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

Key Points

• Analysts remain moderately bullish: Thirteen of 17 brokerages rate Ollie’s Bargain Outlet a buy, while four recommend holding the stock. The average 12-month price target is $111.07, despite several firms recently cutting their targets.
• Shares are trading well below their annual high: OLLI opened at $77.97, compared with a 52-week range of $60.29 to $141.08. JPMorgan’s target fell sharply to $70, while other targets range from $80 to $121.
• Quarterly results showed mixed performance: Earnings per share reached $0.91, beating estimates of $0.87, while revenue of $658.93 million fell slightly short of expectations but increased 14.2% year over year. The company guided to fiscal 2026 EPS of $4.45–$4.55.

Shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seventeen brokerages that are covering the stock, Marketbeat 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 objective among brokerages that have updated their coverage on the stock in the last year is $111.0667.

A number of brokerages have recently weighed in on OLLI. Truist Financial cut their target price on shares of Ollie's Bargain Outlet from $112.00 to $80.00 and set a "buy" rating on the stock in a research note on Thursday, July 9th. Piper Sandler set a $114.00 price target on shares of Ollie's Bargain Outlet in a research note on Wednesday, June 3rd. Royal Bank Of Canada lowered their price objective on shares of Ollie's Bargain Outlet from $152.00 to $121.00 and set an "outperform" rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group cut their price objective on Ollie's Bargain Outlet from $129.00 to $112.00 and set a "buy" rating on the stock in a research report on Monday, June 29th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $70.00 target price (down from $152.00) on shares of Ollie's Bargain Outlet in a report on Wednesday, July 8th.

Institutional Investors Weigh In On Ollie's Bargain Outlet

Several hedge funds have recently made changes to their positions in OLLI. Wasatch Advisors LP raised its holdings in Ollie's Bargain Outlet by 45.9% in the second quarter. Wasatch Advisors LP now owns 4,362,067 shares of the company's stock worth $335,356,000 after purchasing an additional 1,371,744 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Ollie's Bargain Outlet by 17.2% during the 3rd quarter. Invesco Ltd. now owns 2,992,848 shares of the company's stock valued at $384,282,000 after buying an additional 440,243 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Ollie's Bargain Outlet by 315.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company's stock worth $187,117,000 after buying an additional 1,296,672 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Ollie's Bargain Outlet by 6.1% in the 1st 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 period. Finally, Geode Capital Management LLC increased its stake in shares of Ollie's Bargain Outlet by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 1,217,762 shares of the company's stock worth $133,504,000 after acquiring an additional 56,948 shares in the last quarter.

Ollie's Bargain Outlet Trading Down 0.5%

NASDAQ OLLI opened at $77.97 on Friday. The firm has a market cap of $4.71 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 1.38 and a beta of 0.46. Ollie's Bargain Outlet has a 1-year low of $60.29 and a 1-year high of $141.08. The stock has a 50-day moving average of $73.21 and a 200-day moving average of $89.24.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its earnings results on Wednesday, June 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Ollie's Bargain Outlet had a return on equity of 13.43% and a net margin of 9.13%.The company had revenue of $658.93 million for the quarter, compared to analysts' expectations of $661.65 million. During the same period last year, the firm earned $0.75 earnings per share. Ollie's Bargain Outlet's quarterly revenue 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. As a group, equities research analysts forecast that Ollie's Bargain Outlet will post 4.45 earnings per share for the current fiscal year.

About Ollie's Bargain Outlet

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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