Overstock.com Inc. [OSTK] is 727.09% higher this YTD. Is it still time to buy?

Overstock.com Inc. [NASDAQ: OSTK] surged by $5.98 during the normal trading session on Tuesday and reaching a high of $59.18 during the day while it closed the day at $58.31. The company report on November 16, 2020 that tZERO ATS Market Data Now Available on Financial Market Data Platform Refinitiv.

Broadens the Dissemination of tZERO ATS Market Data in the Financial Services Industry.

tZERO, a leader in financial innovation and liquidity for private companies, announced that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an Alternative Trading System (ATS), has completed a technology integration with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure and formerly Thomson Reuters’ Financial and Risk business. This integration allows Refinitiv’s client base of institutions and broker-dealers to see the fundamental (Level 1) market data on the digital securities that trade on the tZERO ATS.

Overstock.com Inc. stock has also gained 13.58% of its value over the past 7 days. However, OSTK stock has declined by -52.11% in the 3 months of the year. Over the past six months meanwhile, it has gained 214.51% and gained 727.09% year-on date.

The market cap for OSTK stock reached $2.43 billion, with 41.60 million shares outstanding and 38.29 million shares in the current float. Compared to the average trading volume of 5.83M shares, OSTK reached a trading volume of 6103226 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Overstock.com Inc. [OSTK]:

Wedbush have made an estimate for Overstock.com Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 16, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on September 16, 2020, representing the official price target for Overstock.com Inc. stock. Previously, the target price had yet another raise to $96, while Needham analysts kept a Buy rating on OSTK stock.

The Average True Range (ATR) for Overstock.com Inc. is set at 5.77, with the Price to Sales ratio for OSTK stock in the period of the last 12 months amounting to 1.09. The Price to Book ratio for the last quarter was 6.78, with the Price to Cash per share for the same quarter was set at 12.75. Price to Free Cash Flow for OSTK in the course of the last twelve months was 14.48 with Quick ratio for the last quarter at 1.70.

OSTK stock trade performance evaluation

Overstock.com Inc. [OSTK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.58. With this latest performance, OSTK shares dropped by -19.74% in over the last four-week period, additionally plugging by 214.51% over the last 6 months – not to mention a rise of 619.88% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OSTK stock in for the last two-week period is set at 44.59, with the RSI for the last a single of trading hit 46.84, and the three-weeks RSI is set at 43.89 for Overstock.com Inc. [OSTK]. The present Moving Average for the last 50 days of trading for this stock 70.53, while it was recorded at 54.06 for the last single week of trading, and 42.12 for the last 200 days.

Overstock.com Inc. [OSTK]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Overstock.com Inc. [OSTK] shares currently have an operating margin of -8.57 and a Gross Margin at +18.10. Overstock.com Inc.’s Net Margin is presently recorded at -8.23.

Return on Total Capital for OSTK is now -59.56, given the latest momentum, and Return on Invested Capital for the company is -88.54. Return on Equity for this stock declined to -97.38, with Return on Assets sitting at -27.35. When it comes to the capital structure of this company, Overstock.com Inc. [OSTK] has a Total Debt to Total Equity ratio set at 24.47. Additionally, OSTK Total Debt to Total Capital is recorded at 19.66, with Total Debt to Total Assets ending up at 6.74. Long-Term Debt to Equity for the company is recorded at 18.73, with the Long-Term Debt to Total Capital now at 15.05.

Reflecting on the efficiency of the workforce at the company, Overstock.com Inc. [OSTK] managed to generate an average of -$74,505 per employee. Receivables Turnover for the company is 45.77 with a Total Asset Turnover recorded at a value of 3.32.Overstock.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for Overstock.com Inc. [OSTK] stock

With the latest financial reports released by the company, Overstock.com Inc. posted -0.73/share EPS, while the average EPS was predicted by analysts to be reported at -0.34/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -114.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OSTK.

Overstock.com Inc. [OSTK]: Insider Ownership positions

There are presently around $1,643 million, or 63.90% of OSTK stock, in the hands of institutional investors. The top three institutional holders of OSTK stocks are: MORGAN STANLEY with ownership of 5,018,853, which is approximately 0.341% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 3,261,137 shares of the stock with an approximate value of $190.16 million in OSTK stocks shares; and VANGUARD GROUP INC, currently with $165.88 million in OSTK stock with ownership of nearly 46.319% of the company’s market capitalization.

Positions in Overstock.com Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 136 institutional holders increased their position in Overstock.com Inc. [NASDAQ:OSTK] by around 7,153,234 shares. Additionally, 66 investors decreased positions by around 3,792,680 shares, while 8 investors held positions by with 17,226,162 shares. The mentioned changes placed institutional holdings at 28,172,076 shares, according to the latest SEC report filing. OSTK stock had 84 new institutional investments in for a total of 2,238,574 shares, while 23 institutional investors sold positions of 1,354,617 shares during the same period.

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