16 hours Ago By ABMN Staff
Ollie’s Bargain Outlet Holdings, Inc. ( NASDAQ:OLLI – Get Free Report ) SVP Kevin Mclain sold 15,000 shares of Ollie’s Bargain Outlet stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $98.
99, for a total value of $1,484,850.00. Following the sale, the senior vice president now directly owns 10,610 shares in the company, valued at approximately $1,050,283.
90. The sale was disclosed in a document filed with the SEC, which is available at the SEC website . Ollie’s Bargain Outlet Stock Down 0.
9 % Shares of Ollie’s Bargain Outlet stock traded down $0.87 on Wednesday, reaching $98.13.
The stock had a trading volume of 795,616 shares, compared to its average volume of 1,041,581. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $68.
05 and a 1 year high of $104.98. The company has a 50 day moving average price of $95.
55 and a 200 day moving average price of $85.79. The stock has a market capitalization of $6.
02 billion, a P/E ratio of 31.23, a P/E/G ratio of 2.45 and a beta of 0.
84. Ollie’s Bargain Outlet ( NASDAQ:OLLI – Get Free Report ) last issued its quarterly earnings results on Thursday, August 29th. The company reported $0.
78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. The business had revenue of $578.
38 million for the quarter, compared to the consensus estimate of $561.60 million. Ollie’s Bargain Outlet had a return on equity of 13.
27% and a net margin of 9.19%. The business’s quarterly revenue was up 12.
4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 earnings per share.
On average, analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 3.28 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Ollie’s Bargain Outlet Wall Street Analysts Forecast Growth Several brokerages have commented on OLLI. Truist Financial boosted their price target on shares of Ollie’s Bargain Outlet from $102.00 to $109.
00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Gordon Haskett upgraded shares of Ollie’s Bargain Outlet from an “accumulate” rating to a “buy” rating and upped their price target for the stock from $105.00 to $107.
00 in a report on Monday, August 26th. Craig Hallum raised their price objective on Ollie’s Bargain Outlet from $100.00 to $105.
00 and gave the stock a “buy” rating in a report on Thursday, June 6th. Wells Fargo & Company upped their target price on Ollie’s Bargain Outlet from $85.00 to $100.
00 and gave the stock an “overweight” rating in a report on Thursday, June 6th. Finally, StockNews.com downgraded Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research report on Friday, August 30th.
One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $103.33.
Get Our Latest Report on OLLI About Ollie’s Bargain Outlet ( Get Free Report ) Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. 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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