Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed the day trading at $71.15 down -1.03% from the previous closing price of $71.89. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 0.91 million shares were traded. OLLI stock price reached its highest trading level at $73.09 during the session, while it also had its lowest trading level at $70.43.
Ratios:
For a better understanding of OLLI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.62. 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, Loop Capital on April 05, 2024, Upgraded its rating to Buy and sets its target price to $90 from $80 previously.
On October 17, 2023, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $75 to $83.
JP Morgan Upgraded its Underweight to Neutral on April 17, 2023, whereas the target price for the stock was revised from $56 to $66.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’24 when SWYGERT JOHN W sold 11,756 shares for $75.22 per share. The transaction valued at 884,339 led to the insider holds 48,200 shares of the business.
Helm Robert F sold 170 shares of OLLI for $13,389 on Apr 01 ’24. The SVP/CFO now owns 1,607 shares after completing the transaction at $78.76 per share. On Mar 26 ’24, another insider, Kraus Larry, who serves as the VP, CIO of the company, sold 2,928 shares for $79.00 each. As a result, the insider received 231,312 and left with 1,905 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 4366240768 and an Enterprise Value of 4501751296. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.33, and their Forward P/E ratio for the next fiscal year is 20.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 2.141 whereas that against EBITDA is 17.134.
Stock Price History:
The Beta on a monthly basis for OLLI is 0.77, which has changed by 0.11590338 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -6.48%, while the 200-Day Moving Average is calculated to be -4.33%.
Shares Statistics:
Over the past 3-months, OLLI traded about 934.86K shares per day on average, while over the past 10 days, OLLI traded about 1074870 shares per day. A total of 61.45M shares are outstanding, with a floating share count of 61.14M. Insiders hold about 0.38% of the company’s shares, while institutions hold 102.36% stake in the company. Shares short for OLLI as of 1711584000 were 3206964 with a Short Ratio of 3.43, compared to 1709164800 on 2615752. Therefore, it implies a Short% of Shares Outstanding of 3206964 and a Short% of Float of 6.1899999999999995.
Earnings Estimates
At present, 14 analysts are actively evaluating the performance of Ollies Bargain Outlet Holdings Inc (OLLI) in the stock market.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 $2.49B, while the lowest revenue estimate was $2.24B, resulting in an average revenue estimate of $2.28B. In the same quarter a year ago, actual revenue was $2.1B, up 8.50% 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 9.60% from the average revenue estimate for this year.
