How does Ollie's Bargain Outlet Holdings Inc. (OLLI) change from a …

Ollie’s Bargain Outlet Holdings Inc. (NASDAQ: OLLI) stock fell -3.43% on Tuesday to £57.69 against a previous-day closing price of £59.74. With 0.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. During the session, the Discount Stores company that operates in wider Consumer Defensive sector, reached to the highest price of £60.15 whereas the lowest price it dropped to was £57.23.

The 52-week range on OLLI shows that it touched its highest point at £72.27 and its lowest point at £40.40 during that stretch. It currently has a 1-year price target of £64.57. Beta for the stock currently stands at 0.97.

Top 5 AI Stocks to Buy for 2023 The artificial intelligence (AI) revolution is already here. And it’s about to change everything we know about everything.

According to Grand View Research, the global AI boom could grow from about £137 billion in 2022 to more than £1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report. Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLLI was up-trending over the past week, with a rise of 1.18%, but this was up by 4.38% over a month.

Three-month performance surged to 23.35% while six-month performance rose 9.14%. The stock gained 34.63% in the past year, while it has gained 23.16% so far this year. A look at the trailing 12-month EPS for OLLI yields 1.64 with Next year EPS estimates of 2.88.

For the next quarter, that number is 0.47. This implies an EPS growth rate of -32.50% for this year and 12.61% for next year. EPS is expected to grow by 7.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.50%.

Float and Shares Shorts:

At present, 62.17 million OLLI shares are outstanding with a float of 57.24 million shares on hand for trading.

On Jan 12, 2023, short shares totaled 5.95 million, which was 9.57% higher than short shares on Dec 14, 2022. In addition to Mr. John W.

Swygert Jr. as the firm’s Pres, CEO & Director, Mr. Eric van der Valk serves as its Exec. VP & COO.

Institutional Ownership:

Through their ownership of 108.22% of OLLI’s outstanding shares, institutional investors have majority control over the company.

Other institutions hold 71.82% of OLLI, in contrast to 63.36% held by mutual funds. Shares owned by individuals account for 42.96%. As the largest shareholder in OLLI with 14.76% of the stake, Fidelity Management & Research Co holds 9,186,317 shares worth 9,186,317.

A second-largest stockholder of OLLI, The Vanguard Group, Inc., holds 5,344,622 shares, controlling over 8.59% of the firm’s shares. Wasatch Advisors, Inc. is the third largest shareholder in OLLI, holding 4,947,509 shares or 7.95% stake. With a 3.41% stake in OLLI, the Fidelity Growth Company Fund is the largest stakeholder.

A total of 2,125,013 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 3.09% of OLLI stock, is the second-largest Mutual Fund holder. It holds 1,924,145 shares valued at 110.72 million. iShares Core S&P Mid Cap ETF holds 2.92% of the stake in OLLI, owning 1,815,240 shares worth 104.45 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLLI since 15 analysts follow the stock currently.

There are 7 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

With OLLI analysts setting a high price target of £79.00 and a low target of £49.00, the average target price over the next 12 months is £64.00. Based on these targets, OLLI could surge 36.94% to reach the target high and fall by -15.06% to reach the target low. Reaching the average price target will result in a growth of 10.94% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

OLLI will report FY 2024 earnings on 03/22/2023. Analysts have provided yearly estimates in a range of £2.60 being high and £2.43 being low. For OLLI, this leads to a yearly average estimate of £2.55.

The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Ollie’s Bargain Outlet Holdings Inc. surprised analysts by £0.05 when it reported £0.84 EPS against a consensus estimate of £0.79. The surprise factor in the prior quarter was -£0.03.

Based on analyst estimates, the high estimate for the next quarter is £0.56 and the low estimate is £0.43. The average estimate for the next quarter is thus £0.47.

Summary of Insider Activity:

Insiders traded OLLI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold.

The number of buy transactions has increased to 3 while that of sell transactions has risen to 3 over the past year.

The total number of shares bought during that period was 5,701 while 1,630 shares were sold.

aviva-home-insurance listed on couponmatrix.ukbalkan-holidays listed on couponmatrix.ukderma-care-direct listed on couponmatrix.ukmoneyfarm listed on couponmatrix.ukrobert-dyas listed on couponmatrix.ukvoxi listed on couponmatrix.uk
aviva-home-insurance listed on couponmatrix.ukIt doesn’t matter if you’re a home owner, a renter or a student living off campus, keeping your belongings and buildings covered is never a bad idea. With Aviva Home Insurance you can put all elements of your property under protection – from theft and accident to emergency repairs. Use an Aviva Home Insurance discount code to cut the cost of your quote or add additional protection to your policy without hiking the price.
balkan-holidays listed on couponmatrix.ukBeautiful Bulgaria and romantic Romania - panoramic views from mountaintops and unbeatable local cuisine… Balkan Holidays has your back when it comes to experiences of a lifetime and with a Balkan Holidays voucher code you’re looking at making unforgettable memories without breaking the bank. Perfect for those budget family trips, kids go free when you use Balkan Holidays and there’s no hidden fees or extras during the booking process.
derma-care-direct listed on couponmatrix.ukMake blemishes, dark circles and dryness a thing of the past with Derma Care Direct, experts in finding every solution for your skin. From acne to anti-ageing cream, give your skin the treatment it deserves at a below-budget price by using the latest Derma Care Direct discount code from Groupon. With expert advice, specialised products and remedies for all kinds of skin-related ailments at its fingertips, we dare you to find a skincare solution that Derma Care Direct doesn’t provide. Unsure on the best product to treat your tissue? Take the Derma Care Direct skin test to narrow down a selection of the best-suited skincare solutions within minutes, then you’ll have the lion’s share of options and prices to pick between. Select by whichever skincare brand you favour, then you can enter the details of the treatment you require, leaving you with the perfected product from your preferred brand. Tackle tiredness, creases and wrinkles with the assistance of Derma Care Direct’s phenomenal selection of eye care. With an inventory of creams, gels and serums dedicated to producing refreshed, youthful skin, be sure to make a saving on your favourites with the newest Derma Care Direct voucher code. Whatever obstacles your eyes endure on a daily basis, know that you there’s a way to give them that extra boost at a bargain price with Derma Care Direct.
moneyfarm listed on couponmatrix.ukMake the most of your money and invest intelligently with Moneyfarm, the wealth management app built to track stocks and boost your net worth. Remember to employ a Moneyfarm offer code when financing to maximise your potential profits at minimal expense. Built to be accessible to both beginners and experts alike, everyone is free to try their hand at the stock trade and reap the rewards at Moneyfarm.
robert-dyas listed on couponmatrix.ukIf you're looking for a one-stop shop for all of your kitchen and garden needs, look no further than Robert Dyas. It stocks the best appliances and home essentials - and with a Robert Dyas discount code from us, finding that perfect bargain is easy. Whether you are looking for an incredible discount on garden furniture or that once in a lifetime deal on electrical kitchen products, you'll want to check out these amazing deals and benefit from those savings.
voxi listed on couponmatrix.ukFor those who love their entertainment on the fly, VOXI is the mobile network to get your daily dose of fun and not worry about using up your data. Thanks to a wealth of competitive mobile phone plans, you can use VOXI deals to browse, stream and listen without compromise for a minimal price. Bolstered by a store of top quality phone brands including Apple, Huawei and Samsung, you can get enjoy a whole new flexible mobile experience in a single shop.