Will Overstock stock continue to rise in August?
Overstocks' share price has continued to climb early in August's trading. Shares are up roughly 9% in the month so far. Overstock had previously considered selling its e-commerce business, but CEO Jonathan Johnson has now stated that he has no interest in going forward with such a move.
What is the stock name of Overstock Inc?
Overstock.com trades on the NASDAQ under the ticker symbol "OSTK.". Overstock.com Inc (NASDAQ:OSTK) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.69) earnings per share for the quarter, beating the consensus estimate of ($0.92) by $0.23.
Does overstock have an upside of 93%?
According to analysts' consensus price target of $119.83, Overstock.com has a forecasted upside of 93.4% from its current price of $61.97. Overstock.com has only been the subject of 3 research reports in the past 90 days. Overstock.com has received 516 “outperform” votes. (Add your “outperform” vote.)
How many insiders own overstock?
Only 1.10% of the stock of Overstock.com is held by insiders. 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.
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Is Overstock a good stock to buy now?
As of November 02, 2021, Overstock.com Inc had a $4.4 billion market capitalization, compared to the Online Services median of $824.3 million, Overstock.com Inc's stock is up 121.4% in 2021, up 37.7% in the previous five trading days and up 67.9% in the past year.
Is Overstock a strong buy?
Overstock's analyst rating consensus is a 'Moderate Buy.
Is Overstock overvalued?
What it all boils down to is a company that is fully valued at a share price of $102. OSTK share price is technically overvalued when trading above that level.
Will Overstock stock 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 +156.41% increase from the last price of 25.74.
Is Overstock 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.
What is the price target for Overstock?
Stock Price TargetsHigh$145.00Median$66.00Low$35.00Average$74.20Current Price$25.23
Why is Overstock stock down?
Shares of Overstock took a hit after BofA Securities downgraded the stock, citing tougher economic conditions and a lack of factors likely to bring growth in the near term.
What is Ostk?
NASDAQ:OSTK), a leading home furnishings e-commerce retailer, is scheduled to release second quarter financial results for the period ended June 30, 2022, on Thursday, July 28, 2022, before the market opens.
Should I buy overstock Zacks?
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
Why is Overstock stock down?
Shares of Overstock took a hit after BofA Securities downgraded the stock, citing tougher economic conditions and a lack of factors likely to bring growth in the near term.
How do I invest in Overstock?
How to buy shares in Overstock-comCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Historical and forecast chart of Overstock.com stock
The chart below shows the historical price of Overstock.com stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Overstock.com stock price can be found in the table below.
Overstock.com Daily Price Targets
Forecast target price for 02-25-2022: $ 37.25. Positive dynamics for Overstock.com shares will prevail with possible volatility of 5.235%.
Overstock.com information and performance
Overstock.com Inc. — это интернет-ритейлер и технологическая компания. Сайт электронной коммерции Компании продает широкий спектр новых товаров для дома по низким ценам, включая мебель, декор, ковры, постельные принадлежности, предметы интерьера и многое другое.
Referenced Symbols
Overstock.com Inc. OSTK, +5.53% announced board approval of a new $100 million stock buyback program on Tuesday. The program has a termination date of December 31, 2023 and could be extended, suspended or discontinued. Overstock shares have rallied 45% for the year to date while the S&P 500 index SPX, +0.28% has gained 19.3% for the period.
AMC stock sinks to extend losing streak, GameStop stock resumes selloff
Shares of AMC Entertainment Holdings Inc. undefined sank 7.9% in premarket trading, putting them on track to suffer an eighth-straight decline. The movie theater operator's stock had tumbled 21.1% over the past seven sessions, which was so far the longest losing streak since the eight-day stretch that ended May 6.
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About the Author
Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. You can follow her on Twitter @tgarcianyc. She is based in New York.
Overstock.com Inc Stock Forecast
Over the next 52 weeks, Overstock.com Inc has on average historically risen by 66.9 % based on the past 19 years of stock performance.
Will Overstock.com Inc Stock Go Up Next Year?
Over the next 52 weeks, Overstock.com Inc has on average historically risen by 66.9% based on the past 19 years of stock performance.
Overstock.com Inc Stock Price History
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and OSTK is experiencing slight selling pressure.
Stock Predictions
Is Overstock.com Inc stock public? Yes, Overstock.com Inc is a publicly traded company.
Analyst price target for OSTK
Based on 6 analyst s offering 12 month price targets for Overstockcom Inc.
OSTK earnings per share forecast
What is OSTK 's earnings per share in the next 2 years based on estimates from 3 analyst s?
OSTK revenue forecast
What is OSTK 's revenue in the next 2 years based on estimates from 2 analyst s?
OSTK earnings growth forecast
How is OSTK forecast to perform vs Internet Retail companies and vs the US market?
OSTK revenue growth forecast
How is OSTK forecast to perform vs Internet Retail companies and vs the US market?
When did Overstock publish its second quarter results?
Overstock published second-quarter results on July 30, posting sales and earnings for the period that crushed the market's expectations. The company recorded earnings per share of $0.84 on sales of $782.5 million, while the average analyst estimate had called for a per-share loss of $0.23 on revenue of $680.2 million. Image source: Getty Images.
Is DA Davidson a bullish stock?
DA Davidson analyst Tom Forte published a bullish note on Overstock on July 2 that helped spur momentum for the company's share price in the month. Forte's note maintained a buy rating on the stock and raised DA Davidson's one-year price target on the company's shares from $33 to $66. The analyst cited Overstock's solid fundamentals, potential in the company's digital securities trading platform, and tailwinds related to the coronavirus pandemic as core reasons for hiking the price target.
