Ollies Bargain Outlet Holdings Inc (OLLI)’s latest performance is not what we had anticipated

On Tuesday, Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) opened lower -0.72% from the last session, before settling in for the closing price of $72.41. Price fluctuations for OLLI have ranged from $52.93 to $84.38 over the past 52 weeks.

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

A company in the Consumer Defensive sector has jumped its sales by 11.62% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.40% at the time writing. With a float of $61.14 million, this company’s outstanding shares have now reached $61.45 million.

In an organization with 11500 employees, it is important to assess its efficiency.

Ollies Bargain Outlet Holdings Inc (OLLI) Insider Updates

A key investor’s attitude towards the stock of the Discount Stores industry is another important factor to consider. The insider ownership of Ollies Bargain Outlet Holdings Inc is 0.38%, while institutional ownership is 102.36%. The most recent insider transaction that took place on Apr 01 ’24, was worth 884,339. In this transaction President, CEO of this company sold 11,756 shares at a rate of $75.22, taking the stock ownership to the 48,200 shares. Before that another transaction happened on Apr 01 ’24, when Company’s SVP/CFO sold 170 for $78.76, making the entire transaction worth $13,389. This insider now owns 1,607 shares in total.

Ollies Bargain Outlet Holdings Inc (OLLI) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.10% during the next five years compared to 7.37% growth over the previous five years of trading.

Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) Trading Performance Indicators

Check out the current performance indicators for Ollies Bargain Outlet Holdings Inc (OLLI). In the past quarter, the stock posted a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10. Likewise, its price to free cash flow for the trailing twelve months is 33.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.92, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 3.54 in one year’s time.

Technical Analysis of Ollies Bargain Outlet Holdings Inc (OLLI)

Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 0.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.37%. Additionally, its Average True Range was 2.48.

During the past 100 days, Ollies Bargain Outlet Holdings Inc’s (OLLI) raw stochastic average was set at 23.51%, which indicates a significant decrease from 33.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.28% in the past 14 days, which was higher than the 34.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.08, while its 200-day Moving Average is $74.37. However, in the short run, Ollies Bargain Outlet Holdings Inc’s stock first resistance to watch stands at $72.52. Second resistance stands at $73.14. The third major resistance level sits at $73.67. If the price goes on to break the first support level at $71.37, it is likely to go to the next support level at $70.84. Assuming the price breaks the second support level, the third support level stands at $70.22.

Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) Key Stats

There are currently 61,367K shares outstanding in the company with a market cap of 4.41 billion. Presently, the company’s annual sales total 2,103 M according to its annual income of 181,440 K. Last quarter, the company’s sales amounted to 648,950 K and its income totaled 76,470 K.