Previous close | 31.58 |
Open | 32.08 |
Bid | 32.15 x 800 |
Ask | 32.60 x 800 |
Day's range | 31.22 - 32.58 |
52-week range | 24.82 - 111.28 |
Volume | |
Avg. volume | 1,854,366 |
Market cap | 1.38B |
Beta (5Y monthly) | 3.87 |
PE ratio (TTM) | 4.04 |
EPS (TTM) | 7.99 |
Earnings date | 27 Jul 2022 - 01 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 80.33 |
Shares of retailers Macy's (NYSE: M), Ulta Beauty (NASDAQ: ULTA), and Overstock.com (NASDAQ: OSTK) fell hard this week, down 18.4%, 15.5%, and 16.5% on the week, respectively, as of 1:38 p.m. ET today. None of these three stocks reported significant company-specific news this week, but bad earnings reports and outlooks from big-box retail bellwethers Walmart and Target decimated any and all retail names, these three included. This week, Walmart and Target both reported so-so revenue growth, but plummeting operating margins spooked investors.
Overstock (NASDAQ: OSTK) shareholders lost ground to a declining market this week as the stock fell 8% through Thursday trading compared to a 2% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. Overstock saw a 26% decline in active customers, plunging order values, and declining order counts per customers. While each of these metrics had been elevated last year by pandemic-related shopping behavior changes, it was still jarring to see Overstock endure a 33% decrease in order volumes through late March.
Overstock.com's (OSTK) first-quarter 2022 results suffer from weakness in the home-furnishing market despite an expanding mobile clientele.