The price-to-earnings ratio for Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) is above average at 28.68x, Company’s 36-month beta value is 0.84.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for OLLI is 61.18M, and currently, short sellers hold a 5.20% ratio of that floaft. The average trading volume of OLLI on October 18, 2024 was 1.06M shares.
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OLLI) stock’s latest price update
Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) has experienced a decline in its stock price by -1.65 compared to its previous closing price of 95.96. However, the company has seen a fall of -0.88% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that The Zacks Consumer Products – Staples industry players have been capitalizing on consistent demand for essential goods, while growth strategies such as innovation and portfolio optimization drive further progress. Solid saving efforts have been aiding KMB, IFF, OLLI and NWL.
OLLI’s Market Performance
OLLI’s stock has fallen by -0.88% in the past week, with a monthly drop of -3.82% and a quarterly drop of -6.14%. The volatility ratio for the week is 2.95% while the volatility levels for the last 30 days are 2.88% for Ollies Bargain Outlet Holdings Inc The simple moving average for the last 20 days is -2.41% for OLLI’s stock, with a simple moving average of 11.34% for the last 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 -0.65% 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 -10.10% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -3.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.14% upper at present.
During the last 5 trading sessions, OLLI fell by -0.88%, which changed the moving average for the period of 200-days by +25.62% in comparison to the 20-day moving average, which settled at $96.71. In addition, Ollies Bargain Outlet Holdings Inc saw 24.36% 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 ROBERT HELM, who proposed sale 2,401 shares at the price of $95.96 back on Oct 17 ’24. After this action, ROBERT HELM now owns shares of Ollies Bargain Outlet Holdings Inc, valued at $230,400 using the latest closing price.
van der Valk Eric, the President of Ollies Bargain Outlet Holdings Inc, sale 7,479 shares at $100.32 during a trade that took place back on Sep 23 ’24, which means that van der Valk Eric is holding 5,615 shares at $750,268 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 2.76. 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
In a nutshell, Ollies Bargain Outlet Holdings Inc (OLLI) has experienced a mixed performance in recent times. The stock has received mixed “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.
