At the time of writing, Ollies Bargain Outlet Holdings Inc [OLLI] stock is trading at $113.66, up 6.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The OLLI shares have gain 12.26% over the last week, with a monthly amount drifted -1.11%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] stock has seen the most recent analyst activity on December 18, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $133 from $64. Previously, Wells Fargo downgraded its rating to Equal Weight on December 03, 2024, and dropped its price target to $95. On August 26, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $107 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $105 on June 17, 2024. Truist upgraded its rating to Buy for this stock on May 03, 2024, and upped its price target to $86. In a note dated April 05, 2024, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $80 to $90.
For the past year, the stock price of Ollies Bargain Outlet Holdings Inc fluctuated between $68.05 and $120.03. Currently, Wall Street analysts expect the stock to reach $112 within the next 12 months. Ollies Bargain Outlet Holdings Inc [NASDAQ: OLLI] shares were valued at $113.66 at the most recent close of the market. An investor can expect a potential drop of -1.46% 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 2.25B for trailing twelve months, which represents an 7.79% jump. Gross Profit Margin for this corporation currently stands at 0.4% 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 0.08, 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 of0.34.
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 109.91 points at the first support level, and at 106.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.59, and for the 2nd resistance point, it is at 117.51.
Ratios To Look Out For
It is important to note that Ollies Bargain Outlet Holdings Inc [NASDAQ:OLLI] has a current ratio of 2.91. On the other hand, the Quick Ratio is 1.00, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 3.09, the price to book ratio is 4.31 and price to earnings (TTM) ratio is 33.83.
Transactions by insiders
Recent insider trading involved HENDRICKSON THOMAS, Director, that happened on Dec 16 ’24 when 6250.0 shares were sold. SVP, CIO, Kraus Larry completed a deal on Dec 16 ’24 to sell 10646.0 shares. Meanwhile, Director THOMAS T HENDRICKS bought 6250.0 shares on Dec 16 ’24.
