Ollies Bargain Outlet Holdings (NASDAQ:OLLI) : 7 analysts are covering Ollies Bargain Outlet Holdings (NASDAQ:OLLI) and their average rating on the stock is 1.14, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Ollies Bargain Outlet Holdings (NASDAQ:OLLI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels.
Ollies Bargain Outlet Holdings (NASDAQ:OLLI) : The most positive equity analysts on Ollies Bargain Outlet Holdings (NASDAQ:OLLI) expects the shares to touch $30, whereas, the least positive believes that the stock will trade at $23 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $27.67 with an expected fluctuation of $2.73 from the mean.
For the current week, the company shares have a recommendation consensus of Buy.
Ollies Bargain Outlet Holdings (NASDAQ:OLLI): stock turned positive on Tuesday. Though the stock opened at $23.45, the bulls momentum made the stock top out at $24.01 level for the day. The stock recorded a low of $23.16 and closed the trading day at $23.97, in the green by 3.41%. The total traded volume for the day was 785,841. The stock had closed at $23.18 in the previous days trading.
In an insider trading activity, Hendrickson Thomas, director of Ollies Bargain Outlet Holdings, Inc., had purchased 1,950 shares on April 12, 2016. The total value of the transaction was $46,586. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Ollies Bargain Outlet Holdings, Inc. is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollies Bargain Outlet, Inc., offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware. It offers products under various brands, such as Ollies, Ollies Bargain Outlet, Ollies Army, Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states, including Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. It owns several domain names, including www.ollies.us, www.olliesbargainoutlet.com, www.olliesarmy.com, www.ollies.cheap, www.sarasotabreeze.com and www.olliesmail.com.