past 52 week period, the stock price is up at 28.62% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of OUTFRONT Media Inc. has a positive value of 26.46 compared to overall market.Outfront Media Inc. is having a Relative Strength Index of 55.21 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of OUTFRONT Media Inc. (NYSE:OUT) rallied by 3.56% during the past week but lost 1.11% on a 4-week basis. The company has outperformed the S&P 500 by 3.32% in the past week but underperformed the index by 2.24% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. OUTFRONT Media Inc. (NYSE:OUT) : On Friday heightened volatility was witnessed in OUTFRONT Media Inc. (NYSE:OUT) which led to swings in the share price. The stock opened for trading at $26.32 and hit $26.77 on the upside , eventually ending the session at $26.74, with a gain of 1.4% or 0.37 points. The heightened volatility saw the trading volume jump to 1,527,431 shares. The 52-week high of the share price is $27.89 and the company has a market cap of $3,703 million. The 52-week low of the share price is at $19.995 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by JP Morgan on Feb 23, 2017 to Neutral, Raises Price Target to $ 28 from a previous price target of $26 .Company shares were Reiterated by Wedbush on Feb 23, 2017 to Outperform, Raises Price Target to $ 42 from a previous price target of $36 .Outfront Media Inc was Downgraded by Goldman to Neutral on Jan 17, 2017.
Company has reported several Insider transactions to the SEC, on Sep 15, 2016, Andrew Sriubas (EVP,Strategic Planning & Dev.) purchased 6,000 shares at 20.88 per share price.On Sep 12, 2016, Jeremy J. Male (CEO) purchased 5,000 shares at 21.38 per share price.On Sep 6, 2016, Donald R Shassian (CFO) purchased 5,000 shares at 21.90 per share price.
Outfront Media Inc Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.51. The company had revenue of $397.40 million for the quarter, compared to analysts expectations of $392.59 million. The companys revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.55 EPS.
Outfront Media, Inc. is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Companys portfolio primarily consists of billboard displays. It provides other value-added services to its customers, such as pre-campaign category research, creative design support and post-campaign tracking and analytics. The Companys media products also include bulletins and wallscapes, spectaculars, digital billboards, buses and street furniture. It serves a range of customers that includes consumer-focused companies in the entertainment, retail, healthcare, telecom, restaurant, financial services, travel and leisure and automotive industries. Outfront Media Inc., formerly known as CBS Outdoor Americas Inc., is headquartered in New York.