Ollie's Bargain Outlet (NASDAQ:OLLI) Stock Rating Upgraded by Jefferies Financial Group

Key Points

• Jefferies upgraded Ollie's Bargain Outlet (NASDAQ:OLLI) from "hold" to "buy" with a $130 price target, implying roughly a 42.5% upside from the current share price.
• Analyst sentiment is generally positive—14 Buy ratings and 2 Holds—giving a consensus rating of Moderate Buy and an average price target of $141.14.
• Ollie's reported Q results of $1.39 EPS (beat by $0.01) and $779.3M revenue (slightly below expectations), with revenue up 16.8% year-over-year and FY2026 guidance of 4.400–4.500 EPS.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) was upgraded by stock analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a report released on Thursday, Marketbeat.com reports. The firm currently has a $130.00 target price on the stock. Jefferies Financial Group's target price indicates a potential upside of 42.48% from the stock's current price.

Other equities research analysts have also issued research reports about the company. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and lifted their price objective for the company from $130.00 to $135.00 in a research note on Monday, December 22nd. Sanford C. Bernstein restated an "outperform" rating on shares of Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Truist Financial set a $135.00 price target on Ollie's Bargain Outlet in a report on Friday, March 13th. Craig Hallum reiterated a "buy" rating and set a $157.00 price target on shares of Ollie's Bargain Outlet in a research report on Wednesday, December 10th. Finally, Morgan Stanley cut their price objective on Ollie's Bargain Outlet from $130.00 to $120.00 and set an "equal weight" rating for the company in a report on Friday, March 13th. Fourteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $141.14.

Ollie's Bargain Outlet Trading Down 0.9%

Shares of NASDAQ:OLLI opened at $91.24 on Thursday. The company has a 50 day moving average of $105.72 and a 200 day moving average of $115.95. The stock has a market cap of $5.56 billion, a P/E ratio of 23.39, a P/E/G ratio of 1.61 and a beta of 0.59. Ollie's Bargain Outlet has a 12 month low of $88.44 and a 12 month high of $141.74.

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

Insider Transactions at Ollie's Bargain Outlet

In related news, Chairman John W. Swygert sold 3,898 shares of the stock in a transaction on Friday, March 27th. The stock was sold at an average price of $89.40, for a total value of $348,481.20. Following the transaction, the chairman owned 53,431 shares of the company's stock, valued at $4,776,731.40. This represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.75% of the company's stock.

Institutional Investors Weigh In On Ollie's Bargain Outlet

Several hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its holdings in shares of Ollie's Bargain Outlet by 218.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company's stock worth $27,000 after purchasing an additional 175 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Ollie's Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company's stock valued at $28,000 after buying an additional 166 shares in the last quarter. Maseco LLP bought a new stake in Ollie's Bargain Outlet in the 4th quarter worth approximately $30,000. Private Trust Co. NA boosted its stake in Ollie's Bargain Outlet by 71.3% in the third quarter. Private Trust Co. NA now owns 245 shares of the company's stock worth $31,000 after buying an additional 102 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Ollie's Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company's stock worth $31,000 after buying an additional 92 shares in 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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