NASDAQ:OLLI

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

$75.22
+1.52 (+2.06%)
(As of 04/23/2024 ET)
Today's Range
$73.57
$75.68
50-Day Range
$68.45
$82.66
52-Week Range
$52.93
$84.38
Volume
942,123 shs
Average Volume
916,685 shs
Market Capitalization
$4.62 billion
P/E Ratio
25.76
Dividend Yield
N/A
Price Target
$84.92

Ollie's Bargain Outlet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
12.9% Upside
$84.92 Price Target
Short Interest
Bearish
5.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.68
Upright™ Environmental Score
News Sentiment
0.57mentions of Ollie
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.08 M Sold Last Quarter
Proj. Earnings Growth
11.91%
From $3.19 to $3.57 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.

3.68 out of 5 stars

Consumer Staples Sector

56th out of 133 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

Putin and other countries have a plan
Did you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon.
Putin and other countries have a plan
Did you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon.
7 Boring Stocks to Buy as Inflation Crimps Sentiment
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
4/23/2024
Next Earnings (Estimated)
6/05/2024
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
11,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$84.92
High Stock Price Target
$104.00
Low Stock Price Target
$51.00
Potential Upside/Downside
+12.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
$181.44 million
Pretax Margin
11.53%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$3.60 per share
Book Value
$24.49 per share

Miscellaneous

Free Float
60,839,000
Market Cap
$4.62 billion
Optionable
Optionable
Beta
0.76
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OLLI Stock Analysis - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OLLI shares.
View OLLI analyst ratings
or view top-rated stocks.

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

10 Wall Street analysts have issued twelve-month price objectives for Ollie's Bargain Outlet's shares. Their OLLI share price targets range from $51.00 to $104.00. On average, they anticipate the company's share price to reach $84.92 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
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 beginning of 2024. Since then, OLLI shares have decreased by 0.9% and is now trading at $75.2150.
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, June 5th 2024.
View our OLLI earnings forecast
.

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

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) announced its earnings results on Wednesday, March, 20th. The company reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.07. The firm had revenue of $648.90 million for the quarter, compared to the consensus estimate of $649.39 million. Ollie's Bargain Outlet had a trailing twelve-month return on equity of 12.55% and a net margin of 8.63%. The business's revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 earnings per share.

What ETFs hold Ollie's Bargain Outlet's stock?

ETFs with the largest weight of Ollie's Bargain Outlet (NASDAQ:OLLI) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG), SPDR S&P Retail ETF (XRT) and Direxion Daily Retail Bull 3X Shares (RETL).Leatherback Long/Short Alternative Yield ETF (LBAY).

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

Ollie's Bargain Outlet updated its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided EPS guidance of 3.100-3.200 for the period, compared to the consensus earnings per share estimate of 3.210. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 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?

Ollie's Bargain Outlet (OLLI) raised $125 million in an initial public offering (IPO) 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 shareholders include Wasatch Advisors LP (6.38%), Tributary Capital Management LLC (0.46%), Los Angeles Capital Management LLC (0.30%), Norden Group LLC (0.22%), Rheos Capital Works Inc. (0.21%) and Raymond James & Associates (0.13%). Insiders that own company stock include John W Swygert, John W Swygert, Kenneth Robert Bertram, Larry Kraus, Ray Daugherty, Robert F Helm, 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 4/23/2024 by MarketBeat.com Staff

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