Alert: Negative Investment/Fundamental Signals (11/6/23)-OVERSTOCK COM INC (NASDAQ: OSTK)


OVERSTOCK COM INC (NASDAQ: OSTK). Significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.

OVERSTOCK COM INC (NASDAQ: OSTK). Significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, OSTK is expected to be Value Creation neutral.

OVERSTOCK COM INC has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. OVERSTOCK COM INC has a neutral Power Rating of 50 but a poor Appreciation Score of 26, triggering the Negative Value Trend Rating.

Recent Price Action

OVERSTOCK COM INC (NASDAQ: OSTK) stock suffered a large decline of -3.5% on 11/6/23. The stock closed at $16.20. The stock has been strong relative to the market over the last nine months and has risen 16.3% during the last week.

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