Olo Inc. (NYSE:OLO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $9.10.
OLO has been the subject of a number of research reports. Piper Sandler increased their target price on shares of OLO from $7.00 to $8.00 and gave the stock an “overweight” rating in a report on Thursday, February 22nd. Lake Street Capital began coverage on shares of OLO in a report on Friday, December 15th. They set a “buy” rating and a $7.50 price target for the company.
Check Out Our Latest Research Report on OLO
Institutional Investors Weigh In On OLO
OLO Stock Down 0.4 %
NYSE OLO opened at $5.24 on Wednesday. The firm’s 50 day moving average is $5.54 and its 200-day moving average is $5.53. The company has a market capitalization of $848.36 million, a PE ratio of -14.56 and a beta of 1.29. OLO has a 12-month low of $4.25 and a 12-month high of $8.84.
OLO (NYSE:OLO – Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.05 EPS for the quarter, hitting analysts’ consensus estimates of $0.05. OLO had a negative net margin of 25.53% and a negative return on equity of 2.96%. The business had revenue of $63.00 million for the quarter, compared to analyst estimates of $58.91 million. During the same quarter in the previous year, the firm posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 26.5% on a year-over-year basis. As a group, sell-side analysts expect that OLO will post -0.1 EPS for the current year.
OLO Company Profile
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.
Recommended Stories
- Five stocks we like better than OLO
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- 3 Stocks With Unusual Call Option Activity
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Trump Media & Technology Group Soars on Market Debut
- How Can Investors Benefit From After-Hours Trading
- 3 Stocks Insiders Are Buying That Analysts Love
Receive News & Ratings for OLO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OLO and related companies with MarketBeat.com's FREE daily email newsletter.