Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Stock Has Consensus Target Price of $102.43 According to Brokerages

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Free Report) has been given a consensus rating of “Moderate Buy” by the seventeen analysts that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $102.43.

A number of research analysts recently weighed in on the company. Morgan Stanley cut their price objective on Ollie’s Bargain Outlet from $108.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 3rd. Weiss Ratings cut Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Wells Fargo & Company set a $98.00 price target on Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Citigroup dropped their price target on shares of Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating on the stock in a research report on Friday, September 4th. Finally, Royal Bank Of Canada boosted their price objective on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the stock an “outperform” rating in a research note on Thursday, September 3rd.

Get Our Latest Research Report on Ollie’s Bargain Outlet

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. CENTRAL TRUST Co grew its position in shares of Ollie’s Bargain Outlet by 131.6% in the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock valued at $44,000 after purchasing an additional 271 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Ollie’s Bargain Outlet by 190.5% in the first quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock worth $45,000 after purchasing an additional 320 shares during the period. GAMMA Investing LLC increased its stake in shares of Ollie’s Bargain Outlet by 13.2% in the second quarter. GAMMA Investing LLC now owns 1,632 shares of the company’s stock worth $125,000 after purchasing an additional 190 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Ollie’s Bargain Outlet by 21.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,798 shares of the company’s stock worth $165,000 after purchasing an additional 318 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its position in shares of Ollie’s Bargain Outlet by 3,863.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,942 shares of the company’s stock worth $213,000 after purchasing an additional 1,893 shares during the last quarter.

Ollie’s Bargain Outlet Trading Up 1.5%

Shares of NASDAQ:OLLI opened at $85.53 on Friday. The stock has a market capitalization of $5.08 billion, a PE ratio of 19.09, a P/E/G ratio of 1.39 and a beta of 0.50. Ollie’s Bargain Outlet has a 1 year low of $60.29 and a 1 year high of $133.35. The firm has a fifty day moving average price of $75.32 and a 200 day moving average price of $80.57.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.30. The company had revenue of $741.31 million for the quarter, compared to analyst estimates of $747.71 million. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The business’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $0.99 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, sell-side analysts forecast that Ollie’s Bargain Outlet will post 4.61 earnings per share for the current fiscal year.

About Ollie’s Bargain Outlet

(Get Free Report)

Ollie’s Bargain Outlet Holdings, Inc operates a chain of value-oriented retail stores under the Ollie’s Bargain Outlet name. The company purchases closeout, excess, overstock, discontinued and salvage merchandise from manufacturers, distributors and other retailers, allowing it to offer products at discounted prices.

Its merchandise assortment typically includes housewares, food, hardware, toys, seasonal goods, apparel, health and personal-care products, books, flooring and other home-related items.

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Analyst Recommendations for Ollie's Bargain Outlet (NASDAQ:OLLI)

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