In today’s recent session, 2.07 million shares of the Olo Inc (NYSE:OLO) have been traded, and its beta is 1.56. Most recently the company’s share price was $10.14, and it changed around $0.01 or 0.10% from the last close, which brings the market valuation of the company to $1.72B. OLO at last check was trading at a discount to its 52-week high of $10.14, offering almost 0.0% off that amount. The share price’s 52-week low was $4.20, which indicates that the recent value has risen by an impressive 58.58% since then. We note from Olo Inc’s average daily trading volume that its 10-day average is 6.97 million shares, with the 3-month average coming to 2.41 million.
Olo Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.71. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended OLO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Olo Inc is expected to report earnings per share of 0.08 for the current quarter.
Olo Inc (NYSE:OLO) trade information
Instantly OLO has been showing a green trend so far today with a performance of 0.10% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 136.92% year-to-date, but still up 13.93% over the last five days. On the other hand, Olo Inc (NYSE:OLO) is 14.97% up in the 30-day period. We can see from the shorts that 4.16 million shares have been sold at a short interest cover period of 2.87 day(s).
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to decrease their stock price by -12.67% from its current value. Analyst projections state that OLO is forecast to be at a low of $9 and a high of $9.
Olo Inc (OLO) estimates and forecasts
The year-over-year growth rate is expected to be 19.05%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 82.23M in revenue for the current quarter. 7 analysts expect Olo Inc to make 85.7M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 70.5M and 71.85M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 16.63%. Forecasts for the next quarter put sales growth at 19.27%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 37.38%. Olo Inc earnings are expected to increase by 37.88% in 2025, but the outlook is positive 33.21% per year for the next five years.
OLO Dividends
Olo Inc’s next quarterly earnings report is expected to be released on 2025-May-08.
Olo Inc (NYSE:OLO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.55% of Olo Inc shares, and 90.32% of them are in the hands of institutional investors. The stock currently has a share float of 92.68%. Olo Inc stock is held by 282.0 institutions, with RAINE CAPITAL LLC being the largest institutional investor. By 2024-06-30, it held 19.9882% of the shares, which is about 32.22 million shares worth $142.41 million.
VANGUARD GROUP INC, with 8.4519% or 13.62 million shares worth $60.22 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.33 shares worth $33.65 million, making up 2.85% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 2.75 shares worth around $27.76 million, which represents about 2.35% of the total shares outstanding.
