For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed the day trading at $106.63 down -1.51% from the previous closing price of $108.27. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 1.05 million shares were traded. OLLI stock price reached its highest trading level at $108.96 during the session, while it also had its lowest trading level at $106.17.
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 21.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 76.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, Citigroup on December 18, 2024, Upgraded its rating to Buy and sets its target price to $133 from $64 previously.
On December 03, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $100 to $95.
Gordon Haskett Upgraded its Accumulate to Buy on August 26, 2024, whereas the target price for the stock was revised from $105 to $107.
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 Dec 16 ’24 when HENDRICKSON THOMAS sold 6,250 shares for $114.74 per share. The transaction valued at 717,125 led to the insider holds 0 shares of the business.
Kraus Larry sold 10,646 shares of OLLI for $1,230,465 on Dec 16 ’24. The SVP, CIO now owns 1,905 shares after completing the transaction at $115.58 per share. On Dec 16 ’24, another insider, THOMAS T HENDRICKS, who serves as the Director of the company, bought 6,250 shares for $114.74 each.
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 6533955584 and an Enterprise Value of 6163106816. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.74, and their Forward P/E ratio for the next fiscal year is 28.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 2.781 whereas that against EBITDA is 21.079.
Stock Price History:
Over the past 52 weeks, OLLI has reached a high of $120.03, while it has fallen to a 52-week low of $68.05. The 50-Day Moving Average of the stock is 5.22%, while the 200-Day Moving Average is calculated to be 16.44%.
Shares Statistics:
Over the past 3-months, OLLI traded about 1.12M shares per day on average, while over the past 10 days, OLLI traded about 1090000 shares per day. A total of 61.27M shares are outstanding, with a floating share count of 61.12M. Insiders hold about 0.26% of the company’s shares, while institutions hold 106.10% stake in the company. Shares short for OLLI as of 1731628800 were 4045172 with a Short Ratio of 3.39, compared to 1728950400 on 3572991. Therefore, it implies a Short% of Shares Outstanding of 4045172 and a Short% of Float of 7.79.
