Ollies Bargain Outlet Holdings Inc [OLLI] stock prices are down -2.12% to $98.95 at the moment. 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 9.04% over the last week, with a monthly amount glided 8.86%, and 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.
The stock price of Ollies Bargain Outlet Holdings Inc [OLLI] has been fluctuating 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 $98.95 at the most recent close of the market. An investor can expect a potential drop of -18.58% based on the average OLLI price forecast.
Analyzing the OLLI fundamentals
The Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] reported sales of 2.22B for trailing twelve months, representing a surge 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 0.12. 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 97.75 points at the first support level, and at 96.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.26, and for the 2nd resistance point, it is at 103.57.
Ratios To Look Out For
It’s worth pointing out that Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI]’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 2.68, the price to book ratio is 3.82 and price to earnings (TTM) ratio is 30.07.
Transactions by insiders
Recent insider trading involved SWYGERT JOHN W, CEO, that happened on Nov 25 ’24 when 4032.0 shares were sold. Director, JOHN SWYGERT completed a deal on Nov 25 ’24 to buy 65550.0 shares. Meanwhile, EVP/CFO Helm Robert F sold 2401.0 shares on Oct 17 ’24.
