Press coverage about Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) has trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ollie’s Bargain Outlet Holdings earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.5175845944681 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Ollie’s Bargain Outlet Holdings (OLLI) traded up 0.67% during trading on Friday, hitting $45.35. 296,193 shares of the stock traded hands. Ollie’s Bargain Outlet Holdings has a 12 month low of $24.12 and a 12 month high of $46.08. The stock has a market cap of $2.77 billion, a PE ratio of 42.78 and a beta of 0.15. The firm’s 50-day moving average price is $42.39 and its 200-day moving average price is $36.96.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last released its quarterly earnings results on Wednesday, May 31st. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Ollie’s Bargain Outlet Holdings had a net margin of 7.25% and a return on equity of 10.11%. The firm had revenue of $227.60 million during the quarter, compared to analysts’ expectations of $220.56 million. During the same period in the previous year, the company earned $0.20 EPS. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. Analysts anticipate that Ollie’s Bargain Outlet Holdings will post $1.17 EPS for the current year.

OLLI has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating and set a $37.00 price objective on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, May 25th. MKM Partners downgraded shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “neutral” rating and set a $39.00 price objective for the company. in a research note on Tuesday, May 30th. Piper Jaffray Companies set a $48.00 price objective on shares of Ollie’s Bargain Outlet Holdings and gave the company a “buy” rating in a research note on Thursday, June 1st. Credit Suisse Group reaffirmed a “hold” rating on shares of Ollie’s Bargain Outlet Holdings in a research note on Sunday, June 4th. Finally, BidaskClub downgraded shares of Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Ollie’s Bargain Outlet Holdings has an average rating of “Buy” and an average price target of $39.60.

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In related news, SVP Kevin Mclain sold 20,000 shares of Ollie’s Bargain Outlet Holdings stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $43.05, for a total transaction of $861,000.00. Following the completion of the transaction, the senior vice president now directly owns 20,000 shares of the company’s stock, valued at approximately $861,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Kenneth Robert Bertram sold 6,000 shares of Ollie’s Bargain Outlet Holdings stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $43.25, for a total transaction of $259,500.00. Following the transaction, the vice president now directly owns 6,000 shares of the company’s stock, valued at $259,500. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,500 shares of company stock valued at $1,570,005. 22.25% of the stock is owned by corporate insiders.

About Ollie’s Bargain Outlet Holdings

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

Insider Buying and Selling by Quarter for Ollie`s Bargain Outlet Holdings (NASDAQ:OLLI)

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