Ouster (OUST) Projected to Post Quarterly Earnings on Thursday

Ouster (NYSE:OUST) is projected to release its earnings data 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

Ouster Trading Up 6.8 %

Shares of OUST opened at $8.51 on Tuesday. The stock has a market cap of $423.55 million, a P/E ratio of -3.31 and a beta of 2.38. The company has a 50-day moving average of $9.71 and a two-hundred day moving average of $8.90. Ouster has a 12-month low of $4.68 and a 12-month high of $16.88.

Analysts Set New Price Targets

A number of brokerages have issued reports on OUST. Westpark Capital began coverage on shares of Ouster in a research report on Monday. They set a “hold” rating for the company. Northland Capmk upgraded shares of Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. Finally, Northland Securities assumed coverage on shares of Ouster in a research report on Thursday, December 12th. They issued an “outperform” rating and a $14.00 price objective for the company. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.