The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed at $95.03 down -2.73% from its previous closing price of $97.70. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.16 million shares were traded. OLLI stock price reached its highest trading level at $97.42 during the session, while it also had its lowest trading level at $94.43.
Ratios:
For a deeper understanding of Ollies Bargain Outlet Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.04. 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.
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, Gordon Haskett on August 26, 2024, Upgraded its rating to Buy and sets its target price to $107 from $105 previously.
On June 17, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $105.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 5816472576 and an Enterprise Value of 5961802240. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.91, and their Forward P/E ratio for the next fiscal year is 25.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 2.77 whereas that against EBITDA is 21.11.
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 -2.07%, while the 200-Day Moving Average is calculated to be 17.21%.
Shares Statistics:
For the past three months, OLLI has traded an average of 1.15M shares per day and 1016620 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 104.21% stake in the company. Shares short for OLLI as of 1722384000 were 2949051 with a Short Ratio of 2.47, compared to 1719532800 on 3513304. Therefore, it implies a Short% of Shares Outstanding of 2949051 and a Short% of Float of 5.6999996.
