In the latest session, Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed at $74.23 down -6.71% from its previous closing price of $79.57. In other words, the price has decreased by -$5.34 from its previous closing price. On the day, 1837587 shares were traded.
Ratios:
For a deeper understanding of Ollies Bargain Outlet Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 2.76. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on October 17, 2023, Upgraded its rating to Buy and sets its target price to $83 from $75 previously.
On April 17, 2023, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $56 to $66.
Citigroup Downgraded its Neutral to Sell on March 27, 2023, whereas the target price for the stock was revised from $52 to $49.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 26 ’24 when Kraus Larry sold 2,928 shares for $79.00 per share. The transaction valued at 231,312 led to the insider holds 1,905 shares of the business.
Helm Robert F sold 2,317 shares of OLLI for $181,050 on Mar 25 ’24. The SVP/CFO now owns 1,777 shares after completing the transaction at $78.14 per share. On Feb 23 ’24, another insider, SWYGERT JOHN W, who serves as the President, CEO of the company, sold 5,000 shares for $82.57 each. As a result, the insider received 412,850 and left with 48,200 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLLI now has a Market Capitalization of 4.55B and an Enterprise Value of 4.69B. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.38, and their Forward P/E ratio for the next fiscal year is 20.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 3.02. Its current Enterprise Value per Revenue stands at 2.23 whereas that against EBITDA is 17.85.
Stock Price History:
Over the past 52 weeks, OLLI has reached a high of $84.38, while it has fallen to a 52-week low of $52.93. The 50-Day Moving Average of the stock is 76.35, while the 200-Day Moving Average is calculated to be 73.62.
Shares Statistics:
For the past three months, OLLI has traded an average of 870.70K shares per day and 1.46M over the past ten days. A total of 61.45M shares are outstanding, with a floating share count of 61.12M. Insiders hold about 0.39% of the company’s shares, while institutions hold 101.91% stake in the company. Shares short for OLLI as of Mar 15, 2024 were 2.76M with a Short Ratio of 3.17, compared to 2.96M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.48% and a Short% of Float of 5.30%.
Earnings Estimates
There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.64 for the current quarter, with a high estimate of $0.69 and a low estimate of $0.61, while EPS last year was $0.49. The consensus estimate for the next quarter is $0.79, with high estimates of $0.85 and low estimates of $0.72.
Analysts are recommending an EPS of between $3.24 and $3.13 for the fiscal current year, implying an average EPS of $3.18. EPS for the following year is $3.54, with 14 analysts recommending between $3.71 and $3.34.
Revenue Estimates
A total of 14 analysts have provided revenue estimates for OLLI’s current fiscal year. The highest revenue estimate was $2.28B, while the lowest revenue estimate was $2.24B, resulting in an average revenue estimate of $2.27B. In the same quarter a year ago, actual revenue was $2.1B, up 7.70% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $2.5B in the next fiscal year. The high estimate is $2.6B and the low estimate is $2.42B. The average revenue growth estimate for next year is up 10.30% from the average revenue estimate for this year.
