Zacks Research Has Bullish Estimate for OLLI Q4 Earnings

Key Points

• Zacks Research has raised its Q4 2026 earnings estimate for Ollie's Bargain Outlet to $1.36 per share, reflecting a positive outlook ahead of the company's earnings report.
• Ollie's reported $679.56 million in revenue for the last quarter, exceeding analysts' expectations and marking a 17.5% year-over-year increase.
• Multiple analysts have issued positive ratings on Ollie's stock, with a consensus rating of "Moderate Buy" and an average price target of $143.46.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) - Zacks Research increased their Q4 2026 earnings estimates for Ollie's Bargain Outlet in a report issued on Wednesday, September 10th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.36 per share for the quarter, up from their previous estimate of $1.35. 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 FY2027 earnings at $4.42 EPS, Q2 2028 earnings at $1.30 EPS and FY2028 earnings at $5.00 EPS.

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

Several other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada increased their target price on shares of Ollie's Bargain Outlet from $144.00 to $149.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Jefferies Financial Group upped their price target on shares of Ollie's Bargain Outlet from $111.00 to $135.00 and gave the stock a "hold" rating in a report on Friday, August 29th. Loop Capital cut shares of Ollie's Bargain Outlet from a "buy" rating to a "hold" rating and set a $130.00 price target on the stock. in a report on Tuesday, June 24th. Citigroup reiterated a "buy" rating on shares of Ollie's Bargain Outlet in a report on Friday, August 29th. Finally, Craig Hallum set a $156.00 target price on shares of Ollie's Bargain Outlet in a report on Friday, August 29th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $143.46.

Ollie's Bargain Outlet Stock Up 1.4%

Ollie's Bargain Outlet stock opened at $131.57 on Friday. Ollie's Bargain Outlet has a 52-week low of $86.88 and a 52-week high of $141.74. The company has a market cap of $8.07 billion, a price-to-earnings ratio of 38.14, a PEG ratio of 2.65 and a beta of 0.45. The firm's fifty day moving average is $132.50 and its 200 day moving average is $119.26.

Institutional Investors Weigh In On Ollie's Bargain Outlet

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in shares of Ollie's Bargain Outlet by 55.5% during the 2nd quarter. Invesco Ltd. now owns 2,552,605 shares of the company's stock valued at $336,382,000 after acquiring an additional 911,364 shares during the last quarter. Hood River Capital Management LLC increased its stake in Ollie's Bargain Outlet by 165.4% during the second quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company's stock worth $163,452,000 after purchasing an additional 773,013 shares during the period. Norges Bank purchased a new stake in Ollie's Bargain Outlet during the second quarter worth about $83,622,000. Wellington Management Group LLP increased its stake in Ollie's Bargain Outlet by 268.0% during the first quarter. Wellington Management Group LLP now owns 844,799 shares of the company's stock worth $98,301,000 after purchasing an additional 615,257 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Ollie's Bargain Outlet by 130.3% during the first quarter. Ameriprise Financial Inc. now owns 828,743 shares of the company's stock worth $96,428,000 after purchasing an additional 468,944 shares during the period.

Insider Transactions at Ollie's Bargain Outlet

In other Ollie's Bargain Outlet news, SVP James J. Comitale sold 2,117 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The shares were 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 approximately $325,520. This trade represents a 45.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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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