7/25/2023 0 Comments Olli stock![]() Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough April 3, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. ![]() Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 119, which puts it in the top 48% of all 250+ industries. The Consumer Products - Staples industry is part of the Consumer Staples sector. Consumer Products - Staples stocks are, on average, holding a PEG ratio of 2.27 based on yesterday's closing prices. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. For comparison, its industry has an average Forward P/E of 16, which means Ollie's Bargain Outlet is trading at a premium to the group.Īlso, we should mention that OLLI has a PEG ratio of 1.2. Looking at its valuation, Ollie's Bargain Outlet is holding a Forward P/E ratio of 26.06. Ollie's Bargain Outlet is currently a Zacks Rank #1 (Strong Buy). Over the past month, the Zacks Consensus EPS estimate has moved 0.36% higher. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). Our system takes these estimate changes into account and delivers a clear, actionable rating model. We developed the Zacks Rank to capitalize on this phenomenon. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. Recent revisions tend to reflect the latest near-term business trends. ![]() Investors should also note any recent changes to analyst estimates for Ollie's Bargain Outlet. These results would represent year-over-year changes of +58.64% and +11.82%, respectively. OLLI's full-year Zacks Consensus Estimates are calling for earnings of $2.57 per share and revenue of $2.04 billion. Meanwhile, our latest consensus estimate is calling for revenue of $450.86 million, up 10.87% from the prior-year quarter. This would mark year-over-year growth of 145%. In that report, analysts expect Ollie's Bargain Outlet to post earnings of $0.49 per share. ![]() Investors will be hoping for strength from Ollie's Bargain Outlet as it approaches its next earnings release. In that same time, the Consumer Staples sector gained 2.38%, while the S&P 500 lost 0.68%. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 1.39%.Ĭoming into today, shares of the retailer had gained 15.75% in the past month. This change was narrower than the S&P 500's 0.72% loss on the day. Ollie's Bargain Outlet ( OLLI Quick Quote OLLI - Free Report) closed at $66.52 in the latest trading session, marking a -0.52% move from the prior day. ![]()
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