Overstock.com, Inc. (NASDAQ: OSTK) recently received the rating of “Buy” after a consensus from analysts of nine brokerages covering this stock.
Among those nine analysts’ ratings, one has given out a rating of “Sell”. Two have issued “hold” and a majority of five brokerages have rated the company as “buy”. The 52-week target price as set by these brokerages stand at $101.33.
OSTK stocks traded at $62.57 this Friday. The company’ current market capitalization stands at $2.68 billion. It has a negative PE ratio of 53.02 along with a beta of 4.43 at the moment. The 12-monthly high to low ranges from $128.50 to $2.53. The 50SMA (50 Days Simple Moving Average) stands at $60.82 and its 200SMA stands at $63.54. The debt-to-equity of this company is 0.21. The current ratio stands at 1.07 and the quick ratio at 1.05.
Overstock.com, Inc. (NASDAQ: OSTK) Stock Analysis
The quarterly earnings report for the previous quarter was released on the 29th of October. The earnings stood at $0.50 EPS as opposed to the general consensus of $0.23 proposed by several equities’ analysts. The company’s return on equity stands at 21.29% along with the net margin of 2.05%. The estimated income for the firm was marked at $585.58 million but it made $731.65 million for the quarter. During the same time previous year, the firm’s EPS was $0.89. The FY2020 EPS might stand at -0.29 according to analysts.
NASDAQ: OSTK has recently been the subject of a lot of reports by research analysts. Some such as Needham & Company, Wedbush, ValuEngine, Bank of America, TheStreet and so on have posted reports on this company over the last few months.
Several hedge funds and institutional investors have also been involved in buying and selling of NASDAQ: OSTK shares recently. Among some of the notable ones, Jonathan E. Johnson CEO recently increased stock holdings in this company. Along with this, several insiders in the trading network also changed their stock holdings of OSTK shares.