Ouster (OUST) Expected to Announce Earnings on Thursday

Ouster (NYSE:OUST) is expected to be posting its quarterly earnings results after the market closes on Thursday, March 20th. Analysts expect Ouster to post earnings of ($0.57) per share and revenue of $30.00 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Ouster Stock Performance

Shares of NYSE:OUST opened at $8.16 on Wednesday. The company’s 50-day moving average is $9.58 and its 200 day moving average is $8.90. The company has a market capitalization of $406.13 million, a P/E ratio of -3.18 and a beta of 2.38. Ouster has a fifty-two week low of $4.75 and a fifty-two week high of $16.88.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Westpark Capital assumed coverage on shares of Ouster in a report on Monday. They issued a “hold” rating on the stock. Northland Capmk raised shares of Ouster to a “strong-buy” rating in a report on Thursday, December 12th. Finally, Northland Securities assumed coverage on shares of Ouster in a report on Thursday, December 12th. They issued an “outperform” rating and a $14.00 price target on the stock. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $13.17.

About Ouster

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.