Ollie’s Bargain Outlet Holdings, Inc. (OLLI) – What Are Researchers Thinking About This Stock?

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $103.57.

Several research firms have recently commented on OLLI. KeyCorp reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research note on Thursday, September 3rd. The Goldman Sachs Group reduced their target price on Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Weiss Ratings raised Ollie’s Bargain Outlet from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Morgan Stanley dropped their target price on Ollie’s Bargain Outlet from $108.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 3rd. Finally, Craig Hallum reiterated a “buy” rating and issued a $120.00 target price on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd.

Ollie’s Bargain Outlet Stock Performance

OLLI opened at $84.72 on Wednesday. The firm’s 50-day moving average price is $81.64 and its 200-day moving average price is $87.81. Ollie’s Bargain Outlet has a 52-week low of $60.29 and a 52-week high of $130.40.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.30. The company had revenue of $741.31 million for the quarter, compared to analysts’ expectations of $747.71 million. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. On average, analysts expect that Ollie’s Bargain Outlet will post 4.61 EPS for the current year.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Ollie’s Bargain Outlet during the 2nd quarter valued at about $430,204,000. Wasatch Advisors LP lifted its holdings in shares of Ollie’s Bargain Outlet by 45.9% in the 2nd quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company’s stock valued at $335,356,000 after buying an additional 1,371,744 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Ollie’s Bargain Outlet by 6.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,272,306 shares of the company’s stock worth $117,098,000 after buying an additional 72,781 shares during the last quarter. Stephens Investment Management Group LLC boosted its stake in shares of Ollie’s Bargain Outlet by 32.8% in the first quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company’s stock worth $103,661,000 after buying an additional 277,870 shares during the last quarter. Finally, Primecap Management Co. CA acquired a new stake in Ollie’s Bargain Outlet during the second quarter worth about $67,338,000.

About Ollie’s Bargain Outlet

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.