Media stories about Ollie’s Bargain Outlet (NASDAQ:OLLI) have been trending positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ollie’s Bargain Outlet earned a daily sentiment score of 0.33 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.7560137910728 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
Shares of Ollie’s Bargain Outlet stock opened at $72.55 on Thursday. Ollie’s Bargain Outlet has a twelve month low of $40.90 and a twelve month high of $77.50. The firm has a market capitalization of $4.58 billion, a P/E ratio of 58.04, a PEG ratio of 1.87 and a beta of 0.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.25 and a current ratio of 2.18.
Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its earnings results on Tuesday, June 5th. The company reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.04. Ollie’s Bargain Outlet had a return on equity of 12.06% and a net margin of 12.36%. The firm had revenue of $275.70 million for the quarter, compared to analysts’ expectations of $267.27 million. During the same quarter last year, the firm earned $0.25 earnings per share. The firm’s revenue for the quarter was up 21.1% compared to the same quarter last year. equities research analysts predict that Ollie’s Bargain Outlet will post 1.71 EPS for the current year.
A number of equities research analysts have recently commented on the company. Bank of America downgraded Ollie’s Bargain Outlet from a “neutral” rating to an “underperform” rating in a research report on Thursday. BidaskClub raised Ollie’s Bargain Outlet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 21st. Loop Capital assumed coverage on Ollie’s Bargain Outlet in a research report on Monday, June 18th. They issued a “hold” rating and a $75.00 price objective for the company. Citigroup lifted their price objective on Ollie’s Bargain Outlet from $43.00 to $46.00 and gave the company a “sell” rating in a research report on Thursday, June 7th. Finally, Royal Bank of Canada lifted their price objective on Ollie’s Bargain Outlet from $69.00 to $79.00 and gave the company an “outperform” rating in a research report on Thursday, June 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Ollie’s Bargain Outlet has a consensus rating of “Buy” and a consensus target price of $67.63.
In other Ollie’s Bargain Outlet news, VP Kenneth Robert Bertram sold 7,500 shares of the business’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $74.41, for a total transaction of $558,075.00. Following the transaction, the vice president now owns 25,708 shares in the company, valued at $1,912,932.28. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Kevin Mclain sold 12,667 shares of the business’s stock in a transaction dated Monday, June 11th. The stock was sold at an average price of $72.64, for a total value of $920,130.88. Following the transaction, the senior vice president now owns 5,750 shares in the company, valued at approximately $417,680. The disclosure for this sale can be found here. Insiders sold 395,167 shares of company stock worth $29,565,706 in the last quarter. 20.27% of the stock is owned by insiders.
Ollie’s Bargain Outlet Company Profile
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, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.
Receive News & Ratings for Ollie's Bargain Outlet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ollie's Bargain Outlet and related companies with MarketBeat.com's FREE daily email newsletter.