Ollie’s Bargain Outlet (NASDAQ:OLLI) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, December 10th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Shares of OLLI opened at $59.00 on Tuesday. The business’s 50 day moving average is $64.11 and its two-hundred day moving average is $75.92. Ollie’s Bargain Outlet has a 52-week low of $53.60 and a 52-week high of $103.03. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 32.24, a PEG ratio of 1.55 and a beta of 0.87. The company has a quick ratio of 0.41, a current ratio of 2.13 and a debt-to-equity ratio of 0.26.
OLLI has been the topic of a number of recent analyst reports. Bank of America cut their target price on Ollie’s Bargain Outlet from $110.00 to $75.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $60.00 target price (down from $85.00) on shares of Ollie’s Bargain Outlet in a research report on Thursday, August 29th. Royal Bank of Canada raised Ollie’s Bargain Outlet from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $65.00 to $67.00 in a research report on Tuesday, October 15th. Morgan Stanley lowered their price target on Ollie’s Bargain Outlet from $89.00 to $70.00 and set an “equal weight” rating for the company in a report on Friday, August 30th. Finally, Citigroup lowered their price target on Ollie’s Bargain Outlet from $95.00 to $65.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $80.00.
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, health and beauty 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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