Wall Street is positive on Overstock.com Inc (OSTK). On average, analysts give Overstock.com Inc a Strong Buy rating. The average price target is $102.6, which means analysts expect the stock to rise by 50.18% over the next twelve months.
That average ranking earns Overstock.com Inc an Analyst Rating of 57, which is better than 57% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Overstock.com Inc Stock Today?
Overstock.com Inc (OSTK) stock has risen 7.13% while the S&P 500 is lower by -0.31% as of 11:31 AM on Friday, Jan 22. OSTK has gained $4.55 from the previous closing price of $63.77 on volume of 1,845,645 shares. Over the past year the S&P 500 has risen 15.50% while OSTK has gained 725.12%. OSTK earned $0.24 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 288.14.
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