Demystifying Ollie's Bargain Outlet: Insights From 16 Analyst Reviews
16 analysts have shared their evaluations of Ollie's Bargain Outlet (NASDAQ:OLLI) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 3 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 2 | 3 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 1 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $94.94, a high estimate of $105.00, and a low estimate of $80.00. Surpassing the previous average price target of $87.60, the current average has increased by 8.38%.
Decoding Analyst Ratings: A Detailed Look
The standing of Ollie's Bargain Outlet among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Edward Kelly | Wells Fargo | Raises | Overweight | $100.00 | $85.00 |
| Mark Carden | UBS | Raises | Neutral | $97.00 | $95.00 |
| Scot Ciccarelli | Truist Securities | Raises | Buy | $102.00 | $86.00 |
| Jeremy Hamblin | Craig-Hallum | Raises | Buy | $105.00 | $100.00 |
| Anthony Chukumba | Loop Capital | Raises | Buy | $100.00 | $90.00 |
| Matthew Boss | JP Morgan | Raises | Neutral | $89.00 | $85.00 |
| Simeon Gutman | Morgan Stanley | Raises | Equal-Weight | $92.00 | $80.00 |
| Jason Haas | B of A Securities | Raises | Buy | $102.00 | $92.00 |
| Steven Shemesh | RBC Capital | Raises | Outperform | $101.00 | $86.00 |
| Scot Ciccarelli | Truist Securities | Raises | Buy | $86.00 | $80.00 |
| Anthony Chukumba | Loop Capital | Raises | Buy | $90.00 | $80.00 |
| Scot Ciccarelli | Truist Securities | Raises | Hold | $80.00 | $78.00 |
| Jeremy Hamblin | Craig-Hallum | Raises | Buy | $100.00 | $98.00 |
| Kate McShane | Goldman Sachs | Raises | Buy | $104.00 | $91.00 |
| Steven Shemesh | RBC Capital | Maintains | Outperform | $86.00 | - |
| Matthew Boss | JP Morgan | Lowers | Neutral | $85.00 | $88.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ollie's Bargain Outlet. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ollie's Bargain Outlet compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ollie's Bargain Outlet's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Ollie's Bargain Outlet's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Ollie's Bargain Outlet analyst ratings.
Discovering Ollie's Bargain Outlet: A Closer Look
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and consistent store performance for the company.
Financial Milestones: Ollie's Bargain Outlet's Journey
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Ollie's Bargain Outlet's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.82% as of 30 April, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Ollie's Bargain Outlet's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.11%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Ollie's Bargain Outlet's ROE excels beyond industry benchmarks, reaching 3.05%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.01%, the company showcases effective utilization of assets.
Debt Management: Ollie's Bargain Outlet's debt-to-equity ratio is below the industry average. With a ratio of 0.32, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.