At the time of writing, Ollies Bargain Outlet Holdings Inc [OLLI] stock is trading at $72.41, up 1.24%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OLLI shares have lost -0.77% over the last week, with a monthly amount drifted -3.00%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] stock has seen the most recent analyst activity on April 05, 2024, when Loop Capital upgraded its rating to a Buy and also boosted its price target to $90 from $80. Previously, Goldman upgraded its rating to Buy on October 17, 2023, and elevated its price target to $83. On April 17, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $66 on the stock. Citigroup downgraded its rating to a Sell and decreased its price target to $49 on March 27, 2023. Gordon Haskett downgraded its rating to a Accumulate but $53 remained the price target by the analyst firm on December 08, 2022. Gordon Haskett started tracking with a Buy rating for this stock on October 24, 2022, and assigned it a price target of $60. In a note dated June 27, 2022, Goldman upgraded an Neutral rating on this stock and boosted its target price from $37 to $57.
For the past year, the stock price of Ollies Bargain Outlet Holdings Inc fluctuated between $52.93 and $84.38. Currently, Wall Street analysts expect the stock to reach $67.69 within the next 12 months. Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] shares were valued at $72.41 at the most recent close of the market. An investor can expect a potential drop of -6.52% based on the average OLLI price forecast.
Analyzing the OLLI fundamentals
According to Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI], the company’s sales were 2.10B for trailing twelve months, which represents an 18.04% jump. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.13 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.16 points at the first support level, and at 69.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.16, and for the 2nd resistance point, it is at 75.92.
Ratios To Look Out For
It is important to note that Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] has a current ratio of 2.76. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.84. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 2.95 and price to earnings (TTM) ratio is 24.76.
Transactions by insiders
Recent insider trading involved SWYGERT JOHN W, President, CEO, that happened on Apr 01 ’24 when 11756.0 shares were sold. SVP/CFO, Helm Robert F completed a deal on Apr 01 ’24 to sell 170.0 shares. Meanwhile, VP, CIO Kraus Larry sold 2928.0 shares on Mar 26 ’24.
