Market Insights: Ollies Bargain Outlet Holdings Inc (OLLI)’s Notable Drop of -1.35, Closing at 87.47

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As of close of business last night, Ollies Bargain Outlet Holdings Inc’s stock clocked out at $87.47, down -1.35% from its previous closing price of $88.67. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.03 million shares were traded. OLLI stock price reached its highest trading level at $89.9 during the session, while it also had its lowest trading level at $86.145.

Ratios:

To gain a deeper understanding of OLLI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.37. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Comitale James J sold 2,153 shares for $104.17 per share. The transaction valued at 224,278 led to the insider holds 2,732 shares of the business.

HENDRICKSON THOMAS sold 4,500 shares of OLLI for $438,930 on Jun 21 ’24. The Director now owns 5,659 shares after completing the transaction at $97.54 per share. On Jun 17 ’24, another insider, Comitale James J, who serves as the SVP, General Counsel of the company, sold 2,500 shares for $89.55 each. As a result, the insider received 223,875 and left with 2,732 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 5353750016 and an Enterprise Value of 5499079680. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.53, and their Forward P/E ratio for the next fiscal year is 23.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 3.50. Its current Enterprise Value per Revenue stands at 2.555 whereas that against EBITDA is 19.472.

Stock Price History:

Over the past 52 weeks, OLLI has reached a high of $104.98, while it has fallen to a 52-week low of $68.05. The 50-Day Moving Average of the stock is -7.86%, while the 200-Day Moving Average is calculated to be 9.06%.

Shares Statistics:

It appears that OLLI traded 1.14M shares on average per day over the past three months and 931600 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 103.76% stake in the company. Shares short for OLLI as of 1722384000 were 2949051 with a Short Ratio of 2.58, compared to 1719532800 on 3513304. Therefore, it implies a Short% of Shares Outstanding of 2949051 and a Short% of Float of 5.6999996.

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