Ollies Bargain Outlet Holdings Inc [OLLI] stock is trading at $91.83, up 1.02%. 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 gain 1.19% over the last week, with a monthly amount drifted -4.42%, 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 August 26, 2024, when Gordon Haskett upgraded its rating to a Buy and also boosted its price target to $107 from $105. Previously, JP Morgan upgraded its rating to Overweight on June 17, 2024, and kept the price target unchanged to $105. Truist upgraded its rating to a Buy and increased its price target to $86 on May 03, 2024. Loop Capital upgraded its rating to a Buy and raised its price target to $90 on April 05, 2024. Goldman upgraded its rating to Buy for this stock on October 17, 2023, and upped its price target to $83. In a note dated April 17, 2023, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $56 to $66.
Ollies Bargain Outlet Holdings Inc [OLLI] stock has fluctuated between $68.05 and $104.98 over the past year. Currently, Wall Street analysts expect the stock to reach $80.57 within the next 12 months. Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] shares were valued at $91.83 at the most recent close of the market. An investor can expect a potential drop of -12.26% based on the average OLLI price forecast.
Analyzing the OLLI fundamentals
Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] reported sales of 2.22B for the trailing twelve months, which represents a growth of 12.41%. 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 90.79 points at the first support level, and at 89.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.80, and for the 2nd resistance point, it is at 93.76.
Ratios To Look Out For
For context, Ollies Bargain Outlet Holdings Inc’s Current Ratio is 3.01. Also, the Quick Ratio is 1.22, while the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 2.54, the price to book ratio is 3.54 and price to earnings (TTM) ratio is 27.90.
Transactions by insiders
Recent insider trading involved Helm Robert F, EVP/CFO, that happened on Oct 17 ’24 when 2401.0 shares were sold. Officer, ROBERT HELM completed a deal on Oct 17 ’24 to buy 2401.0 shares. Meanwhile, President van der Valk Eric sold 7479.0 shares on Sep 23 ’24.