As of close of business last night, Olo Inc’s stock clocked out at $5.50, down -0.54% from its previous closing price of $5.53. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1057979 shares were traded.
Ratios:
To gain a deeper understanding of OLO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.78 and its Current Ratio is at 5.78. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on December 15, 2023, initiated with a Buy rating and assigned the stock a target price of $7.50.
Piper Sandler Upgraded its Neutral to Overweight on July 20, 2023, while the target price for the stock was maintained at $9.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Benevides Peter J. sold 18,885 shares for $5.60 per share. The transaction valued at 105,671 led to the insider holds 435,192 shares of the business.
Glass Noah H. sold 16,571 shares of OLO for $92,718 on Mar 06 ’24. The CEO now owns 332,971 shares after completing the transaction at $5.60 per share. On Mar 06 ’24, another insider, Panama Diego, who serves as the Chief Revenue Officer of the company, sold 13,252 shares for $5.59 each. As a result, the insider received 74,109 and left with 632,806 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, OLO now has a Market Capitalization of 890.43M and an Enterprise Value of 546.74M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.90 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 2.39 whereas that against EBITDA is -11.50.
Stock Price History:
Over the past 52 weeks, OLO has reached a high of $8.84, while it has fallen to a 52-week low of $4.25. The 50-Day Moving Average of the stock is 5.51, while the 200-Day Moving Average is calculated to be 5.95.
Shares Statistics:
It appears that OLO traded 1.01M shares on average per day over the past three months and 952.45k shares per day over the past ten days. A total of 108.47M shares are outstanding, with a floating share count of 101.83M. Insiders hold about 37.10% of the company’s shares, while institutions hold 57.01% stake in the company. Shares short for OLO as of Feb 29, 2024 were 3.07M with a Short Ratio of 3.05, compared to 2.73M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.90% and a Short% of Float of 3.88%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.06 and a low estimate of $0.04, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.23 and $0.17 for the fiscal current year, implying an average EPS of $0.19. EPS for the following year is $0.23, with 6 analysts recommending between $0.3 and $0.19.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $64.29M. It ranges from a high estimate of $64.5M to a low estimate of $64M. As of the current estimate, Olo Inc’s year-ago sales were $52.24M, an estimated increase of 23.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $66.22M, an increase of 24.60% over than the figure of $23.10% in the same quarter last year. There is a high estimate of $67.97M for the next quarter, whereas the lowest estimate is $64.44M.
A total of 7 analysts have provided revenue estimates for OLO’s current fiscal year. The highest revenue estimate was $274.95M, while the lowest revenue estimate was $269M, resulting in an average revenue estimate of $271.11M. In the same quarter a year ago, actual revenue was $228.29M, up 18.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $317.5M in the next fiscal year. The high estimate is $328.31M and the low estimate is $304.8M. The average revenue growth estimate for next year is up 17.10% from the average revenue estimate for this year.
