Should I buy or sell Ocado Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ocado Group in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" OCDO shares. View OCDO analyst ratings or view top-rated stocks .

What is Ocado Group's stock price target for 2024?

3 brokers have issued 1 year target prices for Ocado Group's stock. Their OCDO share price targets range from GBX 430 to GBX 600. On average, they anticipate the company's share price to reach GBX 526.67 in the next year. This suggests a possible upside of 50.5% from the stock's current price. View analysts price targets for OCDO or view top-rated stocks among Wall Street analysts .

How have OCDO shares performed in 2024?

Ocado Group's stock was trading at GBX 758.40 on January 1st, 2024. Since then, OCDO shares have decreased by 53.9% and is now trading at GBX 350. View the best growth stocks for 2024 here .

What other stocks do shareholders of Ocado Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocado Group investors own include Nanoco Group (NANO) , Tullow Oil (TLW) , Glencore (GLEN) , Tesco (TSCO) , BP (BP) , Lloyds Banking Group (LLOY) , Ftse Wma Sm Conserv (PIC) , Ilika (IKA) , Royal Dutch Shell (RDSB) and ASML (ASML) .

How do I buy shares of Ocado Group?

Shares of OCDO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:OCDO

Ocado Group (OCDO) Share Price, News & Analysis

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Free OCDO Stock Alerts

GBX 350

+1.80 (+0.52%)

(As of 04/18/2024 ET)

Compare

Today's Range: 335.20
▼
351.43
50-Day Range: 342.90
▼
539
52-Week Range: 335.20
▼
1,017

Volume: 3.33 million shs
Average Volume: 2.49 million shs
Market Capitalization: £2.86 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: GBX 526.67

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

Get Ocado Group alerts:

Ocado Group MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 50.5% Upside
GBX 526.67 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.92
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
£45,164 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.63 out of 5 stars

2.8

Analyst's Opinion

Consensus Rating
Ocado Group has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Ocado Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for OCDO.

0.0

Dividend Strength

Dividend Yield
Ocado Group does not currently pay a dividend.
Dividend Growth
Ocado Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OCDO.

2.7

News and Social Media Coverage

News Sentiment
Ocado Group has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Ocado Group this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 3 people have added Ocado Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ocado Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £451.64 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
30.22% of the stock of Ocado Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
56.42% of the stock of Ocado Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ocado Group is -921.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ocado Group is -921.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ocado Group has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Ocado Group Stock (LON:OCDO)

Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services. The company is involved in the software and robotics platform business that provides the Ocado Smart Platform as a managed service, as well as offers Ocado Intelligent Automation that sells its technology to warehouse environments in non-grocery markets. In addition, the company provides online retail and automated storage and retrieval solutions for general merchandise to corporations. Ocado Group plc was founded in 2000 and is headquartered in Hatfield, the United Kingdom.

OCDO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OCDO Stock News Headlines

April 16, 2024 | insidertrades.com

Ocado Group plc (LON:OCDO) Insider Buys £149.94 in Stock

March 19, 2024 | insidertrades.com

Insider Buying: Ocado Group plc (LON:OCDO) Insider Purchases 33 Shares of Stock

April 19, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 18, 2024 | americanbankingnews.com

Ocado Group (LON:OCDO) Reaches New 52-Week Low at $341.60

April 16, 2024 | americanbankingnews.com

Ocado Group plc (LON:OCDO) Insider Neill Abrams Buys 42 Shares

April 14, 2024 | msn.com

I want nothing to do with this FTSE 100 disaster!

April 5, 2024 | uk.finance.yahoo.com

Down 60% from its 2023 high, the Ocado share price is on my radar

April 4, 2024 | marketwatch.com

Ocado Chairman Rick Haythornthwaite to Step Down to Focus on NatWest Role

April 19, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 27, 2024 | msn.com

Ocado is down 66%! Should I buy, sell, or hold this FTSE 100 stock?

March 26, 2024 | uk.investing.com

Supermarket prices climb at slowest rate in two years

March 26, 2024 | msn.com

Stock Index Futures Rise as Investors Prepare for U.S. Economic Data Release

March 26, 2024 | lse.co.uk

TOP NEWS: Ocado Retail backs outlook after strong start to 2024

March 26, 2024 | bloomberg.com

Ocado Wins Over New Customers With Price Cuts and Promotions

March 26, 2024 | msn.com

Ocado, M&S still talking over final Ocado Retail payment, says jv CEO

March 25, 2024 | uk.investing.com

Blue-chips fall, Ocado slides, Gas prices surge

March 22, 2024 | msn.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.64%

March 22, 2024 | msn.com

The FTSE 100 nears 8,000 points! I don’t think these UK shares will stay cheap for long

March 18, 2024 | uk.investing.com

Market Snapshot: Central Banks Central

March 17, 2024 | msn.com

March 1, 2024 | realmoney.thestreet.com

Ocado Group price target lowered by 30 GBp at Barclays

February 29, 2024 | msn.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.08%

February 29, 2024 | msn.com

Bitcoin rises towards record high; SEC ‘investigating if OpenAI investors were misled’ – business live

February 29, 2024 | uk.finance.yahoo.com

Should I buy, as the Ocado share price perks up on FY results?

February 26, 2024 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.30%

February 26, 2024 | thetimes.co.uk

M&S puts payment to Ocado on hold over poor performance

February 24, 2024 | msn.com

Ocado Group (OCDGF) Price Target Increased by 24.36% to 10.88

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Defensive
Industry: Grocery Stores
Sub-Industry: N/A
Current Symbol: LON:OCDO
CUSIP: N/A
CIK: N/A
Web: www.ocadogroup.com
Phone: +44-1707-227800
Fax: N/A
Employees: 18,869
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 526.67
High Stock Price Target: GBX 600
Low Stock Price Target: GBX 430
Potential Upside/Downside: +50.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX (0.38)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: £-314,000,000.00
Net Margins: -11.11%
Pretax Margin: N/A
Return on Equity: -22.46%
Return on Assets: -4.30%

Debt

Debt-to-Equity Ratio: 129.71
Current Ratio: 2.49
Quick Ratio: 2.82

Sales & Book Value

Annual Sales: £2.82 billion
Price / Sales: 1.02
Cash Flow: GBX 74.52 per share
Price / Cash Flow: 4.70
Book Value: GBX 182 per share
Price / Book: 1.92

Miscellaneous

Outstanding Shares: 818,230,000
Free Float: N/A
Market Cap: £2.86 billion
Optionable: Not Optionable
Beta: 1.71

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Key Executives

Mr. Timothy Steiner O.B.E. (Age 55)
CEO & Executive Director
Comp: $1.95M
Mr. Stephen Wayne Daintith FCA (Age 60)
CFO & Executive Director
Comp: $1.5M
Mr. Neill Abrams BA (Age 59)
LLB (Wits), LLM, Group General Counsel & Company Secretary
Comp: $1.27M
Mr. John W. Martin (Age 58)
Chief Executive Officer of Ocado Solutions
Comp: $65k
Mr. David M. Shriver
Communications Director
Ms. Claire Ainscough
Chief People Officer
Mr. David Hardiman-Evans
Senior Vice President of North America - Ocado Solutions
Mr. Brian McClory
Managing Director of Ocado Logistics
Mr. James Matthews
CEO of Ocado Technology

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

OCDO Stock Analysis - Frequently Asked Questions

Should I buy or sell Ocado Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ocado Group in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" OCDO shares.
View OCDO analyst ratings or view top-rated stocks.
What is Ocado Group's stock price target for 2024?: 3 brokers have issued 1 year target prices for Ocado Group's stock. Their OCDO share price targets range from GBX 430 to GBX 600. On average, they anticipate the company's share price to reach GBX 526.67 in the next year. This suggests a possible upside of 50.5% from the stock's current price.
View analysts price targets for OCDO or view top-rated stocks among Wall Street analysts.
How have OCDO shares performed in 2024?: Ocado Group's stock was trading at GBX 758.40 on January 1st, 2024. Since then, OCDO shares have decreased by 53.9% and is now trading at GBX 350.
View the best growth stocks for 2024 here.

What other stocks do shareholders of Ocado Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ocado Group investors own include Nanoco Group (NANO), Tullow Oil (TLW), Glencore (GLEN), Tesco (TSCO), BP (BP), Lloyds Banking Group (LLOY), Ftse Wma Sm Conserv (PIC), Ilika (IKA), Royal Dutch Shell (RDSB) and ASML (ASML).
How do I buy shares of Ocado Group?: Shares of OCDO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:OCDO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ocado Group (OCDO) Share Price, News & Analysis

Ocado Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ocado Group Stock (LON:OCDO)

OCDO Stock Price History

OCDO Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

OCDO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™