Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) has experienced a decline in its stock price by -2.08 compared to its previous closing price of 100.76. However, the company has seen a gain of 0.87% in its stock price over the last five trading days. zacks.com reported 2024-09-23 that Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
Is It Worth Investing in Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) Right Now?
Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) has a price-to-earnings ratio that is above its average at 29.98x. The stock has a 36-month beta value of 0.84. Opinions on the stock are mixed, 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 61.18M, and at present, short sellers hold a 5.35% of that float. On September 27, 2024, the average trading volume of OLLI was 1.10M shares.
OLLI’s Market Performance
OLLI’s stock has seen a 0.87% increase for the week, with a 3.82% rise in the past month and a 0.33% gain in the past quarter. The volatility ratio for the week is 2.70%, and the volatility levels for the past 30 days are at 3.29% for Ollies Bargain Outlet Holdings Inc. The simple moving average for the past 20 days is 3.87% for OLLI’s stock, with a 18.95% simple moving average for the past 200 days.
Analysts’ Opinion of OLLI
Many brokerage firms have already submitted their reports for OLLI stocks, with Gordon Haskett repeating the rating for OLLI by listing it as a “Buy.” The predicted price for OLLI in the upcoming period, according to Gordon Haskett is $107 based on the research report published on August 26, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see OLLI reach a price target of $105. The rating they have provided for OLLI stocks is “Overweight” according to the report published on June 17th, 2024.
BofA Securities gave a rating of “Buy” to OLLI, setting the target price at $92 in the report published on May 06th of the current year.
OLLI Trading at 3.24% 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 -6.02% of loss for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares surge +4.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.75% lower at present.
During the last 5 trading sessions, OLLI rose by +0.87%, which changed the moving average for the period of 200-days by +36.65% in comparison to the 20-day moving average, which settled at $95.21. In addition, Ollies Bargain Outlet Holdings Inc saw 30.00% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OLLI starting from van der Valk Eric, who sale 7,479 shares at the price of $100.32 back on Sep 23 ’24. After this action, van der Valk Eric now owns 5,615 shares of Ollies Bargain Outlet Holdings Inc, valued at $750,268 using the latest closing price.
ERIC L VAN DER VALK, the Officer of Ollies Bargain Outlet Holdings Inc, proposed sale 7,479 shares at $98.99 during a trade that took place back on Sep 23 ’24, which means that ERIC L VAN DER VALK is holding shares at $740,346 based on the most recent closing price.
Stock Fundamentals for OLLI
Current profitability levels for the company are sitting at:
- 0.12 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 0.13. Equity return is now at value 13.55, with 8.99 for asset returns.
Based on Ollies Bargain Outlet Holdings Inc (OLLI), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 2.57. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -56.76.
Currently, EBITDA for the company is 276.81 million with net debt to EBITDA at 1.1. When we switch over and look at the enterprise to sales, we see a ratio of 2.88. The receivables turnover for the company is 1867.05for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.01.
Conclusion
To sum up, Ollies Bargain Outlet Holdings Inc (OLLI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
