Will earnings report, end it’s winning streak? Overstock.com (NASDAQ:OSTK)

Earnings results for Overstock.com (NASDAQ:OSTK)

Overstock.com, Inc. is expected* to report earnings on 02/24/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.3. The reported EPS for the same quarter last year was $-0.73.

Analyst Opinion on Overstock.com (NASDAQ:OSTK)

6 Wall Street analysts have issued ratings and price targets for Overstock.com in the last 12 months. Their average twelve-month price target is $101.33, predicting that the stock has a possible upside of 0.13%. The high price target for OSTK is $140.00 and the low price target for OSTK is $78.00. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Overstock.com has received a consensus rating of Buy. The company’s average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $101.33, Overstock.com has a forecasted upside of 0.1% from its current price of $101.20. Overstock.com has received no research coverage in the past 90 days.

Dividend Strength: Overstock.com (NASDAQ:OSTK)

Overstock.com does not currently pay a dividend. Overstock.com does not have a long track record of dividend growth.

Insiders buying/selling: Overstock.com (NASDAQ:OSTK)

In the past three months, Overstock.com insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,299,129.00 in company stock. Only 1.30% of the stock of Overstock.com is held by insiders. 65.82% of the stock of Overstock.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Overstock.com (NASDAQ:OSTK

Earnings for Overstock.com are expected to grow by 1.77% in the coming year, from $1.13 to $1.15 per share. The P/E ratio of Overstock.com is 481.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 33.32. The P/E ratio of Overstock.com is 481.93, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.84. Overstock.com has a PEG Ratio of 2.59. PEG Ratios above 1 indicate that a company could be overvalued. Overstock.com has a P/B Ratio of 22.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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