News articles about Overstock.com (NASDAQ:OSTK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Overstock.com earned a news impact score of 0.11 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.6643520706458 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Overstock.com, Inc. (OSTK) Receives Average Recommendation of “Strong Buy” from Analysts (americanbankingnews.com)
- Overstock.com, Inc. (OSTK) Issues Earnings Results (americanbankingnews.com)
- Edited Transcript of OSTK earnings conference call or presentation 3-Aug-17 8:30pm GMT (finance.yahoo.com)
- Overstock.com Reports Q2 2017 Results (finance.yahoo.com)
- ETFs with exposure to Overstock.com, Inc. : August 4, 2017 (finance.yahoo.com)
Overstock.com (OSTK) traded up 6.69% during midday trading on Friday, reaching $17.55. 722,220 shares of the company traded hands. The firm’s 50 day moving average price is $16.23 and its 200 day moving average price is $16.58. The firm’s market capitalization is $438.75 million. Overstock.com has a 12 month low of $13.05 and a 12 month high of $20.50.
Overstock.com (NASDAQ:OSTK) last posted its quarterly earnings data on Thursday, August 3rd. The company reported ($0.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.32. The company had revenue of $432.02 million during the quarter. Overstock.com had a negative return on equity of 17.66% and a negative net margin of 1.79%. On average, analysts expect that Overstock.com will post ($0.17) earnings per share for the current year.
Several equities analysts have recently commented on OSTK shares. Maxim Group reaffirmed a “buy” rating and set a $25.00 price target on shares of Overstock.com in a research report on Tuesday, May 2nd. TheStreet lowered shares of Overstock.com from a “c” rating to a “d+” rating in a research note on Friday, May 26th.
ILLEGAL ACTIVITY WARNING: This article was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://stocknewstimes.com/2017/08/06/overstock-com-ostk-earning-somewhat-positive-media-coverage-report-shows-updated.html.
In related news, SVP Brian L. Popelka sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $14.35, for a total value of $50,225.00. Following the transaction, the senior vice president now directly owns 14,682 shares in the company, valued at $210,686.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 28.90% of the stock is currently owned by corporate insiders.
Overstock.com Company Profile
Overstock.com, Inc is an online retailer and incubator of blockchain technology. Through its online retail business, the Company offers a range of price-competitive brand name, non-brand name and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods.
Receive News & Ratings for Overstock.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Overstock.com Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
