Ollies Bargain Outlet Holdings Inc [OLLI] stock is trading at $99.86, up 1.33%. An important factor to consider is whether the stock is rising or falling in short-term value. The OLLI shares have gain 1.72% over the last week, with a monthly amount glided 11.17%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] stock has seen the most recent analyst activity on June 17, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $105 for it. On May 03, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $86 on the stock. Loop Capital upgraded its rating to a Buy and increased its price target to $90 on April 05, 2024. Goldman upgraded its rating to a Buy and raised its price target to $83 on October 17, 2023. JP Morgan upgraded its rating to Neutral for this stock on April 17, 2023, and upped its price target to $66. In a note dated March 27, 2023, Citigroup downgraded an Sell rating on this stock and revised its target price from $52 to $49.
Ollies Bargain Outlet Holdings Inc [OLLI] stock has fluctuated between $61.60 and $100.44 over the past year. Currently, Wall Street analysts expect the stock to reach $74 within the next 12 months. Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] shares were valued at $99.86 at the most recent close of the market. An investor can expect a potential drop of -25.9% based on the average OLLI price forecast.
Analyzing the OLLI fundamentals
Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] reported sales of 2.15B for the trailing twelve months, which represents a growth of 10.82%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.12%, 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 0.09, Equity is 0.13 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
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 97.23 points at the first support level, and at 94.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.68, and for the 2nd resistance point, it is at 103.51.
Ratios To Look Out For
For context, Ollies Bargain Outlet Holdings Inc’s Current Ratio is 2.83. On the other hand, the Quick Ratio is 1.13, and the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 2.84, the price to book ratio is 3.99 and price to earnings (TTM) ratio is 31.43.
Transactions by insiders
Recent insider trading involved HENDRICKSON THOMAS, Director, that happened on Jun 21 ’24 when 4500.0 shares were sold. SVP, General Counsel, Comitale James J completed a deal on Jun 17 ’24 to sell 2500.0 shares. Meanwhile, CEO SWYGERT JOHN W sold 14736.0 shares on Jun 05 ’24.
