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The closing price of Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) was $101.05 for the day, up 2.28% from the previous closing price of $98.80. In other words, the price has increased by $2.28 from its previous closing price. On the day, 1.28 million shares were traded. OLLI stock price reached its highest trading level at $101.8 during the session, while it also had its lowest trading level at $99.43.
Ratios:
Our analysis of OLLI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 2.83. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.26.
Truist Upgraded its Hold to Buy on May 03, 2024, whereas the target price for the stock was revised from $80 to $86.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 21 ’24 when HENDRICKSON THOMAS sold 4,500 shares for $97.54 per share. The transaction valued at 438,930 led to the insider holds 5,659 shares of the business.
Comitale James J sold 2,500 shares of OLLI for $223,875 on Jun 17 ’24. The SVP, General Counsel now owns 2,732 shares after completing the transaction at $89.55 per share. On Jun 05 ’24, another insider, SWYGERT JOHN W, who serves as the CEO of the company, sold 14,736 shares for $86.81 each. As a result, the insider received 1,279,174 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 6184937472 and an Enterprise Value of 6330266624. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.81, and their Forward P/E ratio for the next fiscal year is 27.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 2.941 whereas that against EBITDA is 22.415.
Stock Price History:
The Beta on a monthly basis for OLLI is 0.90, which has changed by 0.4644928 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, OLLI has reached a high of $100.88, while it has fallen to a 52-week low of $66.59. The 50-Day Moving Average of the stock is 18.99%, while the 200-Day Moving Average is calculated to be 30.29%.
Shares Statistics:
OLLI traded an average of 1.11M shares per day over the past three months and 1173860 shares per day over the past ten days. A total of 61.45M shares are outstanding, with a floating share count of 61.04M. Insiders hold about 0.27% of the company’s shares, while institutions hold 103.04% stake in the company. Shares short for OLLI as of 1718323200 were 3032496 with a Short Ratio of 3.15, compared to 1715731200 on 3610304. Therefore, it implies a Short% of Shares Outstanding of 3032496 and a Short% of Float of 5.86.
