Ouster (OUST) Expected to Announce Earnings on Thursday

Ouster (NYSE:OUST) will likely be issuing its quarterly earnings data after the market closes on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.57) per share and revenue of $30.00 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Ouster Stock Performance

OUST opened at $7.48 on Thursday. Ouster has a one year low of $4.65 and a one year high of $16.88. The stock has a market capitalization of $372.29 million, a P/E ratio of -2.91 and a beta of 2.38. The business’s 50-day simple moving average is $10.07 and its 200-day simple moving average is $8.87.

Analysts Set New Price Targets

OUST has been the topic of several research analyst reports. Northland Capmk raised Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. Northland Securities initiated coverage on shares of Ouster in a research report on Thursday, December 12th. They set an “outperform” rating and a $14.00 target price on the stock. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Ouster presently has an average rating of “Buy” and an average target price of $13.17.

Ouster Company Profile

Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.