The price of Overstock.com Inc. (NASDAQ: OSTK) closed at $17.60 in the last session, down -1.07% from day before closing price of $17.79. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 1139267 shares were traded. OSTK stock price reached its highest trading level at $18.44 during the session, while it also had its lowest trading level at $17.53.
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Ratios:
We take a closer look at OSTK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 13 when Nickle Eric Glen sold 2,000 shares for $17.19 per share. The transaction valued at 34,380 led to the insider holds 15,434 shares of the business.
Corbus Barclay F sold 2,334 shares of OSTK for $49,364 on Feb 21. The Director now owns 50,273 shares after completing the transaction at $21.15 per share. On Feb 06, another insider, Corbus Barclay F, who serves as the Director of the company, sold 700 shares for $23.24 each. As a result, the insider received 16,268 and left with 49,273 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OSTK now has a Market Capitalization of 920.07M and an Enterprise Value of 586.42M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.30 whereas that against EBITDA is 13.41.
Stock Price History:
Over the past 52 weeks, OSTK has reached a high of $35.20, while it has fallen to a 52-week low of $17.05. The 50-Day Moving Average of the stock is 19.24, while the 200-Day Moving Average is calculated to be 22.62.
Shares Statistics:
According to the various share statistics, OSTK traded on average about 1.41M shares per day over the past 3-months and 989.24k shares per day over the past 10 days. A total of 45.07M shares are outstanding, with a floating share count of 44.50M. Insiders hold about 0.50% of the company’s shares, while institutions hold 63.70% stake in the company. Shares short for OSTK as of Apr 27, 2023 were 4.13M with a Short Ratio of 4.13M, compared to 4.37M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.13% and a Short% of Float of 10.30%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of $0 and a low estimate of -$0.18, while EPS last year was $0.19. The consensus estimate for the next quarter is -$0.05, with high estimates of $0.09 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.09 and -$0.59 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is -$0.17, with 8 analysts recommending between $0.24 and -$0.62.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $407.94M. It ranges from a high estimate of $422.5M to a low estimate of $385M. As of the current estimate, Overstock.com Inc.’s year-ago sales were $528.12M, an estimated decrease of -22.80% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $402.7M, a decrease of -14.80% over than the figure of -$22.80% in the same quarter last year. There is a high estimate of $451M for the next quarter, whereas the lowest estimate is $345.2M.
A total of 9 analysts have provided revenue estimates for OSTK’s current fiscal year. The highest revenue estimate was $1.66B, while the lowest revenue estimate was $1.49B, resulting in an average revenue estimate of $1.59B. In the same quarter a year ago, actual revenue was $1.93B, down -17.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.51B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
