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Outfront Media (OUT) in Focus: Stock Moves 15.3% Higher


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Outfront Media Inc. OUT was a big mover last session, as the company saw its shares rise more than 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now up 8.7% in the past one-month time frame.

The upside was driven by the announcement of the company that it has been recommended to be awarded concessions for advertising on New York City's mass transit platforms.

The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

OUTFRONT Media Inc. Price

OUTFRONT Media Inc. Price | OUTFRONT Media Inc. Quote

Outfront Mediacurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Finance sector is Getty Realty Corp. GTY , which currently carries a Zacks Rank #1 (Strong Buy). You can see  the complete list of today's Zacks #1 Rank stocks here .

Is OUT going up? Or down? Predict to see what others think: Up or Down

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Getty Realty Corporation (GTY): Free Stock Analysis Report

OUTFRONT Media Inc. (OUT): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: GTY , OUT



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