OUT

Outfront Media Inc

TMT


Presented:04/01/2021
Price:$22.06
Cap:$3.20B
Current Price:$19.05
Cap:$3.16B

Presented

Date04/01/2021
Price$22.06
Market Cap$3.20B
Ent Value$6.65B
P/E RatioN/A
Book Value$6.74
Div Yield0%
Shares O/S145.07M
Ave Daily Vol1,842,748
Short Int3.27%

Current

Price$19.05
Market Cap$3.16B
OUTFRONT Media, Inc. engages in the provision of leasing services of 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 and roadways; and transit advertising displays operated under exclusive multi-year contracts with municipalities in large cities across the U.S. and Canada. It operates through the U.S. Media and Other segments. The company was founded in 1938 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Netflix Inc (NFLX), Outfront Media Inc (OUT) 

Highlights

The presenter owns shares of Outfront Media Inc (OUT) to express his view that the outdoor ad market is a winning industry in the long term. He sees the outdoor ad market benefiting from the continuation of initiatives like expanded outdoor restaurant seating and the change that NFLX has wrought on the American consumer’s appetite for linear TV advertising, which means there will permanently be less inventory within the vertical. With respect to digital, the ability to target effectively is being eroded by efforts like IDFA which makes digital ads on outdoor mediums more valuable.

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Idea Discussion

Commentor 1 - 2 weeks ago

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