With 3.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.42 million shares. The 52-week range on OLO shows that it touched its highest point at $8.35 and its lowest point at $4.20 during that stretch. It currently has a 1-year price target of $8.80. Beta for the stock currently stands at 1.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLO was up-trending over the past week, with a rise of 13.06%, but this was up by 37.84% over a month. Three-month performance surged to 10.73% while six-month performance rose 56.31%. The stock gained 65.30% in the past year, while it has gained 4.82% so far this year. A look at the trailing 12-month EPS for OLO yields -0.01 with Next year EPS estimates of 0.36. For the next quarter, that number is 0.07. This implies an EPS growth rate of 36.36% for this year and 19.44% for next year. EPS is expected to grow by 33.21% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 37.38%.
Float and Shares Shorts:
At present, 115.64 million OLO shares are outstanding with a float of 111.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLO since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.23826 being high and $0.2184 being low. For OLO, this leads to a yearly average estimate of $0.22833. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.08.
