NasdaqGM:OSTK

Stock Analysis Report

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Executive Summary

Overstock.com, Inc. operates as an online retailer in the United States and internationally. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Overstock.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OSTK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-22.0%

OSTK

-1.1%

US Online Retail

-5.3%

US Market


1 Year Return

444.1%

OSTK

73.9%

US Online Retail

10.4%

US Market

Return vs Industry: OSTK exceeded the US Online Retail industry which returned 77% over the past year.

Return vs Market: OSTK exceeded the US Market which returned 12% over the past year.


Shareholder returns

OSTKIndustryMarket
7 Day-22.0%-1.1%-5.3%
30 Day-33.1%3.4%-2.1%
90 Day-25.8%7.4%1.7%
1 Year444.1%444.1%74.0%73.9%12.9%10.4%
3 Year25.9%25.9%113.5%113.3%34.3%25.4%
5 Year217.7%217.7%264.9%264.2%73.7%54.3%

Price Volatility Vs. Market

How volatile is Overstock.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Overstock.com undervalued compared to its fair value and its price relative to the market?

34.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OSTK ($56.1) is trading below our estimate of fair value ($86.24)

Significantly Below Fair Value: OSTK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OSTK is poor value based on its PE Ratio (126.2x) compared to the US Online Retail industry average (31.7x).

PE vs Market: OSTK is poor value based on its PE Ratio (126.2x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: OSTK is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: OSTK is overvalued based on its PB Ratio (6.7x) compared to the US Online Retail industry average (4.5x).


Next Steps

Future Growth

How is Overstock.com forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

70.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OSTK's forecast earnings growth (70% per year) is above the savings rate (2.2%).

Earnings vs Market: OSTK's earnings (70% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OSTK's revenue (11% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: OSTK's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if OSTK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Overstock.com performed over the past 5 years?

-35.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OSTK has a large one-off loss of $7.4M impacting its September 30 2020 financial results.

Growing Profit Margin: OSTK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OSTK has become profitable over the past 5 years, growing earnings by -35% per year.

Accelerating Growth: OSTK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: OSTK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (27.7%).


Return on Equity

High ROE: OSTK's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Overstock.com's financial position?


Financial Position Analysis

Short Term Liabilities: OSTK's short term assets ($595.6M) exceed its short term liabilities ($353.9M).

Long Term Liabilities: OSTK's short term assets ($595.6M) exceed its long term liabilities ($69.8M).


Debt to Equity History and Analysis

Debt Level: OSTK's debt to equity ratio (10.1%) is considered satisfactory.

Reducing Debt: OSTK's debt to equity ratio has increased from 0.5% to 10.1% over the past 5 years.

Debt Coverage: OSTK's debt is well covered by operating cash flow (489.4%).

Interest Coverage: OSTK earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Overstock.com current dividend yield, its reliability and sustainability?

0.29%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate OSTK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OSTK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if OSTK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OSTK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OSTK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

Jonathan Johnson (54 yo)

1.17yrs

Tenure

US$2,535,559

Compensation

Mr. Jonathan E. Johnson, III, serves as Chief Executive Officer of Overstock.com, Inc. since September 23, 2019. Mr. Johnson was the Interim Chief Executive Officer of Overstock.com, Inc. from August 22, 2 ...


CEO Compensation Analysis

Compensation vs Market: Jonathan's total compensation ($USD2.54M) is below average for companies of similar size in the US market ($USD4.53M).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Johnson
CEO & Director1.17yrsUS$2.54m0.20%
$ 4.8m
David Nielsen
President of Retailno dataUS$781.48k0.020%
$ 487.4k
Robert Hughes
President of Medici Land Governanceno dataUS$374.32k0.12%
$ 2.8m
Adrianne Lee
Chief Financial Officer0.58yrno datano data
Ronald Hilton
Chief Sourcing & Operations Officerno datano data0.025%
$ 602.6k
Anthony Strong
Principal Financial & Accounting Officer0.58yrno data0.022%
$ 517.6k
Joel Weight
Chief Technology Officer0.58yrno data0%
$ 0
Carter Lee
Chief Administrative Officer & Acting CMO2.75yrsno data0.043%
$ 1.0m
Alexis Callahan
Director of Investor Relationsno datano datano data
Eric Nickle
VP of Legalno datano data0.019%
$ 445.9k
Meghan Tuohig
Chief People Officerno datano data0.014%
$ 347.6k
Krista Mathews
Chief Customer Officer1.75yrsno data0.0021%
$ 49.4k

0.9yrs

Average Tenure

49yo

Average Age

Experienced Management: OSTK's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jonathan Johnson
CEO & Director1.17yrsUS$2.54m0.20%
$ 4.8m
Allison Abraham
Independent Chairwoman of the Board3.42yrsUS$267.81k0.20%
$ 4.7m
Barclay Corbus
Independent Director13.58yrsUS$192.81k0.11%
$ 2.7m
Joseph Tabacco
Independent Director13.25yrsUS$192.81k0.31%
$ 7.3m
Barbara Messing
Independent Director0.17yrno datano data
William Nettles
Independent Director0.25yrno datano data
Robert Shapiro
Independent Director0.58yrno data0.0070%
$ 168.4k

3.4yrs

Average Tenure

55.5yo

Average Age

Experienced Board: OSTK's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: OSTK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.2%.


Top Shareholders

Company Information

Overstock.com, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Overstock.com, Inc.
  • Ticker: OSTK
  • Exchange: NasdaqGM
  • Founded: 1997
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$2.399b
  • Shares outstanding: 42.76m
  • Website: https://www.overstock.com

Number of Employees


Location

  • Overstock.com, Inc.
  • 799 West Coliseum Way
  • Midvale
  • Utah
  • 84047
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OSTKNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMay 2002
OVERDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2002
0KDULSE (London Stock Exchange)YesCommon StockGBUSDMay 2002
OSTB.POTCPK (Pink Sheets LLC)PFD VTG SER BUSUSDFeb 2017
OSTK.OOTCPK (Pink Sheets LLC)PFD DG VTG A 1USUSDOct 2019

Biography

Overstock.com, Inc. operates as an online retailer in the United States and internationally. It operates through Retail, tZERO, and Medici Ventures segments. The company offers furniture; and home décor, i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:45
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.