Zacks Research Issues Pessimistic Forecast for OLLI Earnings

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) - Analysts at Zacks Research cut their Q4 2026 earnings per share estimates for Ollie's Bargain Outlet in a note issued to investors on Tuesday, June 17th. Zacks Research analyst S. Singh now anticipates that the company will post earnings of $1.35 per share for the quarter, down from their previous estimate of $1.40. The consensus estimate for Ollie's Bargain Outlet's current full-year earnings is $3.29 per share. Zacks Research also issued estimates for Ollie's Bargain Outlet's Q1 2028 earnings at $0.95 EPS and FY2028 earnings at $4.72 EPS.

A number of other equities research analysts also recently issued reports on the stock. UBS Group increased their price objective on shares of Ollie's Bargain Outlet from $117.00 to $123.00 and gave the stock a "neutral" rating in a research note on Thursday, March 20th. Truist Financial increased their price objective on shares of Ollie's Bargain Outlet from $126.00 to $128.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Morgan Stanley lifted their price target on Ollie's Bargain Outlet from $108.00 to $118.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Wall Street Zen upgraded Ollie's Bargain Outlet from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Finally, Piper Sandler restated an "overweight" rating and set a $123.00 price objective (down from $124.00) on shares of Ollie's Bargain Outlet in a research report on Wednesday, June 4th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $124.50.

Ollie's Bargain Outlet Trading Up 1.2%

NASDAQ OLLI traded up $1.50 during midday trading on Thursday, hitting $121.82. The company had a trading volume of 1,114,653 shares, compared to its average volume of 1,161,550. The company has a market capitalization of $7.47 billion, a PE ratio of 37.48, a P/E/G ratio of 2.74 and a beta of 0.37. Ollie's Bargain Outlet has a twelve month low of $86.05 and a twelve month high of $122.16. The firm has a 50-day moving average price of $112.81 and a 200-day moving average price of $109.59.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.05. The firm had revenue of $576.77 million during the quarter, compared to analysts' expectations of $565.04 million. Ollie's Bargain Outlet had a return on equity of 12.27% and a net margin of 8.59%. The company's quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Van ECK Associates Corp increased its stake in shares of Ollie's Bargain Outlet by 36.5% in the fourth quarter. Van ECK Associates Corp now owns 46,659 shares of the company's stock valued at $5,120,000 after buying an additional 12,476 shares during the period. Blue Trust Inc. boosted its holdings in Ollie's Bargain Outlet by 55.2% in the fourth quarter. Blue Trust Inc. now owns 284 shares of the company's stock valued at $31,000 after acquiring an additional 101 shares during the last quarter. Rhumbline Advisers increased its position in Ollie's Bargain Outlet by 2.3% during the 4th quarter. Rhumbline Advisers now owns 163,565 shares of the company's stock valued at $17,948,000 after purchasing an additional 3,691 shares during the period. Principal Securities Inc. raised its holdings in Ollie's Bargain Outlet by 123.1% during the 4th quarter. Principal Securities Inc. now owns 1,314 shares of the company's stock worth $144,000 after purchasing an additional 725 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Ollie's Bargain Outlet by 1.0% in the 4th quarter. Sanctuary Advisors LLC now owns 17,301 shares of the company's stock worth $1,953,000 after purchasing an additional 166 shares during the period.

Insider Activity

In other news, CEO Der Valk Eric Van sold 728 shares of the firm's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $112.85, for a total transaction of $82,154.80. Following the completion of the transaction, the chief executive officer now owns 7,761 shares of the company's stock, valued at approximately $875,828.85. This trade represents a 8.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Fisch sold 6,250 shares of Ollie's Bargain Outlet stock in a transaction on Monday, March 24th. The stock was sold at an average price of $108.08, for a total transaction of $675,500.00. Following the transaction, the director now owns 22,159 shares in the company, valued at approximately $2,394,944.72. This trade represents a 22.00% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,625 shares of company stock worth $4,310,125. Insiders own 0.75% of the company's stock.

Ollie's Bargain Outlet Company Profile

Ollie's Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company's products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.