StockNews.com Downgrades OUTFRONT Media (NYSE:OUT) to Sell

OUTFRONT Media (NYSE:OUT - Get Free Report) was downgraded by investment analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Monday.

Other equities analysts have also issued reports about the company. Morgan Stanley decreased their price objective on OUTFRONT Media from $18.00 to $17.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. Wells Fargo & Company decreased their price target on OUTFRONT Media from $22.00 to $17.00 and set an "overweight" rating for the company in a research note on Friday, May 9th. Finally, Barrington Research restated an "outperform" rating and set a $21.00 price objective on shares of OUTFRONT Media in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $17.97.

OUTFRONT Media Stock Performance

Shares of OUTFRONT Media stock traded up $0.15 during trading on Monday, hitting $16.52. 1,048,082 shares of the stock were exchanged, compared to its average volume of 1,682,711. The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.65 and a current ratio of 0.65. OUTFRONT Media has a 12 month low of $12.95 and a 12 month high of $19.98. The stock's fifty day moving average is $15.41 and its 200 day moving average is $17.53. The stock has a market cap of $2.76 billion, a PE ratio of 11.77, a P/E/G ratio of 1.06 and a beta of 1.84.

OUTFRONT Media (NYSE:OUT - Get Free Report) last posted its earnings results on Thursday, May 8th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). OUTFRONT Media had a net margin of 13.30% and a return on equity of 40.33%. The firm had revenue of $390.70 million for the quarter, compared to analyst estimates of $396.17 million. As a group, sell-side analysts anticipate that OUTFRONT Media will post 1.59 EPS for the current year.

Hedge Funds Weigh In On OUTFRONT Media

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of OUTFRONT Media by 1.9% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,005 shares of the financial services provider's stock valued at $532,000 after buying an additional 558 shares during the period. Nissay Asset Management Corp Japan ADV raised its position in OUTFRONT Media by 5.6% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 11,237 shares of the financial services provider's stock worth $199,000 after acquiring an additional 596 shares in the last quarter. GAMMA Investing LLC raised its position in OUTFRONT Media by 19.3% in the fourth quarter. GAMMA Investing LLC now owns 3,796 shares of the financial services provider's stock worth $67,000 after acquiring an additional 613 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in OUTFRONT Media by 4.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 15,993 shares of the financial services provider's stock valued at $284,000 after acquiring an additional 629 shares during the last quarter. Finally, Moody National Bank Trust Division boosted its position in shares of OUTFRONT Media by 4.0% during the 4th quarter. Moody National Bank Trust Division now owns 18,028 shares of the financial services provider's stock valued at $320,000 after purchasing an additional 698 shares in the last quarter.

OUTFRONT Media Company Profile

OUTFRONT Media, Inc leases advertising space on out-of-home advertising structures and sites. Its inventory consists of billboard displays, which are primarily located on the most heavily traveled highways & roadways, and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the U.S.