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Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
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5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
New gold-backed currency could kill the Dollar (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
New gold-backed currency could kill the Dollar (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
66,000% upside on tiny biotech? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
New gold-backed currency could kill the Dollar (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
New gold-backed currency could kill the Dollar (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
66,000% upside on tiny biotech? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
NASDAQ:OLLI

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

$75.40
-1.72 (-2.23%)
(As of 09/26/2023 ET)
Compare
Today's Range
$75.29
$77.02
50-Day Range
$70.89
$78.52
52-Week Range
$44.72
$80.94
Volume
691,358 shs
Average Volume
997,633 shs
Market Capitalization
$4.65 billion
P/E Ratio
31.42
Dividend Yield
N/A
Price Target
$75.13

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
0.4% Downside
$75.13 Price Target
Short Interest
Bearish
7.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.68
Upright™ Environmental Score
News Sentiment
0.62mentions of Ollie
Based on 8 Articles This Week
Insider Trading
Selling Shares
$907,006 Sold Last Quarter
Proj. Earnings Growth
14.39%
From $2.71 to $3.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Consumer Staples Sector

101st out of 132 stocks

Variety Stores Industry

9th out of 11 stocks


OLLI stock logo

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

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 Price History

OLLI Stock News Headlines

3 Reasons Wall Street Is 100% Bullish on This Recent IPO (OLLI)
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Q2 2023 Ollie's Bargain Outlet Holdings Inc Earnings Call
Ollie's (OLLI) Shares Skyrocket, What You Need To Know
See More Headlines
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OLLI Company Calendar

Last Earnings
8/31/2023
Today
9/27/2023
Next Earnings (Estimated)
12/06/2023
Fiscal Year End
1/31/2024

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 Forecast
$75.13
High Stock Price Forecast
$93.00
Low Stock Price Forecast
$51.00
Forecasted Upside/Downside
-0.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

Net Income
$102.79 million
Pretax Margin
10.16%

Debt

Sales & Book Value

Annual Sales
$1.83 billion
Cash Flow
$2.09 per share
Book Value
$21.88 per share

Miscellaneous

Free Float
61,173,000
Market Cap
$4.65 billion
Optionable
Optionable
Beta
0.96
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. John W. Swygert Jr. (Age 54)
    Pres, CEO & Director
    Comp: $917.47k
  • Mr. Robert F. Helm (Age 43)
    Sr. VP & CFO
    Comp: $595.33k
  • Mr. Eric van der Valk (Age 53)
    Exec. VP & COO
    Comp: $497.44k
  • Mr. Larry KrausMr. Larry Kraus (Age 52)
    VP & Chief Information Officer
    Comp: $289.52k
  • Mr. Kevin McLainMr. Kevin McLain (Age 57)
    Sr. VP & Gen. Merchandise Mang.
    Comp: $320.8k
  • Mr. James J. Comitale (Age 58)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Tom Kuypers
    Sr. VP of Marketing & Advter.
  • Ms. Lyn Rhoads Walther C.F.A.
    Exec.













OLLI Stock - Frequently Asked Questions

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

14 Wall Street analysts have issued 1-year price targets for Ollie's Bargain Outlet's shares. Their OLLI share price forecasts range from $51.00 to $93.00. On average, they anticipate the company's stock price to reach $75.13 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
View analysts price targets for OLLI
or view top-rated stocks among Wall Street analysts.

How have OLLI shares performed in 2023?

Ollie's Bargain Outlet's stock was trading at $46.84 at the beginning of the year. Since then, OLLI stock has increased by 61.0% and is now trading at $75.40.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
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 Thursday, August, 31st. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. The business had revenue of $514.50 million for the quarter, compared to the consensus estimate of $499.04 million. Ollie's Bargain Outlet had a net margin of 7.69% and a trailing twelve-month return on equity of 10.80%. The company's quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share.

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

Ollie's Bargain Outlet updated its FY24 earnings guidance on Thursday, August, 31st. The company provided EPS guidance of $2.65-$2.74 for the period, compared to the consensus earnings per share estimate of $2.62. The company issued revenue guidance of $2.076-$2.091 billion, compared to the consensus revenue estimate of $2.06 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 $13.00-$15.00 per share. J.P. Morgan, Jefferies and BofA Merrill Lynch acted as the underwriters for the IPO and Credit Suisse, Piper Jaffray, KeyBanc Capital Markets and RBC Capital Markets were co-managers.

What is Ollie's Bargain Outlet's stock symbol?

Ollie's Bargain Outlet trades on the NASDAQ under the ticker symbol "OLLI."

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

Ollie's Bargain Outlet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.04%), Wasatch Advisors LP (6.77%), Bank of New York Mellon Corp (4.54%), Kayne Anderson Rudnick Investment Management LLC (3.56%), State Street Corp (2.79%) and Dimensional Fund Advisors LP (2.45%). Insiders that own company stock include John W Swygert, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ollie's Bargain Outlet's stock price today?

One share of OLLI stock can currently be purchased for approximately $75.40.

How much money does Ollie's Bargain Outlet make?

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.65 billion and generates $1.83 billion in revenue each year. The company earns $102.79 million in net income (profit) each year or $2.40 on an earnings per share basis.

How many employees does Ollie's Bargain Outlet have?

The company employs 10,700 workers across the globe.

How can I contact Ollie's Bargain Outlet?

Ollie's Bargain Outlet's mailing address is 6295 ALLENTOWN BOULEVARD SUITE 1, HARRISBURG PA, 17112. The official website for the company is www.ollies.us. The company can be reached via phone at (717) 657-2300 or via email at jean.fontana@icrinc.com.

This page (NASDAQ:OLLI) was last updated on 9/27/2023 by MarketBeat.com Staff

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