NASDAQ:OLLI

Ollie's Bargain Outlet (OLLI) Stock Forecast, Price & News

$60.76

-0.30 (-0.49%)

(As of 10:34 AM ET)

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Today's Range: $60.64
▼
$62.48
50-Day Range: $53.35
▼
$67.60
52-Week Range: $44.72
▼
$72.27

Volume: 203,055 shs
Average Volume: 1.01 million shs
Market Capitalization: $3.76 billion

P/E Ratio: 37.05
Dividend Yield: N/A
Price Target: $63.47

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating: Hold
2.46 Rating Score
Upside/Downside: 3.2% Upside
$63.00 Price Target
Short Interest: Healthy
8.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.68
Upright™ Environmental Score
News Sentiment: 0.94
Based on 30 Articles This Week
Insider Trading: Selling Shares
$175,560 Sold Last Quarter
Proj. Earnings Growth: 12.84%
From $2.57 to $2.90 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Consumer Staples Sector

85th out of 139 stocks

Variety Stores Industry

9th out of 11 stocks

2.2

Analyst's Opinion

Consensus Rating
Ollie's Bargain Outlet has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $63.00, Ollie's Bargain Outlet has a forecasted upside of 3.2% from its current price of $61.06.
Amount of Analyst Coverage
Ollie's Bargain Outlet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
8.64% of the float of Ollie's Bargain Outlet has been sold short.
Short Interest Ratio / Days to Cover
Ollie's Bargain Outlet has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Ollie's Bargain Outlet has recently decreased by 8.84%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ollie's Bargain Outlet does not currently pay a dividend.
Dividend Growth
Ollie's Bargain Outlet does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ollie's Bargain Outlet has received a 14.08% net impact score from Upright. Ollie's Bargain Outlet seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of toys at a discount store", "Physical retail of books at a discount store", and "Physical retail of magazines at a discount store" products. See details.
Environmental Sustainability
The Environmental Impact score for Ollie's Bargain Outlet is -2.68.

3.9

News and Social Media Coverage

News Sentiment
Ollie's Bargain Outlet has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 30 news articles for Ollie's Bargain Outlet this week, compared to 6 articles on an average week.
Search Interest
10 people have searched for OLLI on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
MarketBeat Follows
12 people have added Ollie's Bargain Outlet to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ollie's Bargain Outlet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $175,560.00 in company stock.
Percentage Held by Insiders
Only 0.86% of the stock of Ollie's Bargain Outlet is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ollie's Bargain Outlet are expected to grow by 12.84% in the coming year, from $2.57 to $2.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ollie's Bargain Outlet is 37.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ollie's Bargain Outlet is 37.23, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 14.69.
Price to Earnings Growth Ratio
Ollie's Bargain Outlet has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ollie's Bargain Outlet has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ollie's Bargain Outlet (NASDAQ:OLLI) Stock

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. Ollie's Bargain Outlet Holdings was founded by Mark Butler, Mort Bernstein, Oliver Rosenberg and Harry Coverman on July 29, 1982, and is headquartered in Harrisburg, PA.

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OLLI Stock News Headlines

June 7, 2023 | marketbeat.com

Ollie’s Bargain Outlet Goes On Sale

Ollie's Bargain Outlet issues solid results and guides higher, but the price pulls back. The market responds by buying the dip in this growth leader.

June 6, 2023 | marketbeat.com

Dollar General May Create an Opportunity for Patient Investors (OLLI)

After missing on both the top and bottom lines Dollar General stock is down over 30% for the year, but this could spell an opportunity for patient investors.

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.