Ollie’s Bargain Outlet Holdings Inc. (OLLI): OLLI moving up?

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Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) changes shares on Monday trading session, with a change of 1.71% or $1.75 shares. The trading starts at $102.52 and closed at $102.09 throughout the day. The trading session low price was $101.66 and day high was $104.489 on Monday, June 22. After the session, the Consumer Defensive sector daily volume shifted to 0.99 million while its average volume is 1.71M. In other hand, the OLLI market cap reached to $6.86B. While, its current target price is $103.84 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 11.88% and up 24.49% for month. Its quarterly performance was 159.02% above, while its half year performance is up 51.24%. OLLI yearly performance stood at positive 11.56% and rise 59.00% for year-to-date. Current recommendation for Ollie’s Bargain Outlet Holdings Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. OLLI EPS (TTM) for 12-month is 2.07. EPS for this year is 4.60%, while for the next year its value is 2.74. Sales growth for the current quarter is 3.42 while its EPS Q/Q reached -12.40%. It has an EPS of 31.10% up for past five years and for the next five years will be up 14.64%.

Let’s take a look on the analyst recommendations on OLLI for the current month and previous month. For the current month, 10 of 15 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $65.00-$108.00. Average target price for OLLI was reached at $97.07.

Price (T.Rowe) Associates Inc, Kayne Anderson Rudnick Investment Management LLC and Blackrock Inc. are the top three holders in Ollie’s Bargain Outlet Holdings Inc. (OLLI) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 6.73 million shares which valued 312.02 million. On Mar 30, 2020, Kayne Anderson Rudnick Investment Management LLC owned 6.22 million shares which valued at 288.3 million. On Mar 30, 2020, Blackrock Inc. has a total of 4.68 million shares which valued at 217.03 million. In the end, Blackrock Inc. have 7.34% shares outstanding of Ollie’s Bargain Outlet Holdings Inc. (OLLI) on Mar 30, 2020. The insider ownership moved to 0.20%.

The company posted an EPS (TTM) of 2.07. According to the most recent quarter report on (Jul 2020), 14 analysts estimated an average EPS of 0.47, while 0.35 EPS posted a year ago period. Analyst Estimated EPS for OLLI published in the report was 0.38-0.55 during the same period. Comparing with last year, the average estimated EPS was 0.35 which is lower than 0.49 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for OLLI rise 66.25% for period of 200 days. SMA for 50 days was 34.66% which is showing green signal, while SMA-20 was 11.10%. The moving average value for Ollie’s Bargain Outlet Holdings Inc. (OLLI) is 62.57 and 84.89 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in OLLI stock. On Apr 29, SWYGERT JOHN W, President, CEO, sold 28,062 trading shares at the cost of $72.50, which valued at 2.03 million. On Apr 27, McLain Kevin, SVP, Merchandising, sold 23,000 shares at the cost of $65.01, with total shares of 3,677. On Mar 30, SWYGERT JOHN W, President, CEO, sold 1,538 shares at the cost of 43.33. After this transaction, SWYGERT JOHN W total shares reached to 25,156 which valued at 66642.0.