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The price of Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed at $74.35 in the last session, down -0.48% from day before closing price of $74.71. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.83 million shares were traded. OLLI stock price reached its highest trading level at $75.43 during the session, while it also had its lowest trading level at $73.46.
Ratios:
We take a closer look at OLLI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.13. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 18 ’24 when HENDRICKSON THOMAS sold 5,000 shares for $72.29 per share. The transaction valued at 361,450 led to the insider holds 5,659 shares of the business.
SWYGERT JOHN W sold 11,756 shares of OLLI for $884,339 on Apr 01 ’24. The President, CEO now owns 48,200 shares after completing the transaction at $75.22 per share. On Apr 01 ’24, another insider, Helm Robert F, who serves as the SVP/CFO of the company, sold 170 shares for $78.76 each. As a result, the insider received 13,389 and left with 1,607 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 4562614272 and an Enterprise Value of 4698124800. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.42, and their Forward P/E ratio for the next fiscal year is 20.93. 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 3.03. Its current Enterprise Value per Revenue stands at 2.234 whereas that against EBITDA is 17.882.
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 -1.94%, while the 200-Day Moving Average is calculated to be -0.47%.
Shares Statistics:
According to the various share statistics, OLLI traded on average about 923.68K shares per day over the past 3-months and 846310 shares per day over the past 10 days. 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 102.52% stake in the company. Shares short for OLLI as of 1713139200 were 3812262 with a Short Ratio of 4.13, compared to 1710460800 on 2759289. Therefore, it implies a Short% of Shares Outstanding of 3812262 and a Short% of Float of 7.359999999999999.
