During the last three months, 4 analysts shared their evaluations of Ollie's Bargain Outlet OLLI, revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 1 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $85.5, along with a high estimate of $95.00 and a low estimate of $78.00. Observing a 2.09% increase, the current average has risen from the previous average price target of $83.75.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Ollie's Bargain Outlet by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Scot Ciccarelli | Truist Securities | Lowers | Hold | $78.00 | $84.00 |
Steven Shemesh | RBC Capital | Raises | Outperform | $86.00 | $84.00 |
Mark Carden | UBS | Raises | Neutral | $95.00 | $92.00 |
Kate McShane | Goldman Sachs | Raises | Buy | $83.00 | $75.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ollie's Bargain Outlet. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Ollie's Bargain Outlet compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Ollie's Bargain Outlet's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Ollie's Bargain Outlet's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Ollie's Bargain Outlet analyst ratings.
All You Need to Know About Ollie's Bargain Outlet
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 strategy is characterized by a unique, 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 strong and consistent store performance for the company.
A Deep Dive into Ollie's Bargain Outlet's Financials
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Ollie's Bargain Outlet displayed positive results in 3 months. As of 31 October, 2023, the company achieved a solid revenue growth rate of approximately 14.82%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 6.62%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ollie's Bargain Outlet's ROE excels beyond industry benchmarks, reaching 2.23%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Ollie's Bargain Outlet's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.46% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Ollie's Bargain Outlet's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.34.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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