Understanding the Recent Fluctuations of Ollies Bargain Outlet Holdings Inc’s (OLLI) Stock

The stock of Ollies Bargain Outlet Holdings Inc (OLLI) has seen a -10.05% decrease in the past week, with a -11.10% drop in the past month, and a -8.89% decrease in the past quarter. The volatility ratio for the week is 3.64%, and the volatility levels for the past 30 days are at 3.36% for OLLI. The simple moving average for the last 20 days is -9.82% for OLLI stock, with a simple moving average of -7.17% for the last 200 days.

Is It Worth Investing in Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) Right Now?

The price-to-earnings ratio for Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) is 23.41x, which is above its average ratio. Moreover, the 36-month beta value for OLLI is 0.76. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for OLLI is 61.12M and currently, short sellers hold a 4.51% of that float. On April 04, 2024, OLLI’s average trading volume was 885.41K shares.

OLLI) stock’s latest price update

The stock of Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) has decreased by -4.16 when compared to last closing price of 71.42. Despite this, the company has experienced a -10.05% fall in its stock price over the last five trading sessions. The Motley Fool reported 2024-03-23 that Ollie’s sales and profits temporarily slumped before rebounding in 2023. The retailer is in great financial shape and has a path toward higher sales and profits.

Analysts’ Opinion of OLLI

Many brokerage firms have already submitted their reports for OLLI stocks, with Goldman repeating the rating for OLLI by listing it as a “Buy.” The predicted price for OLLI in the upcoming period, according to Goldman is $83 based on the research report published on October 17, 2023 of the previous year 2023.

JP Morgan, on the other hand, stated in their research note that they expect to see OLLI reach a price target of $66, previously predicting the price at $56. The rating they have provided for OLLI stocks is “Neutral” according to the report published on April 17th, 2023.

Citigroup gave a rating of “Sell” to OLLI, setting the target price at $49 in the report published on March 27th of the previous year.

OLLI Trading at -10.28% from the 50-Day Moving Average

After a stumble in the market that brought OLLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.88% of loss for the given period.

Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares sank -10.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.64% lower at present.

During the last 5 trading sessions, OLLI fell by -10.05%, which changed the moving average for the period of 200-days by +11.77% in comparison to the 20-day moving average, which settled at $75.52. In addition, Ollies Bargain Outlet Holdings Inc saw -9.80% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OLLI starting from SWYGERT JOHN W, who sale 11,756 shares at the price of $75.22 back on Apr 01 ’24. After this action, SWYGERT JOHN W now owns 48,200 shares of Ollies Bargain Outlet Holdings Inc, valued at $884,339 using the latest closing price.

Helm Robert F, the SVP/CFO of Ollies Bargain Outlet Holdings Inc, sale 170 shares at $78.76 during a trade that took place back on Apr 01 ’24, which means that Helm Robert F is holding 1,607 shares at $13,389 based on the most recent closing price.

Stock Fundamentals for OLLI

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.39 for the gross margin

The net margin for Ollies Bargain Outlet Holdings Inc stands at 0.09. The total capital return value is set at 0.11. Equity return is now at value 12.64, with 7.90 for asset returns.

Based on Ollies Bargain Outlet Holdings Inc (OLLI), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 2.8. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -31.4.

Currently, EBITDA for the company is 276.81 million with net debt to EBITDA at 0.86. When we switch over and look at the enterprise to sales, we see a ratio of 2.1. The receivables turnover for the company is 945.87for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.76.

Conclusion

To wrap up, the performance of Ollies Bargain Outlet Holdings Inc (OLLI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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