Ocado Group (OCDO) Share Price, News & Analysis

Company Overview

Ocado Group is a UK based technology company that provides end-to-end online grocery fulfilment solutions, known as the Ocado Smart Platform, to some of the world’s largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. OSP comprises access to Ocado's physical infrastructure solutions, running highly efficient warehouse operations for the single pick of products, together with the entire end-to-end proprietary software applications required to operate a world class online grocery business. It is underpinned by Ocado's proven expertise and experience as a dedicated online grocer in the UK, with over two decades spent innovating for grocery online.

Key Stats

• Today's Range: 296.20 to 307.60
• 50-Day Range: 304.70 to 405
• 52-Week Range: 278.17 to 798.80
• Volume: 6.57 million shs
• Average Volume: 5.32 million shs
• Market Capitalization: £2.44 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: GBX 320
• Consensus Rating: Reduce

Ocado Group Stock Analysis - MarketRank™

Ocado Group scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Ocado Group has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Ocado Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ocado Group is -1,152.47, 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. Sector

The P/E ratio of Ocado Group is -1,152.47, 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 Ratio

Ocado Group has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for OCDO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ocado Group does not currently pay a dividend.

Dividend Growth

Ocado Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for OCDO.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Ocado Group has a news sentiment score of 0.34. 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 Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Ocado Group this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for OCDO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Ocado Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ocado Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £303.33 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

29.45% of the stock of Ocado Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

53.58% of the stock of Ocado Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OCDO Stock Analysis - Frequently Asked Questions

How have OCDO shares performed this year?

Ocado Group's stock was trading at GBX 758.40 on January 1st, 2024. Since then, OCDO stock has decreased by 60.5% and is now trading at GBX 299.64.
View the best growth stocks for 2024 here.

How do I buy shares of Ocado Group?

Shares of OCDO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Ocado Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ocado Group investors own include Nanoco Group (NANO), Meta Platforms (META), Lloyds Banking Group (LLOY), Tullow Oil (TLW), Glencore (GLEN), Intel (INTC) and BP (BP).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Grocery Stores
• Sub-Industry: N/A
• Current Symbol: LON:OCDO
• CUSIP: N/A
• CIK: N/A
• Web: www.ocadogroup.com
• Phone: +44-1707-227800
• Fax: N/A
• Employees: 18,869
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 320
• High Stock Price Target: GBX 380
• Low Stock Price Target: GBX 260
• Potential Upside/Downside: +7.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-216,600,000.00
• Net Margins: -7.23%
• Pretax Margin: N/A
• Return on Equity: -17.55%
• Return on Assets: -4.02%

Debt

• Debt-to-Equity Ratio: 143.47
• Current Ratio: 2.35
• Quick Ratio: 2.82

Sales & Book Value

• Annual Sales: £3 billion
• Price / Sales: 0.81
• Cash Flow: GBX 63.26 per share
• Price / Cash Flow: 4.70
• Book Value: GBX 167 per share
• Price / Book: 1.78

Miscellaneous

• Outstanding Shares: 821,270,000
• Free Float: N/A
• Market Cap: £2.44 billion
• Optionable: Not Optionable
• Beta: 1.85