Q3 EPS Estimate for Ollie's Bargain Outlet Cut by Analyst

Key Points

• Zacks Research has revised its Q3 2026 earnings estimate for Ollie's Bargain Outlet to $0.71 per share, down from $0.73, while maintaining a full-year earnings estimate of $3.29 per share.
• Multiple analysts have given mixed ratings for Ollie's stock, with Bank of America increasing their price target to $145 and Royal Bank of Canada to $149, while Loop Capital downgraded it to a "hold" with a $130 target.
• Ollie's recent quarterly earnings report showed a profit of $0.99 EPS, beating estimates, with revenue reaching $679.56 million, reflecting a 17.5% increase compared to the prior year.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) - Stock analysts at Zacks Research reduced their Q3 2026 earnings estimates for Ollie's Bargain Outlet in a research note issued on Wednesday, September 10th. Zacks Research analyst Team now forecasts that the company will earn $0.71 per share for the quarter, down from their previous estimate of $0.73. 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 FY2026 earnings at $3.81 EPS, Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $1.14 EPS and Q1 2028 earnings at $1.00 EPS.

Other equities analysts have also recently issued reports about the stock. Bank of America upped their price objective on shares of Ollie's Bargain Outlet from $130.00 to $145.00 and gave the stock a "buy" rating in a research report on Friday, August 29th. Royal Bank Of Canada boosted their target price on shares of Ollie's Bargain Outlet from $144.00 to $149.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Wall Street Zen upgraded Ollie's Bargain Outlet from a "hold" rating to a "buy" rating in a research note on Saturday, September 6th. KeyCorp set a $145.00 price objective on Ollie's Bargain Outlet and gave the company an "overweight" rating in a report on Thursday, June 26th. Finally, Loop Capital cut Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and set a $130.00 target price for the company. in a report on Tuesday, June 24th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $143.46.

Ollie's Bargain Outlet Price Performance

Shares of NASDAQ:OLLI opened at $129.73 on Thursday. The company's 50 day simple moving average is $132.57 and its 200 day simple moving average is $119.02. The stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 37.60, a price-to-earnings-growth ratio of 2.61 and a beta of 0.45. Ollie's Bargain Outlet has a 1 year low of $86.88 and a 1 year high of $141.74.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.91 by $0.08. Ollie's Bargain Outlet had a net margin of 8.74% and a return on equity of 12.66%. The firm had revenue of $679.56 million for the quarter, compared to analyst estimates of $658.03 million. During the same period last year, the firm earned $0.78 EPS. The business's quarterly revenue was up 17.5% compared to the same quarter last year. Ollie's Bargain Outlet has set its FY 2025 guidance at 3.760-3.840 EPS.

Institutional Trading of Ollie's Bargain Outlet

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in Ollie's Bargain Outlet by 44.8% during the 2nd quarter. Assetmark Inc. now owns 265 shares of the company's stock worth $35,000 after purchasing an additional 82 shares during the last quarter. Blue Barn Wealth LLC increased its position in shares of Ollie's Bargain Outlet by 2.8% during the second quarter. Blue Barn Wealth LLC now owns 3,114 shares of the company's stock worth $410,000 after buying an additional 86 shares during the period. MAI Capital Management increased its position in shares of Ollie's Bargain Outlet by 28.5% during the second quarter. MAI Capital Management now owns 397 shares of the company's stock worth $52,000 after buying an additional 88 shares during the period. Wedmont Private Capital lifted its holdings in Ollie's Bargain Outlet by 4.5% in the first quarter. Wedmont Private Capital now owns 2,084 shares of the company's stock valued at $238,000 after buying an additional 89 shares during the period. Finally, Belpointe Asset Management LLC lifted its stake in shares of Ollie's Bargain Outlet by 1.3% in the 1st quarter. Belpointe Asset Management LLC now owns 7,001 shares of the company's stock valued at $815,000 after purchasing an additional 91 shares during the period.

Insiders Place Their Bets

In related news, SVP James J. Comitale sold 2,117 shares of the firm's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $130.00, for a total transaction of $275,210.00. Following the completion of the transaction, the senior vice president directly owned 2,504 shares of the company's stock, valued at $325,520. This trade represents a 45.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Der Valk Eric Van sold 728 shares of Ollie's Bargain Outlet stock in a transaction dated Friday, June 13th. The stock was sold at an average price of $112.85, for a total value of $82,154.80. Following the transaction, the chief executive officer directly owned 7,761 shares in the company, valued at $875,828.85. The trade was a 8.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.

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