Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) Director Thomas Hendrickson sold 9,116 shares of the stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $55.76, for a total transaction of $508,308.16. Following the completion of the sale, the director now owns 1,233 shares in the company, valued at $68,752.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Ollie's Bargain Outlet Holdings Inc (NASDAQ OLLI) opened at $56.15 on Thursday. The company has a quick ratio of 0.36, a current ratio of 2.53 and a debt-to-equity ratio of 0.16. Ollie's Bargain Outlet Holdings Inc has a 52 week low of $30.55 and a 52 week high of $58.50. The firm has a market cap of $3,378.80, a price-to-earnings ratio of 48.50, a P/E/G ratio of 1.41 and a beta of 0.18.
Ollie's Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, December 6th. The company reported $0.22 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.01. Ollie's Bargain Outlet had a net margin of 8.17% and a return on equity of 10.55%. The firm had revenue of $238.10 million during the quarter, compared to analysts’ expectations of $233.77 million. During the same period in the previous year, the business posted $0.17 earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. research analysts anticipate that Ollie's Bargain Outlet Holdings Inc will post 1.24 EPS for the current fiscal year.
OLLI has been the topic of a number of analyst reports. Stephens started coverage on shares of Ollie's Bargain Outlet in a research report on Tuesday, October 31st. They issued an “overweight” rating and a $53.00 price target on the stock. Zacks Investment Research downgraded shares of Ollie's Bargain Outlet from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Wells Fargo & Co initiated coverage on shares of Ollie's Bargain Outlet in a report on Friday, November 3rd. They set a “market perform” rating and a $45.00 target price on the stock. Citigroup initiated coverage on shares of Ollie's Bargain Outlet in a research note on Friday, November 17th. They set a “sell” rating and a $39.00 price target for the company. Finally, Jefferies Group raised their price target on shares of Ollie's Bargain Outlet to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, December 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Ollie's Bargain Outlet presently has a consensus rating of “Buy” and a consensus price target of $51.54.
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About Ollie's Bargain Outlet
Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.
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