The closing price of Olo Inc (NYSE: OLO) was $5.61 for the day, down -7.12% from the previous closing price of $6.04. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 953955 shares were traded.
Ratios:
Our analysis of OLO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 06 when Panama Diego sold 13,293 shares for $5.78 per share. The transaction valued at 76,835 led to the insider holds 581,869 shares of the business.
Glass Noah H. sold 8,338 shares of OLO for $48,205 on Dec 06. The CEO now owns 285,353 shares after completing the transaction at $5.78 per share. On Dec 06, another insider, Benevides Peter J., who serves as the Chief Financial Officer of the company, sold 7,898 shares for $5.78 each. As a result, the insider received 45,633 and left with 357,792 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 908.24M and an Enterprise Value of 564.55M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 2.47 whereas that against EBITDA is -11.87.
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 5.50, while the 200-Day Moving Average is calculated to be 6.03.
Shares Statistics:
OLO traded an average of 1.10M shares per day over the past three months and 1.3M shares per day over the past ten days. A total of 108.47M shares are outstanding, with a floating share count of 102.76M. Insiders hold about 36.53% of the company’s shares, while institutions hold 57.00% stake in the company. Shares short for OLO as of Feb 15, 2024 were 2.62M with a Short Ratio of 2.39, compared to 2.93M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.60% and a Short% of Float of 3.25%.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $64.44M to a low estimate of $60.4M. As of the current estimate, Olo Inc’s year-ago sales were $52.24M, an estimated increase of 22.00% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $65.91M, an increase of 24.00% over than the figure of $22.00% in the same quarter last year. There is a high estimate of $67.97M for the next quarter, whereas the lowest estimate is $61.6M.
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 $250.6M, resulting in an average revenue estimate of $268.11M. In the same quarter a year ago, actual revenue was $228.29M, up 17.40% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $319.62M in the next fiscal year. The high estimate is $328.31M and the low estimate is $311.58M. The average revenue growth estimate for next year is up 19.20% from the average revenue estimate for this year.
