Ollies Bargain Outlet Holdings Inc (OLLI) with a beta value of 0.76 appears to be a promising investment opportunity.

A new trading day began on Monday, with Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) stock price down -3.42% from the previous day of trading, before settling in for the closing price of $74.46. OLLI’s price has ranged from $52.93 to $84.38 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 11.62%. Meanwhile, its annual earnings per share averaged 9.74%. With a float of $61.14 million, this company’s outstanding shares have now reached $61.45 million.

Let’s determine the extent of company efficiency that accounts for 11500 employees.

Ollies Bargain Outlet Holdings Inc (OLLI) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Discount Stores Industry. The insider ownership of Ollies Bargain Outlet Holdings Inc is 0.38%, while institutional ownership is 102.01%. The most recent insider transaction that took place on Apr 18 ’24, was worth 361,450. In this transaction Director of this company sold 5,000 shares at a rate of $72.29, taking the stock ownership to the 5,659 shares. Before that another transaction happened on Apr 01 ’24, when Company’s President, CEO sold 11,756 for $75.22, making the entire transaction worth $884,339. This insider now owns 48,200 shares in total.

Ollies Bargain Outlet Holdings Inc (OLLI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 9.74% 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

Here are Ollies Bargain Outlet Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had 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 33.98.

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 3.55 in one year’s time.

Technical Analysis of Ollies Bargain Outlet Holdings Inc (OLLI)

Looking closely at Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI), its last 5-days average volume was 0.84 million, which is a drop from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 59.93%. Additionally, its Average True Range was 2.26.

During the past 100 days, Ollies Bargain Outlet Holdings Inc’s (OLLI) raw stochastic average was set at 23.64%, which indicates a significant decrease from 28.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.08% in the past 14 days, which was lower than the 34.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $75.57, while its 200-day Moving Average is $74.77. However, in the short run, Ollies Bargain Outlet Holdings Inc’s stock first resistance to watch stands at $73.71. Second resistance stands at $75.52. The third major resistance level sits at $76.57. If the price goes on to break the first support level at $70.85, it is likely to go to the next support level at $69.80. Now, if the price goes above the second support level, the third support stands at $67.99.

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

With a market capitalization of 4.41 billion, the company has a total of 61,367K Shares Outstanding. Currently, annual sales are 2,103 M while annual income is 181,440 K. The company’s previous quarter sales were 648,950 K while its latest quarter income was 76,470 K.