Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts rate Ollie’s Bargain Outlet a “Moderate Buy.” Thirteen of 17 analysts recommend buying the stock, while four rate it a hold; the average 12-month price target is $102.43.
• Ollie’s reported quarterly EPS of $1.42, exceeding estimates of $1.12, while revenue rose 9.1% year over year to $741.31 million but fell slightly short of expectations.
• Institutional investors increased their exposure to OLLI, including Capital World Investors, Stephens Investment Management Group and Baird Financial Group, which initiated or expanded positions.

Shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seventeen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $102.43.

A number of research firms have recently commented on OLLI. JPMorgan Chase & Co. boosted their target price 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. Royal Bank Of Canada raised their price target on shares of Ollie's Bargain Outlet from $121.00 to $124.00 and gave the company an "outperform" rating 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 note on Friday, September 4th. Weiss Ratings lowered shares of Ollie's Bargain Outlet from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 16th. Finally, Gordon Haskett reissued an "accumulate" rating and issued a $90.00 price objective (down from $100.00) on shares of Ollie's Bargain Outlet in a research report on Thursday, June 4th.

Ollie's Bargain Outlet Stock Performance

Shares of NASDAQ:OLLI opened at $84.25 on Friday. The business's 50-day simple moving average is $74.96 and its 200 day simple moving average is $80.90. The company has a market cap of $5.00 billion, a P/E ratio of 18.81, a PEG ratio of 1.39 and a beta of 0.50. Ollie's Bargain Outlet has a one year low of $60.29 and a one year high of $134.80.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.30. Ollie's Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The firm had revenue of $741.31 million during the quarter, compared to analysts' expectations of $747.71 million. During the same quarter in the prior year, the business earned $0.99 EPS. Ollie's Bargain Outlet's quarterly revenue was up 9.1% compared to the same quarter last year. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. Analysts predict that Ollie's Bargain Outlet will post 4.61 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OLLI. Jupiter Topco LLC bought a new position in shares of Ollie's Bargain Outlet during the second quarter valued at approximately $2,066,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Ollie's Bargain Outlet during the 2nd quarter worth approximately $1,381,000. Baird Financial Group Inc. bought a new stake in shares of Ollie's Bargain Outlet in the 2nd quarter worth approximately $13,344,000. Capital World Investors lifted its holdings in shares of Ollie's Bargain Outlet by 76.5% in the 4th quarter. Capital World Investors now owns 695,464 shares of the company's stock worth $76,230,000 after purchasing an additional 301,332 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its position in Ollie's Bargain Outlet by 32.8% during the 1st quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company's stock valued at $103,661,000 after purchasing an additional 277,870 shares during the period.

About Ollie's Bargain Outlet

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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