NYSE:OLO

OLO (OLO) Stock Forecast, Price & News

$6.59

-0.24 (-3.51%)

(As of 05/26/2023 08:47 PM ET)

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Today's Range: $6.58
▼
$6.99
50-Day Range: $6.59
▼
$8.80
52-Week Range: $5.74
▼
$14.08

Volume: 1.09 million shs
Average Volume: 935,204 shs
Market Capitalization: $1.07 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.58

OLO MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 75.8% Upside
$11.58 Price Target
Short Interest: Bearish
11.83% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.51
Based on 4 Articles This Week
Insider Trading: Selling Shares
$271,782 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.17) to ($0.15) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Computer And Technology Sector

381st out of 618 stocks

Business Services, Not Elsewhere Classified Industry

58th out of 91 stocks

3.2

Analyst's Opinion

Consensus Rating
OLO has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.58, OLO has a forecasted upside of 75.8% from its current price of $6.59.
Amount of Analyst Coverage
OLO has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
11.83% of the float of OLO has been sold short.
Short Interest Ratio / Days to Cover
OLO has a short interest ratio ("days to cover") of 12.7, which indicates bearish sentiment.
Change versus previous month
Short interest in OLO has recently decreased by 0.26%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
OLO does not currently pay a dividend.
Dividend Growth
OLO 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 OLO.

2.5

News and Social Media Coverage

News Sentiment
OLO has a news sentiment score of 0.51. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for OLO this week, compared to 4 articles on an average week.
Search Interest
5 people have searched for OLO on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added OLO to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OLO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $271,782.00 in company stock.
Percentage Held by Insiders
39.12% of the stock of OLO is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
80.93% of the stock of OLO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for OLO are expected to grow in the coming year, from ($0.17) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OLO is -22.72, 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 OLO is -22.72, 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
OLO has a P/B Ratio of 1.54. 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

About OLO (NYSE:OLO) Stock

Olo Inc. provides software-as-a-service platform for multi-location restaurants in the United States. The company's platform enables on-demand commerce operations, which cover digital ordering and delivery through online and mobile ordering modules. Its modules include Order Management, an on-demand digital commerce and channel management solutions that enables consumers to order directly from and pay restaurants via mobile, web, kiosk, voice, and other digital channels; and Delivery Enablement, a fulfillment network, as well as a network aggregator and channel management solution, which enables restaurants to offer, manage, and expand direct delivery, as well as allows restaurants to control and syndicate menu, pricing, location data, and availability, while directly integrating and optimizing orders from third-parties into the restaurants' point-of-sale and systems. The company also provides Customer Engagement solution, a suite of restaurant-centric marketing and sentiment solutions that enables restaurants to collect, analyze, and act on guest data; Front-of-House solution, which enables restaurants to streamline the queue orders from multiple sales channels; and Payment solution, a payment platform that offers fraud prevention that results in enhanced authorization rates for valid transactions. The company was formerly known as Mobo Systems, Inc. and changed its name to Olo Inc. in January 2020. Olo Inc. was incorporated in 2005 and is headquartered in New York, New York.

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OLO Stock News Headlines

May 27, 2023 | benzinga.com

OLO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Olo Inc. – OLO

May 26, 2023 | technews.tmcnet.com

OLO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Olo Inc. - OLO

May 29, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

May 20, 2023 | americanbankingnews.com

OLO (NYSE:OLO) Research Coverage Started at StockNews.com

May 19, 2023 | americanbankingnews.com

OLO (NYSE:OLO) Shares Gap Down to $7.24

May 16, 2023 | marketwatch.com

2023-2030, Global Order Takeaway Online Market | Top Key-Players in the Market are - Dunkin Donuts, Just Eat, KFC, OLO, Takeaway

May 16, 2023 | marketwatch.com

SHAREHOLDER ALERT: Weiss Law Investigates Olo Inc.

May 15, 2023 | marketwatch.com

Belgium Plans to Syndicate New June 2043 Government Bond

May 29, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Software" to Revolutionize Warfare

This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>

May 12, 2023 | americanbankingnews.com

Olo Inc. (NYSE:OLO) Receives Average Recommendation of "Hold" from Brokerages

May 12, 2023 | markets.businessinsider.com

Olo (OLO) Receives a Buy from RBC Capital

May 11, 2023 | finance.yahoo.com

Best Stocks to Buy Now -- CEO Interview -- Olo Stock Analysis

May 11, 2023 | americanbankingnews.com

OLO (NYSE:OLO) Price Target Lowered to $9.00 at Stifel Nicolaus

May 10, 2023 | theglobeandmail.com

Olo (NYSE:OLO) Posts Better-Than-Expected Sales In Q1, Stock Soars

May 10, 2023 | finance.yahoo.com

Q1 2023 Olo Inc Earnings Call

May 9, 2023 | seekingalpha.com

Olo Inc. (OLO) Q1 2023 Earnings Call Transcript

May 9, 2023 | finance.yahoo.com

Olo Announces First Quarter 2023 Financial Results

May 8, 2023 | marketwatch.com

Electric Jetboards Market in-detailed Competitor Analysis Forecast to 2023-2030

May 7, 2023 | americanbankingnews.com

OLO (OLO) Scheduled to Post Earnings on Tuesday

May 3, 2023 | finance.yahoo.com

Is It Too Late To Consider Buying Olo Inc. (NYSE:OLO)?

April 19, 2023 | technews.tmcnet.com

Olo Alert: Shareholder Class Action Survives Motion to Dismiss; Should Management be Held Accountable for Shareholder Losses? Contact Johnson Fistel

April 15, 2023 | americanbankingnews.com

Analysts Set Olo Inc. (NYSE:OLO) Target Price at $11.58

April 14, 2023 | marketwatch.com

Grabar Law Office Investigates Claims on Behalf of Shareholders of Olo Inc. (OLO) as Securities Fraud Case Survives Motion to Dismiss

April 14, 2023 | benzinga.com

Olo Inc. (OLO) Shareholder Investigation: Robbins LLP is Investigating Olo Inc. on Behalf of Shareholders

April 6, 2023 | americanbankingnews.com

OLO (NYSE:OLO) Sees Large Volume Increase

April 5, 2023 | finance.yahoo.com

Denny’s Partners with Sparkfly and Olo to Launch Next-Generation Customer Engagement Ecosystem

March 31, 2023 | seekingalpha.com

Olo Has Passed Its Easy Growth Cycle

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30 days | 90 days | 365 days | Advanced Chart

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OLO Company Calendar

Last Earnings: 11/09/2021
Today: 5/29/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:OLO
CUSIP: N/A
CIK: 1431695
Web: www.olo.com
Phone: 212-260-0895
Fax: N/A
Employees: 639
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.58
High Stock Price Forecast: $21.00
Low Stock Price Forecast: $8.50
Forecasted Upside/Downside: +75.8%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.29)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-45,970,000.00
Net Margins: -24.71%
Pretax Margin: -24.68%
Return on Equity: -4.63%
Return on Assets: -4.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.20
Quick Ratio: 7.20

Sales & Book Value

Annual Sales: $185.40 million
Price / Sales: 5.76
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.29 per share
Price / Book: 1.54

Miscellaneous

Outstanding Shares: 161,990,000
Free Float: 98,616,000
Market Cap: $1.07 billion
Optionable: Not Optionable
Beta: 1.20

Key Executives

Mr. Noah Herbert Glass (Age 41)
Founder, CEO & Director
Comp: $3.08M

Mr. Peter J. Benevides (Age 42)
Chief Financial Officer
Comp: $426.04k

Mr. Marty D. Hahnfeld (Age 55)
Advisor
Comp: $991.5k

Ms. Nithya B. Das (Age 42)
COO & Chief Legal Officer

Mr. Scott Lamb
VP of Account Management

Mr. Andrew J. Murray (Age 42)
Chief Technology Officer

Mr. Matthew J. Tucker (Age 57)
Advisor

Mr. Diego Panama
Chief Revenue Officer

Ms. Priya Thinagar
Exec. VP of Technology

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OLO Stock - Frequently Asked Questions

Should I buy or sell OLO stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OLO in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OLO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLO, but not buy additional shares or sell existing shares.
View OLO analyst ratings or view top-rated stocks.
What is OLO's stock price forecast for 2023?: 5 brokerages have issued 1-year price targets for OLO's shares. Their OLO share price forecasts range from $8.50 to $21.00. On average, they expect the company's stock price to reach $11.58 in the next twelve months. This suggests a possible upside of 75.8% from the stock's current price.
View analysts price targets for OLO or view top-rated stocks among Wall Street analysts.
How have OLO shares performed in 2023?: OLO's stock was trading at $6.25 at the beginning of 2023. Since then, OLO shares have increased by 5.4% and is now trading at $6.59.
View the best growth stocks for 2023 here.
When is OLO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our OLO earnings forecast.
How were OLO's earnings last quarter?: Olo Inc. (NYSE:OLO) announced its earnings results on Tuesday, November, 9th. The company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. The business had revenue of $37.39 million for the quarter, compared to the consensus estimate of $36.33 million. OLO had a negative trailing twelve-month return on equity of 4.63% and a negative net margin of 24.71%.
What ETFs hold OLO's stock?: ETFs with the largest weight of OLO (NYSE:OLO) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), SPDR FactSet Innovative Technology ETF (XITK).SPDR S&P Software & Services ETF (XSW),
What guidance has OLO issued on next quarter's earnings?: OLO updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $53.00 million-$53.50 million, compared to the consensus revenue estimate of $51.52 million.

When did OLO IPO?: (OLO) raised $306 million in an initial public offering (IPO) on Wednesday, March 17th 2021. The company issued 18,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan and RBC Capital Markets acted as the underwriters for the IPO and Piper Sandler, The Raine Group, Stifel, Truist Securities and William Blair were co-managers.
What is OLO's stock symbol?: OLO trades on the New York Stock Exchange (NYSE) under the ticker symbol "OLO."
Who are OLO's major shareholders?: OLO's stock is owned by a number of retail and institutional investors. Top institutional investors include Brown Capital Management LLC (9.23%), Kayne Anderson Rudnick Investment Management LLC (7.35%), BlackRock Inc. (4.09%), Wellington Management Group LLP (3.40%), Allspring Global Investments Holdings LLC (1.91%) and New York State Common Retirement Fund (1.53%). Insiders that own company stock include Andrew J Murray, Daniel Harris Meyer, Deanne Rhynard, Diego Panama, James D Iv Robinson, Marty D Hahnfeld, Matthew J Tucker, Nithya B Das, Noah H Glass, Peter J Benevides, Peter J Benevides and Robert Morvillo.
View institutional ownership trends.
How do I buy shares of OLO?: Shares of OLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is OLO's stock price today?: One share of OLO stock can currently be purchased for approximately $6.59.
How much money does OLO make?: OLO (NYSE:OLO) has a market capitalization of $1.07 billion and generates $185.40 million in revenue each year. The company earns $-45,970,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis.
How many employees does OLO have?: The company employs 639 workers across the globe.
How can I contact OLO?: OLO's mailing address is 285 FULTON STREET ONE WORLD TRADE CENTER 82ND FLOOR, NEW YORK NY, 10007. The official website for the company is www.olo.com. The company can be reached via phone at 212-260-0895 or via email at investorrelations@olo.com.

This page (NYSE:OLO) was last updated on 5/29/2023 by MarketBeat.com Staff

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