Ollie's Bargain Outlet (NASDAQ:OLLI) Releases FY 2025 Earnings Guidance

Key Points

• Ollie's Bargain Outlet (NASDAQ:OLLI) provided its FY 2025 earnings guidance, projecting EPS between 3.760 and 3.840 and maintaining revenue guidance of $2.6 billion, in line with analyst expectations.
• Analysts have varying outlooks on the stock, with Piper Sandler raising its target price to $150.00 while Loop Capital downgraded it to a "hold" with a target of $130.00.
• In the recent quarterly earnings report, Ollie's surpassed consensus EPS estimates, reporting $0.99, showcasing a net margin of 8.59% and a return on equity of 12.27%.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.760-3.840 for the period, compared to the consensus EPS estimate of 3.740. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

Ollie's Bargain Outlet Price Performance

Shares of OLLI opened at $130.60 on Thursday. Ollie's Bargain Outlet has a 1-year low of $86.29 and a 1-year high of $141.74. The company has a market capitalization of $8.01 billion, a P/E ratio of 40.18, a P/E/G ratio of 2.93 and a beta of 0.40. The firm's 50 day simple moving average is $132.45 and its 200 day simple moving average is $117.29.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.08. Ollie's Bargain Outlet had a net margin of 8.59% and a return on equity of 12.27%. Ollie's Bargain Outlet has set its FY 2025 guidance at 3.760-3.840 EPS. On average, equities analysts anticipate that Ollie's Bargain Outlet will post 3.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Piper Sandler lifted their target price on shares of Ollie's Bargain Outlet from $123.00 to $150.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 19th. Loop Capital lowered Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and set a $130.00 price objective for the company. in a research report on Tuesday, June 24th. Truist Financial upped their price target on shares of Ollie's Bargain Outlet from $128.00 to $146.00 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Wall Street Zen raised Ollie's Bargain Outlet from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Ollie's Bargain Outlet from $137.00 to $159.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $132.62.

Insider Activity

In related news, CEO Der Valk Eric Van sold 728 shares of the company's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $112.85, for a total transaction of $82,154.80. Following the transaction, the chief executive officer directly owned 7,761 shares in the company, valued at approximately $875,828.85. This represents a 8.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.75% of the company's stock.

Institutional Trading of Ollie's Bargain Outlet

Several institutional investors and hedge funds have recently made changes to their positions in the business. Thrivent Financial for Lutherans increased its stake in Ollie's Bargain Outlet by 0.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company's stock worth $1,905,000 after buying an additional 91 shares during the period. Lazard Asset Management LLC raised its stake in shares of Ollie's Bargain Outlet by 5.8% during the second quarter. Lazard Asset Management LLC now owns 2,508 shares of the company's stock valued at $330,000 after acquiring an additional 138 shares in the last quarter. Vident Advisory LLC boosted its holdings in shares of Ollie's Bargain Outlet by 9.8% in the second quarter. Vident Advisory LLC now owns 2,272 shares of the company's stock valued at $299,000 after purchasing an additional 203 shares during the period. Rafferty Asset Management LLC grew its stake in Ollie's Bargain Outlet by 5.2% in the second quarter. Rafferty Asset Management LLC now owns 4,277 shares of the company's stock worth $564,000 after purchasing an additional 211 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in Ollie's Bargain Outlet by 13.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 2,600 shares of the company's stock worth $343,000 after purchasing an additional 313 shares during the period.

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.

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