Ouster, Inc. (OUST) Registers a Bigger Fall Than the Market: Important Facts to Note
From Nasdaq: 2024-06-21 18:15:22
Ouster, Inc. (OUST) closed at $10.20, down 0.2% from the previous trading day. The stock underperformed the S&P 500 but outperformed the Nasdaq. Over the past month, OUST shares have fallen by 9.24%, lagging behind the Computer and Technology sector.
Analysts are anticipating Ouster, Inc.’s financial report, expecting earnings of -$2.34 per share and revenue of $92.2 million. A Zacks Rank of #2 (Buy) indicates positive estimate revisions, which historically correlate with stock price performance.
The Electronics – Miscellaneous Components industry, where Ouster, Inc. belongs, has a Zacks Industry Rank of 174, placing it in the bottom 31% of industries. Tracking Zacks Rank changes and industry metrics is crucial for investors to stay informed.
Prepare for the upcoming election with Zacks’ FREE Special Report on profiting from the 2024 Presidential Election. This report shares 5 promising stocks, including medical, rental, energy, aerospace, and defense companies.
Download the Zacks report for 7 Best Stocks for the Next 30 Days. Stay updated on Ouster, Inc. (OUST) stock analysis and recommendations. Investing based on evolving estimates and industry ranks can lead to profitable outcomes.
Read more at Nasdaq: Ouster, Inc. (OUST) Registers a Bigger Fall Than the Market: Important Facts to Note