NYSE:OLO OLO (OLO) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free OLO Stock Alerts $4.62 -0.13 (-2.74%) (As of 05/10/2024 08:55 PM ET) Add Compare Share Share Today's Range$4.58▼$4.8050-Day Range$4.62▼$6.0452-Week Range$4.25▼$8.84Volume900,200 shsAverage Volume972,033 shsMarket Capitalization$747.98 millionP/E RatioN/ADividend YieldN/APrice Target$9.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get OLO alerts: Email Address OLO MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside97.0% Upside$9.10 Price TargetShort InterestHealthy2.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.54Based on 19 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.10) to ($0.09) Per ShareSee Full Details Hide Full Details 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.3.33 out of 5 starsComputer And Technology Sector262nd out of 601 stocksBusiness Services, Not Elsewhere Classified Industry47th out of 92 stocks 3.3 Analyst's Opinion Consensus RatingOLO has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageOLO has only been the subject of 1 research reports in the past 90 days.Read more about OLO's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.38% of the float of OLO has been sold short.Short Interest Ratio / Days to CoverOLO has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in OLO has recently decreased by 14.59%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldOLO does not currently pay a dividend.Dividend GrowthOLO does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OLO. Previous Next 2.5 News and Social Media Coverage News SentimentOLO has a news sentiment score of 0.54. 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 WeekMarketBeat has tracked 19 news articles for OLO this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for OLO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added OLO to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OLO insiders have not sold or bought any company stock.Percentage Held by Insiders39.12% 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 Institutions93.40% of the stock of OLO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about OLO's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for OLO are expected to grow in the coming year, from ($0.10) to ($0.09) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OLO is -15.93, 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. SectorThe P/E ratio of OLO is -15.93, 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 RatioOLO has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about OLO's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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.Read More OLO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OLO Stock News HeadlinesMay 9, 2024 | seekingalpha.comOlo: Turning Positive On Beat-And-Raise Quarter (Rating Upgrade)May 9, 2024 | investorplace.comIMOS Stock Earnings: ChipMOS TECHNOLOGIES Reported Results for Q1 2024May 13, 2024 | Weiss Ratings (Ad)[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?May 8, 2024 | finance.yahoo.comQ1 2024 Olo Inc Earnings CallMay 8, 2024 | finance.yahoo.comWhy Is Olo (OLO) Stock Rocketing Higher TodayMay 8, 2024 | finance.yahoo.comOlo Inc. (NYSE:OLO) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comOlo Inc (OLO) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and Strategic AdvancesMay 7, 2024 | investorplace.comOLO Stock Earnings: Olo Beats EPS, Beats Revenue for Q1 2024May 13, 2024 | Weiss Ratings (Ad)[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?May 7, 2024 | seekingalpha.comOlo Inc. 2024 Q1 - Results - Earnings Call PresentationMay 7, 2024 | finance.yahoo.comOlo's (NYSE:OLO) Q1: Beats On Revenue, Stock SoarsMay 7, 2024 | businesswire.comDutch Bros Partners with Olo to Offer Mobile App Ordering and PaymentMay 7, 2024 | businesswire.comOlo Announces First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comOlo A is about to announce earnings — here's what Wall Street expectsMay 6, 2024 | finance.yahoo.comOlo (OLO) To Report Earnings Tomorrow: Here Is What To ExpectMay 5, 2024 | americanbankingnews.comOLO (OLO) Scheduled to Post Quarterly Earnings on TuesdayMay 3, 2024 | msn.comJohn Mayer, RHCP's Chad Smith, and more honor Sammy Hagar at Hollywood Walk of FameMay 2, 2024 | businesswire.comNCR Voyix and Olo Expand Long-Standing Partnership to Satisfy Restaurants' Guest Data NeedsMay 1, 2024 | msn.comKuria Kimani: Why TikTok Should Stay, According to Molo MPApril 28, 2024 | msn.comSolo Ntsizwa’s age revealed on his birthdayApril 26, 2024 | msn.comStunning Photos of the Tallest Waterfall in Every StateApril 22, 2024 | businesswire.comOlo Announces Date of First Quarter Fiscal Year 2024 Earnings CallApril 19, 2024 | bizjournals.comAnti-drone defense tech startup Allen Control Systems raises $12MApril 18, 2024 | msn.comThree good-looking new locals for a low-key luxe night outApril 18, 2024 | investorplace.com7 Small-Cap Gems Under $10 Primed for 1,000% GrowthApril 17, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Olo (OLO)April 17, 2024 | finance.yahoo.comAt US$4.84, Is It Time To Put Olo Inc. (NYSE:OLO) On Your Watch List?See More Headlines Receive OLO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OLO and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/12/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:OLO CUSIPN/A CIK1431695 Webwww.olo.com Phone212-260-0895FaxN/AEmployees683Year FoundedN/APrice Target and Rating Average Stock Price Target$9.10 High Stock Price Target$11.00 Low Stock Price Target$7.50 Potential Upside/Downside+97.0%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.29) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-58,290,000.00 Net Margins-19.35% Pretax Margin-19.25% Return on Equity-1.56% Return on Assets-1.38% Debt Debt-to-Equity RatioN/A Current Ratio5.92 Quick Ratio5.84 Sales & Book Value Annual Sales$228.29 million Price / Sales3.28 Cash FlowN/A Price / Cash FlowN/A Book Value$3.99 per share Price / Book1.16Miscellaneous Outstanding Shares161,900,000Free Float98,562,000Market Cap$747.98 million OptionableOptionable Beta1.29 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Noah Herbert Glass (Age 42)Founder, CEO & Director Comp: $1.03MMr. Peter J. Benevides (Age 43)Chief Financial Officer Comp: $681.97kKey CompetitorsRadwareNASDAQ:RDWRi3 VerticalsNASDAQ:IIIVCass Information SystemsNASDAQ:CASSRiskifiedNYSE:RSKDQuinStreetNASDAQ:QNSTView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 319,544 shares on 5/10/2024Ownership: 7.869%State Board of Administration of Florida Retirement SystemSold 13,860 shares on 5/9/2024Ownership: 0.010%Sei Investments Co.Sold 6,235 shares on 5/7/2024Ownership: 0.158%Susquehanna Fundamental Investments LLCBought 189,051 shares on 5/7/2024Ownership: 0.117%Daiwa Securities Group Inc.Sold 45,000 shares on 5/2/2024Ownership: 0.108%View All Insider TransactionsView All Institutional Transactions 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 anticipate the company's share price to reach $9.10 in the next year. This suggests a possible upside of 97.0% 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 at the beginning of 2024. Since then, OLO stock has decreased by 19.2% and is now trading at $4.62. View the best growth stocks for 2024 here. Are investors shorting OLO? OLO saw a drop in short interest in April. As of April 30th, there was short interest totaling 2,400,000 shares, a drop of 14.6% from the April 15th total of 2,810,000 shares. Based on an average daily trading volume, of 994,700 shares, the short-interest ratio is presently 2.4 days. Approximately 2.4% of the shares of the stock 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) announced its quarterly earnings results on Tuesday, May, 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.00. The company had revenue of $66.51 million for 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 firm's revenue was up 27.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.06) EPS. 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 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. Who are OLO's major shareholders? OLO's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.87%), Norden Group LLC (0.35%), Rice Hall James & Associates LLC (0.23%), Los Angeles Capital Management LLC (0.19%), Sei Investments Co. (0.16%) and Conestoga Capital Advisors LLC (0.15%). 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 5/13/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorHe Is Giving Away BitcoinCrypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressElon’s New Device is About to Shock the WorldInvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Olo Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
