In the last three months, 15 analysts have published ratings on Ollie's Bargain Outlet OLLI, offering a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 6 | 2 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 5 | 3 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $120.87, with a high estimate of $135.00 and a low estimate of $95.00. Marking an increase of 13.95%, the current average surpasses the previous average price target of $106.07.
Interpreting Analyst Ratings: A Closer Look
The standing of Ollie's Bargain Outlet among financial experts is revealed through an in-depth exploration 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 |
|---|---|---|---|---|---|
| Steven Shemesh | RBC Capital | Maintains | Outperform | $130.00 | $130.00 |
| Anthony Chukumba | Loop Capital | Raises | Buy | $130.00 | $120.00 |
| Steven Zaccone | Citigroup | Raises | Buy | $133.00 | $64.00 |
| Edward Kelly | Wells Fargo | Raises | Equal-Weight | $105.00 | $95.00 |
| Anthony Chukumba | Loop Capital | Raises | Buy | $120.00 | $110.00 |
| Matthew Boss | JP Morgan | Raises | Overweight | $135.00 | $105.00 |
| Jeremy Hamblin | Craig-Hallum | Raises | Buy | $130.00 | $107.00 |
| Jason Haas | B of A Securities | Raises | Buy | $130.00 | $115.00 |
| Scot Ciccarelli | Truist Securities | Raises | Buy | $121.00 | $109.00 |
| Steven Shemesh | RBC Capital | Raises | Outperform | $130.00 | $120.00 |
| Peter Keith | Piper Sandler | Raises | Overweight | $126.00 | $107.00 |
| Edward Kelly | Wells Fargo | Lowers | Equal-Weight | $95.00 | $100.00 |
| Peter Keith | Piper Sandler | Maintains | Overweight | $107.00 | $107.00 |
| Steven Shemesh | RBC Capital | Raises | Outperform | $106.00 | $100.00 |
| Jason Haas | B of A Securities | Raises | Buy | $115.00 | $102.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ollie's Bargain Outlet. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning 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.
For valuable insights into Ollie's Bargain Outlet's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Ollie's Bargain Outlet analyst ratings.
Delving into Ollie's Bargain Outlet's Background
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.
Ollie's Bargain Outlet's Economic Impact: An Analysis
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Ollie's Bargain Outlet's remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 7.79%. This signifies a substantial 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 6.94%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ollie's Bargain Outlet's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.24%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Ollie's Bargain Outlet's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.48% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Ollie's Bargain Outlet's debt-to-equity ratio is below the industry average at 0.34, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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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