How did overstock's (OSTK) Q1 earnings compare to analyst expectations?
Overstock.com, Inc. (NASDAQ:OSTK) released its quarterly earnings results on Thursday, October, 28th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.01. The firm had revenue of $689.39 million for the quarter, compared to analysts' expectations of $682.83 million.
How much of Overstock's stock is owned by institutions?
74.47% of the stock of Overstock.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Overstock.com are expected to grow by 24.46% in the coming year, from $2.33 to $2.90 per share.
What was the original name of Overstock?
The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is headquartered in Midvale, Utah.
How much does overstock make a year?
Overstock.com has a market capitalization of $2.67 billion and generates $2.55 billion in revenue each year. The company earns $56 million in net income (profit) each year or $7.69 on an earnings per share basis. How many employees does Overstock.com have?
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Is OSTK stock a good buy?
Out of 5 analysts, 0 (0%) are recommending OSTK as a Strong Buy, 2 (40%) are recommending OSTK as a Buy, 3 (60%) are recommending OSTK as a Hold, 0 (0%) are recommending OSTK as a Sell, and 0 (0%) are recommending OSTK as a Strong Sell. What is OSTK's earnings growth forecast for 2022-2024?
Is OSTK undervalued?
The historical average of roughly 15 shows a good value for OSTK stock as investors are paying lower share prices relative to the company's earnings. OSTK's low trailing PE ratio shows that the firm has been trading below its fair market value recently.
Is OSTK a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
Who owns OSTK?
Institutional investors purchased a net $896.2 thousand shares of OSTK during the quarter ended June 2019 and now own 74.71% of the total shares outstanding....Top 10 Owners of Overstock.com Inc.StockholderThe Vanguard Group, Inc.Stake8.59%Shares owned4,021,458Total value ($)100,576,665Shares bought / sold+78,3539 more columns
Will Ostk go up?
The 5 analysts offering 12-month price forecasts for Overstock.com Inc have a median target of 66.00, with a high estimate of 145.00 and a low estimate of 35.00. The median estimate represents a +152.20% increase from the last price of 26.17.
Will Ostk go back up?
Based on our forecasts, a long-term increase is expected, the "OSTK" stock price prognosis for 2027-07-09 is 90.452 USD. With a 5-year investment, the revenue is expected to be around +251.82%. Your current $100 investment may be up to $351.82 in 2027. Get It Now!
Is Overstock a Buy Sell or Hold?
Overstock.com has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Is Overstock a good investment?
Year-over-year quarterly sales growth most recently was 3.6%. Analysts expect adjusted earnings to reach $2.382 per share for the current fiscal year. Overstock.com Inc does not currently pay a dividend. Our near-term fundamental outlook for the Internet retail sub-industry is positive.
What is the price target for Overstock?
Stock Price TargetsHigh$145.00Median$66.00Low$35.00Average$74.20Current Price$25.23
Does Amazon own overstock?
No. While Amazon Outlet sells overstock and clearance items, Amazon Warehouse sells open-box items, refurbished items, and returned items. Amazon Warehouse items are typically priced the most competitively since they are used.
Does patrick byrne still own overstock?
Byrne sold some of his Overstock stock over the course of 2019, but remained the company's largest shareholder in the immediate aftermath of his resignation, with a 14% stake.
Is overstock and wayfair the same company?
Overstock.com has a neutral social sentiment, when analyzing social media channels and online mentions. Their current market cap is $3.27B. Wayfair's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Wayfair....Overstock.com vs Wayfair.27%Promoters6%Passive67%Detractors
Should I buy or sell Overstock.com stock right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Overstock.com in the last twelve months. There are currently 2 hold rating...
What is Overstock.com's stock price forecast for 2022?
6 Wall Street analysts have issued 1 year price objectives for Overstock.com's shares. Their forecasts range from $38.00 to $152.00. On average, th...
How has Overstock.com's stock performed in 2022?
Overstock.com's stock was trading at $59.01 at the start of the year. Since then, OSTK shares have decreased by 47.8% and is now trading at $30.81....
When is Overstock.com's next earnings date?
Overstock.com is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Overst...
How were Overstock.com's earnings last quarter?
Overstock.com, Inc. (NASDAQ:OSTK) issued its quarterly earnings data on Thursday, April, 28th. The company reported $0.21 earnings per share for th...
Who are Overstock.com's key executives?
Overstock.com's management team includes the following people: Mr. Jonathan E. Johnson III , CEO & Director (Age 56, Pay $1.04M) Mr. David J. Ni...
What is Jonathan Johnson's approval rating as Overstock.com's CEO?
20 employees have rated Overstock.com CEO Jonathan Johnson on Glassdoor.com . Jonathan Johnson has an approval rating of 88% among Overstock.com's...
Who are some of Overstock.com's key competitors?
Some companies that are related to Overstock.com include Amazon.com (AMZN) , Booking (BKNG) , Netflix (NFLX) , Expedia Group (EXPE) , Tripadvi...
What other stocks do shareholders of Overstock.com own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Overstock.com investors own include NVIDIA (NVDA) , Squar...
About Overstock.com
Headlines
Overstock.com, Inc. operates online shopping commercial site. It also sells these products through www.overstock.com, www.o.com, and www.o.biz. It operates through the following business segments: Retail, tZERO, and MVI. The Retail Segment engages in e-commerce sales through its website.
Overstock.com (NASDAQ:OSTK) Frequently Asked Questions
Crypto winter offers entry points for Wall Street firms? Here are key factors shaping institutional adoption - MarketWatch
What is Overstock.com?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Overstock.com in the last year. There are currently 1 hold rating and 5 buy ratings for the stock.
How much is Overstock's revenue in 2020?
Overstock.com is primarily an e-commerce service provider. The company sells its broad range of price-competitive products, including furniture, home decor, bedding and bath, and housewares through its www.overstock.com, www.o.co and www.o.biz websites. Overstock reported revenues of $2.55 billion in 2020.
