Olo Inc [OLO] stock is trading at $6.42, down -0.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OLO shares have gain 11.85% over the last week, with a monthly amount glided 26.88%, 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 [OLO] stock has fluctuated between $4.20 and $7.13 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Olo Inc [NYSE: OLO] shares were valued at $6.42 at the most recent close of the market. An investor can expect a potential return of 40.19% based on the average OLO price forecast.
Analyzing the OLO fundamentals
Olo Inc [NYSE:OLO] reported sales of 271.87M for the trailing twelve months, which represents a growth of 24.33%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 6.37 points at the first support level, and at 6.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.50, and for the 2nd resistance point, it is at 6.58.
Ratios To Look Out For
For context, Olo Inc’s Current Ratio is 7.76. Also, the Quick Ratio is 7.76, while the Cash Ratio stands at 5.03. Considering the valuation of this stock, the price to sales ratio is 3.84, the price to book ratio is 1.57.
Transactions by insiders
Recent insider trading involved Washington Zuhairah Scott, Director, that happened on Nov 12 ’24 when 10353.0 shares were sold. Director, Washington Zuhairah Scott completed a deal on Nov 12 ’24 to buy 10353.0 shares. Meanwhile, Chief Operating Officer Lambert Joanna G sold 29769.0 shares on Oct 02 ’24.
