NYSE:OLO

OLO (OLO) Stock Price, News & Analysis

$4.87
-0.07 (-1.42%)
(As of 05/17/2024 ET)
Today's Range
$4.85
$4.96
50-Day Range
$4.62
$5.62
52-Week Range
$4.25
$8.84
Volume
728,324 shs
Average Volume
992,760 shs
Market Capitalization
$788.45 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.10

OLO MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
86.9% Upside
$9.10 Price Target
Short Interest
Healthy
2.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of OLO in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$188,000 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.08) to ($0.07) Per Share

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.

3.54 out of 5 stars

Computer And Technology Sector

226th out of 596 stocks

Business Services, Not Elsewhere Classified Industry

44th out of 87 stocks

OLO stock logo

About OLO Stock (NYSE:OLO)

Olo Inc. operates an open SaaS platform for restaurants in the United States. The company's platform enables on-demand digital commerce operations, which cover digital ordering, delivery, front-of-house management, and payments. Its solutions include Order, a suite of solutions powering restaurant brands' on-demand commerce operations, enabling digital ordering, delivery, and channel management through ordering, dispatch, rails, switchboard, network, virtual brands, kiosk, catering, and sync modules; Engage, a suite of restaurant-centric marketing solutions optimizing guest lifetime value by strengthening and enhancing the restaurants' direct guest relationships, through the guest data platform, marketing, sentiment, and host modules; and Pay, a frictionless payment platform that enables restaurants to grow and protect their digital business through customer payment experience that offers advanced fraud prevention to improve authorization rates for valid transactions, and increase basket conversion through its Olo Pay module. 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.

OLO Stock Price History

OLO Stock News Headlines

Olo Inc. (NYSE:OLO) CRO Diego Panama Sells 40,000 Shares
Bank to Sell TÅ¡olo's Property
Olo to Present at Upcoming Investor Conferences
Olo Inc. (NYSE:OLO) Short Interest Update
Q1 2024 Olo Inc Earnings Call
Why Is Olo (OLO) Stock Rocketing Higher Today
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/17/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
683
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.10
High Stock Price Target
$11.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+86.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$-58,290,000.00
Pretax Margin
-19.25%

Debt

Sales & Book Value

Annual Sales
$228.29 million
Book Value
$3.99 per share

Miscellaneous

Free Float
98,562,000
Market Cap
$788.45 million
Optionable
Optionable
Beta
1.29
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OLO Stock Analysis - Frequently Asked Questions

Should I buy or sell OLO stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OLO in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OLO shares.
View OLO analyst ratings
or view top-rated stocks.

What is OLO's stock price target for 2024?

7 Wall Street analysts have issued 1-year price objectives for OLO's stock. Their OLO share price targets range from $7.50 to $11.00. On average, they expect the company's stock price to reach $9.10 in the next twelve months. This suggests a possible upside of 86.9% 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 2024?

OLO's stock was trading at $5.72 on January 1st, 2024. Since then, OLO stock has decreased by 14.9% and is now trading at $4.87.
View the best growth stocks for 2024 here
.

Are investors shorting OLO?

OLO saw a decline in short interest in April. As of April 30th, there was short interest totaling 2,400,000 shares, a decline of 14.6% from the April 15th total of 2,810,000 shares. Based on an average trading volume of 994,700 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.4% of the shares of the company are short sold.
View OLO's Short Interest
.

When is OLO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our OLO earnings forecast
.

How were OLO's earnings last quarter?

Olo Inc. (NYSE:OLO) released its quarterly earnings results on Tuesday, May, 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.00. The business earned $66.51 million during the quarter, compared to the consensus estimate of $64.22 million. OLO had a negative net margin of 19.35% and a negative trailing twelve-month return on equity of 1.56%. The business's revenue was up 27.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.06) earnings per share.

What ETF holds OLO's stock?

WisdomTree Cloud Computing Fund holds 1,582,541 shares of OLO stock, representing 1.37% of its portfolio.

What guidance has OLO issued on next quarter's earnings?

OLO issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $67.5 million-$68.0 million, compared to the consensus revenue estimate of $66.2 million.

When did OLO IPO?

OLO (OLO) raised $306 million in an initial public offering on Wednesday, March 17th 2021. The company issued 18,000,000 shares at $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.

Who are OLO's major shareholders?

OLO's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.87%), Brown Capital Management LLC (7.44%), Silvercrest Asset Management Group LLC (0.54%), Norden Group LLC (0.35%), Rice Hall James & Associates LLC (0.23%) and Los Angeles Capital Management LLC (0.19%). Insiders that own company stock include Andrew J Murray, Daniel Harris Meyer, Deanne Rhynard, Diego Panama, James D Iv Robinson, Joanna G Lambert, Marty D Hahnfeld, Matthew J Tucker, Nithya B Das, Noah H Glass, Peter J Benevides, Peter J Benevides, Robert Morvillo, Sherri Manning and Zuhairah Scott Washington.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OLO) was last updated on 5/18/2024 by MarketBeat.com Staff

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