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NASDAQ:OLLI

Ollie's Bargain Outlet (OLLI) Stock Price, News & Analysis

$80.86
-0.32 (-0.39%)
(As of 11:03 AM ET)
Today's Range
$80.58
$82.00
50-Day Range
$69.76
$82.66
52-Week Range
$50.94
$84.38
Volume
123,980 shs
Average Volume
754,105 shs
Market Capitalization
$4.98 billion
P/E Ratio
31.83
Dividend Yield
N/A
Price Target
$79.23

Ollie's Bargain Outlet MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
2.4% Downside
$79.23 Price Target
Short Interest
Healthy
4.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.68
Upright™ Environmental Score
News Sentiment
0.72mentions of Ollie
Based on 16 Articles This Week
Insider Trading
Selling Shares
$176,189 Sold Last Quarter
Proj. Earnings Growth
14.49%
From $2.83 to $3.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

Consumer Staples Sector

62nd out of 136 stocks

Variety Stores Industry

9th out of 11 stocks


OLLI stock logo

About Ollie's Bargain Outlet Stock (NASDAQ:OLLI)

Ollie's Bargain Outlet Holdings, Inc. is a prominent American chain of discount closeout retailers. Founded in 1982 by Morton Bernstein, Mark L. Butler, Harry Coverman, and Oliver E. "Ollie" Rosenberg in Mechanicsburg, Pennsylvania, the company has become a leading destination for value-conscious shoppers. Ollie's Bargain Outlet offers a wide selection of discounted household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products. With its mission to provide unparalleled value to customers, the company operates 468 locations across 29 states. The stores feature humorous caricatures of its namesake co-founder, Ollie Rosenberg, adding a distinctive and light-hearted touch to the shopping experience.

Ollie's Bargain Outlet is led by a highly skilled and experienced management team. John W. Swygert, Jr. serves as the President, Chief Executive Officer, and Director, overseeing the company's overall operations and strategic direction. With his extensive background in retail, Swygert has been instrumental in driving growth and expansion. Robert F. Helm, the Senior Vice President and Chief Financial Officer, brings his financial expertise to effectively manage the company's financial operations. 

Ollie's Bargain Outlet has demonstrated strong financial performance over the past few years. The company reported annual sales that have increased yearly, highlighting its ability to generate substantial revenue. Ollie's Bargain Outlet achieved a respectable net income reflecting its profitability in a competitive retail landscape. The company has maintained a healthy profitability level with a net profit margin of over 5%. Ollie's Bargain Outlet has also managed its debt levels prudently, positioning itself with a solid balance sheet. 

Ollie's Bargain Outlet operates in the discount retail industry, which is highly competitive and subject to various trends, competitors, and regulatory factors. Understanding the broader industry landscape is crucial for assessing the company's competitive positioning. Ollie's Bargain Outlet leverages its unique business model, which involves purchasing merchandise directly from manufacturers and retailers in bulk, enabling it to offer customers deeply discounted products. This approach gives the company a competitive advantage in providing a diverse range of products at compelling prices.

Ollie's Bargain Outlet has identified several growth opportunities to expand its market presence further. These opportunities include new product launches, acquisitions, and expansions into new markets. By capitalizing on its competitive advantages, such as its strong supplier relationships, efficient supply chain, and extensive store network, the company can pursue these growth avenues effectively. The ability to continuously deliver value to customers while exploring new markets and product categories positions Ollie's Bargain Outlet for sustained growth.

While Ollie's Bargain Outlet has experienced success, it also faces potential risks and challenges. Changes in consumer preferences and spending habits, evolving market dynamics, and competitive pressures are significant factors that can impact the company's performance. Regulatory changes related to labor, trade, or environmental policies may also pose challenges. However, Ollie's Bargain Outlet employs robust risk management strategies and stays adaptable to market shifts, mitigating potential risks. The company's customer-centric approach and ability to respond to changing market conditions position it well to overcome challenges and maintain its competitive edge.

OLLI Stock Price History

OLLI Stock News Headlines

Ollie's Bargain Outlet (NASDAQ:OLLI) Sets New 1-Year High at $83.44
OLLI Jun 2024 70.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
OLLI Jul 2024 110.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Ollie's Bargain Outlet Holdings Inc
OLLI Mar 2024 80.000 put
OLLI Mar 2024 82.500 call
Weatherall Printing marks its 100th anniversary
Ollie's Bargain Outlet Holdings, Inc. (OLLI)
3 Dirt-Cheap Retail Stocks to Buy Before They Take Off
Ollie's bargain outlet open in Irving
Ollie's Bargain Outlet Holdings
See More Headlines
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Company Calendar

Last Earnings
12/06/2023
Today
2/27/2024
Next Earnings (Estimated)
3/27/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
N/A
Current Symbol
NASDAQ:OLLI
Fax
N/A
Employees
10,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$79.23
High Stock Price Target
$95.00
Low Stock Price Target
$51.00
Potential Upside/Downside
-2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
$102.79 million
Pretax Margin
10.48%

Debt

Sales & Book Value

Annual Sales
$1.83 billion
Cash Flow
$2.06 per share
Book Value
$21.88 per share

Miscellaneous

Free Float
61,062,000
Market Cap
$5.00 billion
Optionable
Optionable
Beta
0.75
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OLLI Stock Analysis - Frequently Asked Questions

Should I buy or sell Ollie's Bargain Outlet stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" OLLI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLLI, but not buy additional shares or sell existing shares.
View OLLI analyst ratings
or view top-rated stocks.

What is Ollie's Bargain Outlet's stock price target for 2024?

13 brokerages have issued 12-month price objectives for Ollie's Bargain Outlet's shares. Their OLLI share price targets range from $51.00 to $95.00. On average, they anticipate the company's stock price to reach $79.23 in the next year. This suggests that the stock has a possible downside of 2.4%.
View analysts price targets for OLLI
or view top-rated stocks among Wall Street analysts.

How have OLLI shares performed in 2024?

Ollie's Bargain Outlet's stock was trading at $75.89 at the start of the year. Since then, OLLI stock has increased by 7.0% and is now trading at $81.18.
View the best growth stocks for 2024 here
.

When is Ollie's Bargain Outlet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024.
View our OLLI earnings forecast
.

How were Ollie's Bargain Outlet's earnings last quarter?

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) posted its earnings results on Wednesday, December, 6th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.06. The firm earned $480.05 million during the quarter, compared to analysts' expectations of $469.56 million. Ollie's Bargain Outlet had a trailing twelve-month return on equity of 11.18% and a net margin of 7.89%. The firm's revenue for the quarter was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.37 earnings per share.

What guidance has Ollie's Bargain Outlet issued on next quarter's earnings?

Ollie's Bargain Outlet issued an update on its FY 2023 earnings guidance on Monday, December, 11th. The company provided earnings per share guidance of 2.770-2.830 for the period, compared to the consensus earnings per share estimate of 2.730. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

What is Mark Butler's approval rating as Ollie's Bargain Outlet's CEO?

171 employees have rated Ollie's Bargain Outlet Chief Executive Officer Mark Butler on Glassdoor.com. Mark Butler has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Ollie's Bargain Outlet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ollie's Bargain Outlet investors own include NVIDIA (NVDA), PayPal (PYPL), Walt Disney (DIS), Block (SQ), Hawkins (HWKN), Mastercard (MA), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

When did Ollie's Bargain Outlet IPO?

(OLLI) raised $125 million in an initial public offering on Thursday, July 16th 2015. The company issued 8,900,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan, Jefferies and BofA Merrill Lynch served as the underwriters for the IPO and Credit Suisse, Piper Jaffray, KeyBanc Capital Markets and RBC Capital Markets were co-managers.

Who are Ollie's Bargain Outlet's major shareholders?

Ollie's Bargain Outlet's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.99%), Wasatch Advisors LP (6.11%), Dimensional Fund Advisors LP (2.12%), Geneva Capital Management LLC (1.68%), Norges Bank (1.27%) and Charles Schwab Investment Management Inc. (1.19%). Insiders that own company stock include John W Swygert, John W Swygert, Kenneth Robert Bertram, Larry Kraus, Ray Daugherty, Stanley Fleishman and Thomas Hendrickson.
View institutional ownership trends
.

How do I buy shares of Ollie's Bargain Outlet?

Shares of OLLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OLLI) was last updated on 2/27/2024 by MarketBeat.com Staff