Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI) kicked off on May 19, 2023, at the price of $66.05, down -4.44% from the previous trading day. During the day, the shares moved up to $66.05 and dropped to $62.54 before settling in for the closing price of $66.29. Over the past 52 weeks, OLLI has traded in a range of $40.40-$72.27.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 11.10% over the last five years. While this was happening, its average annual earnings per share was recorded -32.50%. With a float of $57.24 million, this company’s outstanding shares have now reached $62.17 million.
The firm has a total of 4900 workers. Let’s measure their productivity. In terms of profitability, gross margin is +34.66, operating margin of +7.76, and the pretax margin is +7.33.
Ollie’s Bargain Outlet Holdings Inc. (OLLI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Discount Stores Industry. The insider ownership of Ollie’s Bargain Outlet Holdings Inc. is 0.10%, while institutional ownership is 108.55%. The most recent insider transaction that took place on Apr 20, was worth 102,238. In this transaction Director of this company sold 1,592 shares at a rate of $64.22, taking the stock ownership to the 57,161 shares. Before that another transaction happened on Mar 24, when Company’s Director sold 3,000 for $58.52, making the entire transaction worth $175,560. This insider now owns 610 shares in total.
Ollie’s Bargain Outlet Holdings Inc. (OLLI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 1/30/2023, the organization reported $0.84 earnings per share (EPS), higher than consensus estimate (set at $0.79) by $0.05. This company achieved a net margin of +5.63 while generating a return on equity of 7.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -32.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% during the next five years compared to -3.50% drop over the previous five years of trading.
Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI) Trading Performance Indicators
Take a look at Ollie’s Bargain Outlet Holdings Inc.’s (OLLI) current performance indicators. Last quarter, stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25. Likewise, its price to free cash flow for the trailing twelve months is 65.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 2.90 in one year’s time.
Technical Analysis of Ollie’s Bargain Outlet Holdings Inc. (OLLI)
Analysing the last 5-days average volume posted by the [Ollie’s Bargain Outlet Holdings Inc., OLLI], we can find that recorded value of 0.91 million was lower than the volume posted last year of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 49.97%. Additionally, its Average True Range was 1.89.
During the past 100 days, Ollie’s Bargain Outlet Holdings Inc.’s (OLLI) raw stochastic average was set at 78.53%, which indicates a significant increase from 14.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.45% in the past 14 days, which was lower than the 34.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.81, while its 200-day Moving Average is $57.08. Now, the first resistance to watch is $65.42. This is followed by the second major resistance level at $67.49. The third major resistance level sits at $68.93. If the price goes on to break the first support level at $61.91, it is likely to go to the next support level at $60.47. Should the price break the second support level, the third support level stands at $58.40.
Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI) Key Stats
The company with the Market Capitalisation of 4.10 billion has total of 61,947K Shares Outstanding. Its annual sales at the moment are 1,827 M in contrast with the sum of 102,790 K annual income. Company’s last quarter sales were recorded 549,790 K and last quarter income was 53,090 K.
