Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $103.50.
OLLI has been the topic of a number of analyst reports. Royal Bank Of Canada upped their price target on Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the company an “outperform” rating in a research report on Thursday, September 3rd. Morgan Stanley decreased their price objective on shares of Ollie’s Bargain Outlet from $108.00 to $98.00 and set an “equal weight” rating for the company in a research report on Thursday, September 3rd. Wells Fargo & Company set a $98.00 price target on Ollie’s Bargain Outlet in a report on Thursday, September 3rd. Citigroup decreased their target price on Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Friday, September 4th. Finally, Weiss Ratings raised Ollie’s Bargain Outlet from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th.
View Our Latest Research Report on OLLI
Institutional Trading of Ollie’s Bargain Outlet
Institutional investors and hedge funds have recently modified their holdings of the business. Jupiter Topco LLC bought a new stake in shares of Ollie’s Bargain Outlet in the 2nd quarter worth approximately $2,066,000. VELA Investment Management LLC purchased a new position in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at $1,856,000. WINTON GROUP Ltd grew its stake in shares of Ollie’s Bargain Outlet by 46.5% during the 2nd quarter. WINTON GROUP Ltd now owns 67,584 shares of the company’s stock worth $5,196,000 after acquiring an additional 21,437 shares during the period. Baird Financial Group Inc. bought a new stake in Ollie’s Bargain Outlet in the 2nd quarter valued at about $13,344,000. Finally, Public Employees Retirement System of Ohio bought a new position in Ollie’s Bargain Outlet in the 2nd quarter worth approximately $1,381,000.
Ollie’s Bargain Outlet Stock Performance
Shares of OLLI stock opened at $87.72 on Wednesday. The stock has a 50 day simple moving average of $81.29 and a 200 day simple moving average of $79.50. The stock has a market cap of $5.21 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 1.45 and a beta of 0.41. Ollie’s Bargain Outlet has a 1 year low of $60.29 and a 1 year high of $130.40.
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.12 by $0.30. The business had revenue of $741.31 million during the quarter, compared to the consensus estimate of $747.71 million. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Analysts forecast that Ollie’s Bargain Outlet will post 4.61 EPS for the current year.
Ollie’s Bargain Outlet Company Profile
Ollie’s Bargain Outlet Holdings, Inc operates Ollie’s Bargain Outlet, a U.S. retailer specializing in closeout, excess, and salvage merchandise. Its stores offer a constantly changing assortment of brand-name and private-label products at discounted prices, with inventory varying according to available purchasing opportunities.
The company’s product categories generally include housewares, food, health and beauty products, toys, books, electronics, clothing, hardware, seasonal merchandise, and home furnishings.
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