OLO (OLO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $7.19 to $7.41
• 50-Day Range: $4.64 to $7.29
• 52-Week Range: $4.20 to $7.47
• Volume: 371,346 shs
• Average Volume: 1.04 million shs
• Market Capitalization: $1.21 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.50
• Consensus Rating: Buy

OLO Stock Analysis - MarketRank™

OLO scored higher than 56% of companies evaluated by MarketBeat, and ranked 403rd out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

OLO has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

OLO has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for OLO are expected to grow in the coming year, from ($0.03) to ($0.01) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OLO is -73.19, 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 OLO is -73.19, 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

OLO has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.72% of the float of OLO has been sold short.

Short Interest Ratio / Days to Cover

OLO has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OLO has recently decreased by 0.55%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

OLO does not currently pay a dividend.

Dividend Growth

OLO does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.72% of the float of OLO has been sold short.

Short Interest Ratio / Days to Cover

OLO has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OLO has recently decreased by 0.55%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.33

News Sentiment

OLO has a news sentiment score of 0.33. 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 is a lower news sentiment than the 0.78 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for OLO this week, compared to 6 articles on an average week.

Search Interest

2 people have searched for OLO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added OLO to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, OLO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $554,425.00 in company stock.

Percentage Held by Insiders

39.33% 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 Institutions

93.40% of the stock of OLO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OLO Stock Analysis - Frequently Asked Questions

How have OLO shares performed this year?

OLO's stock was trading at $5.72 on January 1st, 2024. Since then, OLO shares have increased by 28.0% and is now trading at $7.32.
View the best growth stocks for 2024 here.

How were OLO's earnings last quarter?

Olo Inc. (NYSE:OLO) posted its quarterly earnings data on Wednesday, July, 31st. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The company's revenue for the quarter was up 27.6% compared to the same quarter last year.

When did OLO IPO?

OLO (OLO) raised $306 million in an initial public offering (IPO) 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?

Top institutional shareholders of OLO include Brown Capital Management LLC (5.80%), State Street Corp (1.80%), Geode Capital Management LLC (1.51%) and Connor Clark & Lunn Investment Management Ltd. (0.87%). Insiders that own company stock include Marty D Hahnfeld, Joanna G Lambert, Diego Panama, Daniel Harris Meyer, Peter J Benevides, Noah H Glass, Sherri Manning, Robert Morvillo, Nithya B Das, James D Iv Robinson and Matthew J Tucker.
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.

What other stocks do shareholders of OLO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OLO investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 12/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:OLO
• CUSIP: N/A
• CIK: 1431695
• Web: www.olo.com
• Phone: 212-260-0895
• Fax: N/A
• Employees: 683
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.50
• High Stock Price Target: $9.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +16.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-58,290,000.00
• Net Margins: -5.89%
• Pretax Margin: -5.76%
• Return on Equity: 0.34%
• Return on Assets: 0.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.86
• Quick Ratio: 7.86

Sales & Book Value

• Annual Sales: $271.87 million
• Price / Sales: 4.41
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.07 per share
• Price / Book: 1.80

Miscellaneous

• Outstanding Shares: 163,670,000
• Free Float: 99,299,000
• Market Cap: $1.20 billion
• Optionable: Optionable
• Beta: 1.26