Company Profile:

Overstock.com, Inc. operates as an online retailer in the United States. The Company operates through two segments: direct business and partner business. Its direct business includes sales made to individual consumers and businesses. For the Company’s partner business, it sells merchandise from manufacturers, distributors and other suppliers. The Company also sells books, magazines, compact discs (CDs), digital versatile discs (DVDs) and video games under books, movies, music and games (BMMG) category. It sells these products through its Internet Websites located at www.overstock.com, www.o.co and www.o.biz. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is based in Midvale, Utah.

Recent News:

Shares of Overstock.com Inc. climbed 41.7%in 2016,according to data provided byS&P Global Market Intelligence Opens a New Window. , as the internet retailer impressed the market with upbeat quarterly results and progress in both its retail and blockchain businesses.

Overstock.com, Inc. reports revenues of USD 526.18 million, net Earnings of USD 3.10 million for the quarter ended December 31, 2016.

On March 31, 2017, the company publicly urged Colorado legislators to pass an anti-tattletale tax bill to avoid a public outcry if online retailers are forced to report Colorado citizens’ private online transactions to the state.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

OSTK’s strengths can be seen in its strong growth, better solvency and better efficiency compared with its peers. Its revenue has increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator, RSI stands at 45.85 with positive bias. We rate Overstock.com, Inc. (OSTK) a STRONG BUY.