For its second fiscal quarter (ending June 30), OVERSTOCK COM INC (NYSE: OSTK) has reported E.P.S. of $-0.93 compared to $-1.63 a year ago. E.P.S. were $-7.49 for the latest four quarters through June 30 versus $-3.01 for the same period a year ago.
Recent Price Action
On 7/29/24, OVERSTOCK COM INC (NYSE: OSTK) stock declined modestly by -1.6%, closing at $13.59. Moreover, above average trading volume at 147% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -2.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, OSTK is expected to continue to be Value Creation neutral.
OVERSTOCK COM INC has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. OVERSTOCK COM INC has a poor Appreciation Score of 21 and a very low Power Rating of 4, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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