Overstock.com, Inc. (NASDAQ:OSTK – Get Rating) Director Barbara Messing sold 600 shares of the company’s stock in a transaction dated Monday, January 23rd. The shares were sold at an average price of $21.65, for a total transaction of $12,990.00. Following the completion of the sale, the director now owns 4,362 shares in the company, valued at approximately $94,437.30. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Overstock.com Price Performance
OSTK opened at $21.78 on Wednesday. The firm has a market cap of $996.22 million, a price-to-earnings ratio of 108.91, a price-to-earnings-growth ratio of 3.56 and a beta of 3.35. Overstock.com, Inc. has a fifty-two week low of $17.05 and a fifty-two week high of $59.46. The company’s 50-day moving average price is $21.81 and its 200 day moving average price is $24.87. The company has a quick ratio of 2.01, a current ratio of 2.04 and a debt-to-equity ratio of 0.05.
Overstock.com (NASDAQ:OSTK – Get Rating) last posted its earnings results on Thursday, October 27th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Overstock.com had a net margin of 0.62% and a return on equity of 5.65%. The firm had revenue of $460.28 million during the quarter, compared to analysts’ expectations of $491.20 million. As a group, sell-side analysts expect that Overstock.com, Inc. will post 0.57 earnings per share for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on OSTK shares. Piper Sandler cut their target price on shares of Overstock.com to $35.00 in a research note on Tuesday, November 1st. Guggenheim restated a “neutral” rating on shares of Overstock.com in a research note on Tuesday, October 4th. StockNews.com started coverage on shares of Overstock.com in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Argus started coverage on shares of Overstock.com in a research note on Thursday, October 20th. They issued a “hold” rating on the stock. Finally, Needham & Company LLC lowered shares of Overstock.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 4th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Overstock.com has an average rating of “Hold” and a consensus target price of $47.17.
Overstock.com Company Profile
Overstock.com, Inc operates online shopping commercial site. It also sells these products through www.overstock.com, www.o.com, and www.o.biz. It operates through the following business segments: Retail, tZERO, and MVI. The Retail Segment engages in e-commerce sales through its website. The tZERO Segment focuses on securities transaction through its broker-dealers.
- Get a free copy of the StockNews.com research report on Overstock.com (OSTK)
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