Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) is 30.76% higher on its value in year-to-date trading and has touched a low of $68.05 and a high of $104.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OLLI stock was last observed hovering at around $95.73 in the last trading session, with the day’s gains setting it 3.5%.
Currently trading at $99.23, the stock is 6.23% and 4.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing 3.66% at the moment leaves the stock 14.97% off its SMA200. OLLI registered 23.90% gain for a year compared to 6-month gain of 26.05%. The firm has a 50-day simple moving average (SMA 50) of $94.4716 and a 200-day simple moving average (SMA200) of $86.17317.
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The stock witnessed a 5.23% loss in the last 1 month and extending the period to 3 months gives it a 8.02%, and is 8.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.19% over the week and 2.62% over the month.
Ollies Bargain Outlet Holdings Inc (OLLI) has around 11500 employees, a market worth around $6.09B and $2.22B in sales. Current P/E ratio is 30.15 and Fwd P/E is 26.79. Profit margin for the company is 9.19%. Distance from 52-week low is 45.82% and -5.48% from its 52-week high. The company has generated returns on investments over the last 12 months (10.16%).
The EPS is expected to grow by 12.64% this year
545.0 institutions hold shares in Ollies Bargain Outlet Holdings Inc (OLLI), with institutional investors hold 105.85% of the company’s shares. The shares outstanding are 61.45M, and float is at 61.18M with Short Float at 5.84%. Institutions hold 105.58% of the Float.
The top institutional shareholder in the company is FMR LLC with over 9.02 million shares valued at $885.44 million. The investor’s holdings represent 14.6945 of the OLLI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.8 million shares valued at $569.59 million to account for 9.4528 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.52 million shares representing 8.9851 and valued at over $541.41 million, while WASATCH ADVISORS LP holds 7.1282 of the shares totaling 4.38 million with a market value of $429.52 million.
Ollies Bargain Outlet Holdings Inc (OLLI) Insider Activity
The most recent transaction is an insider sale by Helm Robert F, the company’s EVP/CFO. SEC filings show that Helm Robert F sold 2,401 shares of the company’s common stock on Oct 17 ’24 at a price of $94.68 per share for a total of $0.23 million. Following the sale, the insider now owns 2021.0 shares.
Still, SEC filings show that on Sep 23 ’24, van der Valk Eric (President) disposed off 7,479 shares at an average price of $100.32 for $0.75 million. The insider now directly holds 5,615 shares of Ollies Bargain Outlet Holdings Inc (OLLI).
