Ollie's Bargain Outlet (NASDAQ:OLLI) Hits New 52-Week Low - What's Next?

Key Points

• Shares hit a new 52-week low, trading as low as $97.25 and last at $96.41 on Monday, down about 3.7% amid heavy volume.
• Despite the decline, analysts remain mostly bullish with a consensus rating of "Moderate Buy" and an average price target of $141.50 (13 Buys, 3 Holds).
• Ollie's slightly beat EPS ($1.39 vs. $1.38) but narrowly missed revenue estimates, reported revenue up 16.8% year‑over‑year, and issued FY2026 guidance of $4.40–$4.50 EPS.

Shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) reached a new 52-week low on Monday . The company traded as low as $97.25 and last traded at $96.4140, with a volume of 321953 shares changing hands. The stock had previously closed at $98.96.

Analysts Set New Price Targets

A number of research firms have recently issued reports on OLLI. The Goldman Sachs Group reaffirmed a "buy" rating and set a $162.00 price objective on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Craig Hallum restated a "buy" rating and issued a $157.00 target price on shares of Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ollie's Bargain Outlet in a report on Wednesday, December 10th. Bank of America reiterated a "buy" rating on shares of Ollie's Bargain Outlet in a research note on Friday, March 13th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Ollie's Bargain Outlet presently has a consensus rating of "Moderate Buy" and an average target price of $141.50.

Ollie's Bargain Outlet Stock Down 3.7%

The business has a 50 day moving average price of $109.77 and a 200 day moving average price of $118.09. The stock has a market cap of $5.81 billion, a PE ratio of 24.43, a P/E/G ratio of 1.73 and a beta of 0.53.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. The company had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. Ollie's Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.Ollie's Bargain Outlet's quarterly revenue was up 16.8% compared to the same quarter last year. During the same period last year, the company earned $1.19 earnings per share. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, research analysts predict that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Insider Buying and Selling at Ollie's Bargain Outlet

In other Ollie's Bargain Outlet news, Chairman John W. Swygert sold 1,126 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $112.06, for a total value of $126,179.56. Following the sale, the chairman directly owned 48,200 shares of the company's stock, valued at approximately $5,401,292. This represents a 2.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.87% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in Ollie's Bargain Outlet by 315.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company's stock valued at $187,117,000 after buying an additional 1,296,672 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Ollie's Bargain Outlet in the 3rd quarter valued at approximately $136,152,000. Invesco Ltd. raised its holdings in Ollie's Bargain Outlet by 55.5% during the second quarter. Invesco Ltd. now owns 2,552,605 shares of the company's stock worth $336,382,000 after purchasing an additional 911,364 shares during the last quarter. Norges Bank purchased a new stake in Ollie's Bargain Outlet during the fourth quarter worth $85,845,000. Finally, Hood River Capital Management LLC grew its holdings in Ollie's Bargain Outlet by 165.4% in the second quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company's stock valued at $163,452,000 after purchasing an additional 773,013 shares during the last quarter.

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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