While Ollies Bargain Outlet Holdings Inc has overperformed by 2.93%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, OLLI rose by 55.35%, with highs and lows ranging from $120.03 to $70.17, whereas the simple moving average jumped by 12.27% in the last 200 days.
On February 04, 2025, Jefferies Downgraded Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) to Hold. A report published by Citigroup on December 18, 2024, Upgraded its rating to ‘Buy’ for OLLI. Wells Fargo also Downgraded OLLI shares as ‘Equal Weight’, setting a target price of $95 on the company’s shares in a report dated December 03, 2024. Gordon Haskett August 26, 2024d the rating to Buy on August 26, 2024, and set its price target from $105 to $107. JP Morgan June 17, 2024d its ‘Neutral’ rating to ‘Overweight’ for OLLI, as published in its report on June 17, 2024. BofA Securities’s report from May 06, 2024 suggests a price prediction of $92 for OLLI shares, giving the stock a ‘Buy’ rating. Truist also rated the stock as ‘Buy’.
Analysis of Ollies Bargain Outlet Holdings Inc (OLLI)
Further, the quarter-over-quarter increase in sales is 2.79%, showing a positive trend in the upcoming months.
Ollies Bargain Outlet Holdings Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 12.47% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.45, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and OLLI has an average volume of 1.17M. On a monthly basis, the volatility of the stock is set at 5.54%, whereas on a weekly basis, it is put at 9.13%, with a loss of -3.58% over the past seven days. Furthermore, long-term investors anticipate a median target price of $125.33, showing growth from the present price of $113.25, which can serve as yet another indication of whether OLLI is worth investing in or should be passed over.
How Do You Analyze Ollies Bargain Outlet Holdings Inc Shares?
Discount Stores giant Ollies Bargain Outlet Holdings Inc (OLLI) is based in the USA and is one of the largest companies in the market. When comparing Ollies Bargain Outlet Holdings Inc shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 35.03, there is a growth in quarterly earnings of -10.25%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 110.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
OLLI shares are owned by institutional investors to the tune of 110.21% at present.
