Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Receives Average Recommendation of “Moderate Buy” from Analysts

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has been assigned an average rating of “Moderate Buy” from the seventeen analysts that are presently covering the firm, MarketBeat.com reports. Four investment 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 analysts that have issued a report on the stock in the last year is $113.1333.

Several research analysts have issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $70.00 price objective (down from $152.00) on shares of Ollie’s Bargain Outlet in a research note on Wednesday, July 8th. Citigroup decreased their target price on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Truist Financial cut their target price on Ollie’s Bargain Outlet from $112.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Finally, Gordon Haskett reaffirmed an “accumulate” rating and set a $90.00 target price (down from $100.00) on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th.

Institutional Trading of Ollie’s Bargain Outlet

Several institutional investors and hedge funds have recently bought and sold shares of OLLI. Cornerstone Planning Group LLC boosted its holdings in shares of Ollie’s Bargain Outlet by 218.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after buying an additional 175 shares during the period. Allworth Financial LP raised its holdings in shares of Ollie’s Bargain Outlet by 301.8% during the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares during the period. Maseco LLP purchased a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after acquiring an additional 92 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of Ollie’s Bargain Outlet by 131.6% in the 1st quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock valued at $44,000 after acquiring an additional 271 shares in the last quarter.

Ollie’s Bargain Outlet Stock Performance

NASDAQ:OLLI opened at $66.51 on Monday. The company has a 50-day moving average of $75.63 and a 200-day moving average of $93.55. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 16.42, a price-to-earnings-growth ratio of 1.17 and a beta of 0.47. Ollie’s Bargain Outlet has a twelve month low of $60.29 and a twelve month high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The business had revenue of $658.93 million for the quarter, compared to the consensus estimate of $661.65 million. During the same period in the previous year, the firm earned $0.75 EPS. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, research analysts forecast that Ollie’s Bargain Outlet will post 4.45 earnings per share for the current year.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.