3 days Ago By ABMN Staff
Ollie’s Bargain Outlet Holdings, Inc. ( NASDAQ:OLLI – Get Free Report ) Chairman John W. Swygert sold 5,232 shares of the firm’s stock in a transaction dated Friday, March 28th.
The shares were sold at an average price of $112.51, for a total value of $588,652.32.
Following the sale, the chairman now directly owns 48,200 shares in the company, valued at approximately $5,422,982. The trade was a 9.79 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Ollie’s Bargain Outlet Trading Up 0.2 % Shares of NASDAQ OLLI opened at $113.
24 on Monday. The company has a 50 day simple moving average of $105.96 and a two-hundred day simple moving average of $102.
35. The stock has a market cap of $6.94 billion, a price-to-earnings ratio of 33.
80, a PEG ratio of 2.21 and a beta of 0.83.
Ollie’s Bargain Outlet Holdings, Inc. has a 12 month low of $68.05 and a 12 month high of $120.
03. Ollie’s Bargain Outlet ( NASDAQ:OLLI – Get Free Report ) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $1.
19 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.01).
The business had revenue of $667.10 million during the quarter, compared to analysts’ expectations of $674.61 million.
Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%.
Ollie’s Bargain Outlet’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.
23 earnings per share. Analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 3.
29 EPS for the current year. Institutional Inflows and Outflows Analysts Set New Price Targets A number of analysts have recently weighed in on OLLI shares. Morgan Stanley raised their price target on shares of Ollie’s Bargain Outlet from $108.
00 to $118.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Wells Fargo & Company lifted their price target on shares of Ollie’s Bargain Outlet from $95.
00 to $105.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Bank of America increased their price objective on Ollie’s Bargain Outlet from $115.
00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Piper Sandler dropped their target price on Ollie’s Bargain Outlet from $126.
00 to $124.00 and set an “overweight” rating on the stock in a research note on Thursday, March 20th. Finally, Jefferies Financial Group cut Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating and decreased their price target for the company from $125.
00 to $111.00 in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company.
According to data from MarketBeat, Ollie’s Bargain Outlet presently has a consensus rating of “Moderate Buy” and an average price target of $123.08. Read Our Latest Report on Ollie’s Bargain Outlet About Ollie’s Bargain Outlet ( Get Free Report ) Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise.
It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys. Further Reading Receive News & Ratings for Ollie's Bargain Outlet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ollie's Bargain Outlet and related companies with MarketBeat.
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