Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give Ollie’s Bargain Outlet a “Moderate Buy” consensus: 13 of 17 analysts rate the stock a buy, while four recommend holding it. The average 12-month price target is $107.29.
• The stock opened at $75.42, with a market capitalization of $4.56 billion and a 52-week range of $60.29 to $139.21; shares were reported up 4.1%.
• Ollie’s exceeded quarterly EPS expectations, reporting $0.91 versus the $0.87 consensus, while revenue rose 14.2% year over year to $658.93 million, slightly below estimates.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) has earned an average rating of "Moderate Buy" from the seventeen research firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $107.2857.

Several research analysts recently commented on the stock. Loop Capital restated a "buy" rating and issued a $135.00 price target on shares of Ollie's Bargain Outlet in a report on Thursday, June 4th. Wells Fargo & Company decreased their price objective on shares of Ollie's Bargain Outlet from $115.00 to $100.00 and set an "overweight" rating for the company in a research note on Monday, August 17th. UBS Group dropped their price objective on shares of Ollie's Bargain Outlet from $87.00 to $85.00 and set a "neutral" rating for the company in a research report on Thursday. KeyCorp reduced their target price on shares of Ollie's Bargain Outlet from $140.00 to $98.00 and set an "overweight" rating on the stock in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of Ollie's Bargain Outlet from $70.00 to $73.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 18th.

Ollie's Bargain Outlet Stock Up 4.1%

Shares of NASDAQ:OLLI opened at $75.42 on Tuesday. The company has a market capitalization of $4.56 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.28 and a beta of 0.46. Ollie's Bargain Outlet has a 52-week low of $60.29 and a 52-week high of $139.21. The stock's fifty day simple moving average is $72.24 and its 200-day simple moving average is $85.05.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $658.93 million during the quarter, compared to the consensus estimate of $661.65 million. Ollie's Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.Ollie's Bargain Outlet's revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 EPS. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts anticipate that Ollie's Bargain Outlet will post 4.44 earnings per share for the current year.

Institutional Trading of Ollie's Bargain Outlet

Several large investors have recently modified their holdings of OLLI. Allworth Financial LP increased its holdings in Ollie's Bargain Outlet by 301.8% in the third quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after buying an additional 166 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in Ollie's Bargain Outlet by 218.8% during the 4th 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 last quarter. Northwestern Mutual Wealth Management Co. grew 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 worth $31,000 after acquiring an additional 92 shares in the last quarter. Quarry LP acquired a new position in shares of Ollie's Bargain Outlet in the 3rd quarter worth approximately $55,000. Finally, CENTRAL TRUST Co increased its holdings 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 during the last quarter.

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.

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