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As of close of business last night, Ollies Bargain Outlet Holdings Inc’s stock clocked out at $103.45, up 1.66% from its previous closing price of $101.76. In other words, the price has increased by $1.66 from its previous closing price. On the day, 1.35 million shares were traded. OLLI stock price reached its highest trading level at $104.98 during the session, while it also had its lowest trading level at $101.72.
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 18.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.12. 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 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 6331832832 and an Enterprise Value of 6373723136. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.56, and their Forward P/E ratio for the next fiscal year is 28.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 2.961 whereas that against EBITDA is 22.569.
Stock Price History:
The Beta on a monthly basis for OLLI is 0.91, which has changed by 0.42881215 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, OLLI has reached a high of $103.64, while it has fallen to a 52-week low of $68.05. The 50-Day Moving Average of the stock is 20.19%, while the 200-Day Moving Average is calculated to be 32.96%.
Shares Statistics:
It appears that OLLI traded 1.12M shares on average per day over the past three months and 1195630 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 1719532800 were 3513304 with a Short Ratio of 3.12, compared to 1717113600 on 3193819. Therefore, it implies a Short% of Shares Outstanding of 3513304 and a Short% of Float of 6.79.
