A share price of Olo Inc [OLO] is currently trading at $5.30, up 2.91%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OLO shares have gain 3.52% over the last week, with a monthly amount glided 14.22%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Olo Inc [NYSE: OLO] stock has seen the most recent analyst activity on December 15, 2023, when Lake Street initiated its Buy rating and assigned the stock a price target of $7.50. Previously, William Blair downgraded its rating to Mkt Perform on November 07, 2023. On July 20, 2023, upgrade upgraded it’s rating to Overweight but maintained its price target of $9 on the stock. BTIG Research started tracking the stock assigning a Neutral rating. Goldman initiated its recommendation with a Neutral and recommended $8.50 as its price target on October 19, 2022. Stifel downgraded its rating to Hold for this stock on August 12, 2022, and downed its price target to $9. In a note dated August 12, 2022, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $13 to $9.
Olo Inc experienced fluctuations in its stock price throughout the past year between $4.20 and $6.84. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Olo Inc [NYSE: OLO] shares were valued at $5.30 at the most recent close of the market. An investor can expect a potential return of 69.81% based on the average OLO price forecast.
Analyzing the OLO fundamentals
Trailing Twelve Months sales for Olo Inc [NYSE:OLO] were 257.81M which represents 27.61% growth. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.04 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.14 points at the first support level, and at 4.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.38, and for the 2nd resistance point, it is at 5.46.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Olo Inc [NYSE:OLO] is 6.43. As well, the Quick Ratio is 6.43, while the Cash Ratio is 3.92. Considering the valuation of this stock, the price to sales ratio is 3.33, the price to book ratio is 1.30.
Transactions by insiders
Recent insider trading involved Lambert Joanna G, Chief Operating Officer, that happened on Oct 02 ’24 when 29769.0 shares were sold. Officer, Lambert Joanna G completed a deal on Oct 02 ’24 to buy 29769.0 shares. Meanwhile, General Counsel and Secretary Morvillo Robert sold 1881.0 shares on Sep 06 ’24.
