OLO (OLO) Projected to Post Earnings on Monday

OLO (NYSE:OLO - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect OLO to post earnings of $0.08 per share and revenue of $82.23 million for the quarter. OLO has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

OLO (NYSE:OLO - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.01. The company had revenue of $80.68 million during the quarter, compared to analysts' expectations of $77.47 million. OLO had a net margin of 1.09% and a return on equity of 1.46%. OLO's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 EPS. On average, analysts expect OLO to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

OLO Stock Up 0.1%

Shares of NYSE OLO traded up $0.02 during mid-day trading on Friday, reaching $10.15. 1,437,998 shares of the company were exchanged, compared to its average volume of 1,999,969. OLO has a twelve month low of $4.56 and a twelve month high of $10.16. The stock has a market capitalization of $1.68 billion, a P/E ratio of 507.50 and a beta of 1.57. The company's 50-day simple moving average is $9.19 and its 200-day simple moving average is $7.68.

Analysts Set New Price Targets

A number of equities analysts recently commented on OLO shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $10.25 price target on shares of OLO in a research report on Monday, July 7th. Lake Street Capital lowered shares of OLO from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Truist Financial lowered shares of OLO from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Wall Street Zen lowered shares of OLO from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Piper Sandler raised their target price on shares of OLO from $8.00 to $10.25 and gave the company a "neutral" rating in a report on Monday, July 7th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $10.17.

Insider Transactions at OLO

In other news, insider Robert Morvillo sold 10,129 shares of OLO stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $8.80, for a total value of $89,135.20. Following the completion of the sale, the insider owned 386,516 shares in the company, valued at $3,401,340.80. The trade was a 2.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Joanna G. Lambert sold 38,614 shares of OLO stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $8.80, for a total transaction of $339,803.20. Following the completion of the sale, the chief operating officer owned 925,146 shares of the company's stock, valued at $8,141,284.80. This represents a 4.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 98,630 shares of company stock worth $864,454. Company insiders own 39.33% of the company's stock.

Institutional Trading of OLO

A hedge fund recently raised its stake in OLO stock. Dynamic Technology Lab Private Ltd increased its stake in Olo Inc. (NYSE:OLO - Free Report) by 13.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,071 shares of the company's stock after acquiring an additional 2,922 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in OLO were worth $151,000 at the end of the most recent reporting period. Institutional investors own 93.40% of the company's stock.

About OLO

Olo, Inc engages in the provision of a cloud-based, on-demand commerce platform for multi-location restaurant brands. It enables digital ordering and delivery. The company was founded by Noah H. Glass on June 1, 2005 and is headquartered in New York, NY.