OSTK stock: buy or sell?

OSTK stock price: $21.12 8.31% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

3

Overstock.com closed today at $21.12 and climbed an amazing 8.31%. On Aug/14 OSTK plummed a spooky -28.87%. Thursday was the 4th climbing day in a row, gaining 16.31%.

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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean OSTK will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is OSTK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-9Maxim GroupBuyBuy
2019-8-9Maxim Groupn/aBuy
2019-7-16Maxim Groupn/aBuy
2019-7-16DA Davidsonn/aBuy
2019-3-19DA DavidsonBuyPositive

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%).

OSTK stock chart (daily)

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 chart (weekly)

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:
OSTK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-9Maxim GroupReiterates$34.00$40.0017.6%
2019-8-9Maxim GroupRaises Target$34.00$40.0017.6%
2019-7-16Maxim GroupInitiates$75.00$34.00-54.7%
2019-7-16DA DavidsonReiteratesn/a$48.00-
2019-3-19DA DavidsonReiterates$51.00$25.00-51%
(in average)$48.50$37.40-23.0%
Moving in a range from $48.00 and $25.00, the price prediction for Overstock.com stock is $37.40. In average, analysts' outlook on OSTK price target is negative, downgrading the prediction by a -23.00% from previous estimations.

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.
OSTK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.23n/a
2017-Q2-n/a-0.29n/a
2017-Q32017-11-08-0.09-0.03n/a
2017-Q42018-03-15-0.03-2.71n/a
2018-Q12018-05-08-0.87-1.74n/a
2018-Q22018-08-09-0.82-2.2n/a
2018-Q32018-11-08-0.86-1.55n/a
2018-Q42019-03-18-0.67-1.15n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/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%.

OSTK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,300 M-$89 M6.8%-
2014$1,497 M15.16%$8.85 M0.6%-90.00%
2015$1,658 M10.74%$2.45 M0.1%-72.37%
2016$1,800 M8.57%$13 M0.7%411.94%
2017$1,745 M-3.07%$-109.88 M-6.3%-977.48%
2018$1,822 M4.40%$-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%.
OSTK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(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$456 M7.61%$-95.69 M-21.0%12,074.30%
2018-Q1$445 M-2.40%$-50.91 M-11.4%-46.80%
2018-Q2$483 M8.49%$-64.91 M-13.4%27.50%
2018-Q3$441 M-8.81%$-47.92 M-10.9%-26.17%
2018-Q4$453 M2.72%$-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:

OSTKAMZNEBAYGAIAPCMI
Market cap$302.6 M$897.3 B$34.9 B$73.0 M$425.6 M
Total shares14.3 M492.1 M871.5 M9.8 M12.2 M
Float shares28.4 M436.0 M790.0 M11.1 M7.7 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 selling0.0%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 gain8.31%
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:
Stock3m6m12m
OSTKOverstock.com97.94%6.18%-31.09%
AMZNAmazon.com0.01%11.77%-4.30%
EBAYeBay11.14%7.50%16.72%
GAIAGaia-6.05%-36.32%-56.05%
PCMIPCM32.25%7.74%62.51%
ROSTRoss Stores16.06%14.43%14.13%
TGTTarget31.34%49.62%25.94%
TJXTJX Companies6.73%9.92%3.20%
WMTWalmart9.53%14.18%20.36%

Overstock.com competitors

We chose a few stocks to conform a list of Overstock.com competitors to review if you are interested in investing in OSTK: