OSTK stock: buy or sell?
Updated on:
August 22nd, 2019
3
Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner.
Should I buy OSTK stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, Overstock.com stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Overstock.com stock a buy?
Banks and financial institutions publish stock ratings everyday.
At Stocks2.com, we gathered 5 ratings published for OSTK stock in the last 30 days. The general sentiment of these ratings is bullish for OSTK stock, with 4 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-8-9 | Maxim Group | Buy | Buy |
| 2019-8-9 | Maxim Group | n/a | Buy |
| 2019-7-16 | Maxim Group | n/a | Buy |
| 2019-7-16 | DA Davidson | n/a | Buy |
| 2019-3-19 | DA Davidson | Buy | Positive |
OSTK stock analysis
Daily outlook
Overstock.com climbed an amazing 8.31% and closed at $21.12.
Shares of Overstock.com ended today at $21.12 and climbed an amazing 8.31%. Since August 15th when OSTK stock price broke up the SMA200d line, it gained $5.15 (32.25%). Since Aug 7th when SMA50d and SMA100d crossed up, OSTK price slipped $-0.92 per share (-4.17%).
Weekly outlook
After sliding a frightening -39.09% in a week last week, Overstock.com closed this week at $21.12 and rocketed an amazing 16.62%.
Since price and SMA40w lines crossed up early July, OSTK climbed $6.40 (43.48%). Late July, SMA10w and SMA20w crossed up triggering a rise of 5.34%.
OSTK stock price history
OSTK IPO was on May 30th, 2002 at $13.69 per share1. Since then, OSTK stock surged a 54.30%, with a yearly average of 3.20%. If you had invested right after OSTK's IPO a $1,000 in OSTK stock in 2002, it would worth $543.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OSTK stock historical price chart
OSTK stock reached 52-week highs at $31.55, and all-time highs 2018-01-08 with a price of 89.8.
OSTK stock price target is $37.40
Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' OSTK stock price predictions in the hope that they will be met as they may be wrong and not met. We found 5 price targets for OSTK stock released in the last month:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-8-9 | Maxim Group | Reiterates | $34.00 | $40.00 | 17.6% |
| 2019-8-9 | Maxim Group | Raises Target | $34.00 | $40.00 | 17.6% |
| 2019-7-16 | Maxim Group | Initiates | $75.00 | $34.00 | -54.7% |
| 2019-7-16 | DA Davidson | Reiterates | n/a | $48.00 | - |
| 2019-3-19 | DA Davidson | Reiterates | $51.00 | $25.00 | -51% |
| (in average) | $48.50 | $37.40 | -23.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
On March, Overstock.com reported its latest financial data, posting an outstanding growth for the Earnings per Share (EPS) ratio. Experts were expecting $-0.67 per share, but Overstock.com posted $-1.15.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q1 | - | n/a | -0.23 | n/a |
| 2017-Q2 | - | n/a | -0.29 | n/a |
| 2017-Q3 | 2017-11-08 | -0.09 | -0.03 | n/a |
| 2017-Q4 | 2018-03-15 | -0.03 | -2.71 | n/a |
| 2018-Q1 | 2018-05-08 | -0.87 | -1.74 | n/a |
| 2018-Q2 | 2018-08-09 | -0.82 | -2.2 | n/a |
| 2018-Q3 | 2018-11-08 | -0.86 | -1.55 | n/a |
| 2018-Q4 | 2019-03-18 | -0.67 | -1.15 | n/a |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual turnover report draw a good increase of 4.40% to $1,821.59 million USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) fell a -5.02% to -11.31%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $1,300 M | - | $89 M6.8% | - |
| 2014 | $1,497 M | 15.16% | $8.85 M0.6% | -90.00% |
| 2015 | $1,658 M | 10.74% | $2.45 M0.1% | -72.37% |
| 2016 | $1,800 M | 8.57% | $13 M0.7% | 411.94% |
| 2017 | $1,745 M | -3.07% | $-109.88 M-6.3% | -977.48% |
| 2018 | $1,822 M | 4.40% | $-206.07 M-11.3% | 87.54% |
Quarterly financial results
Overstock.com reported $452.55 million in revenues for 2018-Q4, a 2.72% up compared to previous quarter. Reported quarter income marked $-42.33 M with a profit margin of -9.35%. Profit margin stepped up a 1.52% compared to previous quarter when profit margin was -10.88%. When comparing turnover to same quarter last year, Overstock.com sales marked a disappointing movement and remained steady a -0.82%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q1 | $432 M | - | $-5.90 M-1.4% | - |
| 2017-Q2 | $432 M | -0.10% | $-7.30 M-1.7% | 23.73% |
| 2017-Q3 | $424 M | -1.85% | $-0.79 M-0.2% | -89.23% |
| 2017-Q4 | $456 M | 7.61% | $-95.69 M-21.0% | 12,074.30% |
| 2018-Q1 | $445 M | -2.40% | $-50.91 M-11.4% | -46.80% |
| 2018-Q2 | $483 M | 8.49% | $-64.91 M-13.4% | 27.50% |
| 2018-Q3 | $441 M | -8.81% | $-47.92 M-10.9% | -26.17% |
| 2018-Q4 | $453 M | 2.72% | $-42.33 M-9.4% | -11.68% |
Overstock.com ownership
When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.Overstock.com shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 24.37% of all shares.
In case of Overstock.com stock, 69.29% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OSTK stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Overstock.com:
| OSTK | AMZN | EBAY | GAIA | PCMI | |
|---|---|---|---|---|---|
| Market cap | $302.6 M | $897.3 B | $34.9 B | $73.0 M | $425.6 M |
| Total shares | 14.3 M | 492.1 M | 871.5 M | 9.8 M | 12.2 M |
| Float shares | 28.4 M | 436.0 M | 790.0 M | 11.1 M | 7.7 M |
| - Institutional holdings (%) | 69.3% | 57.1% | 88.0% | 86.6% | 58.0% |
| - Insider holdings (%) | 24.4% | 16.1% | 5.3% | 4.2% | 28.2% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
OSTK summary
| Thursday, August 22nd, 2019 | |
|---|---|
| Open | $19.75 |
| Close | $21.12 |
| Day range | $19.10 - $22.95 |
| Previous close | $19.50 |
| Session gain | 8.31% |
| Average true range | $2.72 |
| 50d mov avg | $17.24 |
| 100d mov avg | $14.96 |
| 200d mov avg | $16.38 |
| Daily pattern | |
| Weekly pattern | |
Overstock.com performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Overstock.com against Amazon.com, eBay, Gaia, PCM, Ross Stores, Target, TJX Companies and Walmart in the following table:| Stock | 3m | 6m | 12m |
|---|---|---|---|
| OSTKOverstock.com | 97.94% | 6.18% | -31.09% |
| AMZNAmazon.com | 0.01% | 11.77% | -4.30% |
| EBAYeBay | 11.14% | 7.50% | 16.72% |
| GAIAGaia | -6.05% | -36.32% | -56.05% |
| PCMIPCM | 32.25% | 7.74% | 62.51% |
| ROSTRoss Stores | 16.06% | 14.43% | 14.13% |
| TGTTarget | 31.34% | 49.62% | 25.94% |
| TJXTJX Companies | 6.73% | 9.92% | 3.20% |
| WMTWalmart | 9.53% | 14.18% | 20.36% |