Insider Selling: Ollie’s Bargain Outlet Holdings Inc (OLLI) SVP Sells 13,000 Shares of Stock
Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) SVP Omar Segura sold 13,000 shares of the stock in a transaction on Monday, November 12th. The stock was sold at an average price of $91.06, for a total value of $1,183,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Ollie’s Bargain Outlet stock opened at $89.19 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 2.51. Ollie’s Bargain Outlet Holdings Inc has a one year low of $42.36 and a one year high of $97.61. The firm has a market cap of $5.66 billion, a P/E ratio of 71.35, a price-to-earnings-growth ratio of 2.06 and a beta of 0.37.
Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, September 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.36 by $0.04. Ollie’s Bargain Outlet had a return on equity of 12.48% and a net margin of 12.88%. The company had revenue of $288.10 million for the quarter, compared to analysts’ expectations of $284.19 million. During the same period last year, the firm posted $0.27 earnings per share. Ollie’s Bargain Outlet’s revenue was up 13.1% compared to the same quarter last year. As a group, equities analysts anticipate that Ollie’s Bargain Outlet Holdings Inc will post 1.75 EPS for the current fiscal year.
A number of equities research analysts have recently commented on the company. BidaskClub raised Ollie’s Bargain Outlet from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 3rd. Zacks Investment Research raised Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a research note on Monday, September 10th. Royal Bank of Canada increased their target price on Ollie’s Bargain Outlet to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, September 6th. Buckingham Research increased their target price on Ollie’s Bargain Outlet from $75.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, September 6th. Finally, MKM Partners increased their price objective on Ollie’s Bargain Outlet from $80.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, September 5th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Ollie’s Bargain Outlet currently has a consensus rating of “Buy” and an average target price of $88.25.
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About Ollie’s Bargain Outlet
Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise. The company offers food products, housewares, books and stationery, bed and bath products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.
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