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NASDAQ:OLLI

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

$77.12
+1.33 (+1.75%)
(As of 09/25/2023 ET)
Compare
Today's Range
$75.58
▼
$77.57
50-Day Range
$70.89
▼
$78.52
52-Week Range
$44.72
▼
$80.94
Volume
734,200 shs
Average Volume
999,307 shs
Market Capitalization
$4.76 billion
P/E Ratio
32.13
Dividend Yield
N/A
Price Target
$75.13
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
2.6% 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
0.42mentions of Ollie
Based on 9 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.

2.00 out of 5 stars

Consumer Staples Sector

100th out of 134 stocks

Variety Stores Industry

8th out of 11 stocks

See Top Rated MarketRank™ Stocks Here

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

September 20, 2023 | marketbeat.com
3 Reasons Wall Street Is 100% Bullish on This Recent IPO (OLLI)
With nearly 50% upside to the consensus target, investors have a second chance to pounce on secondhand leader Savers Value Village.
September 25, 2023 | finance.yahoo.com
Here's Why Ollie's Bargain (OLLI) is a Smart Investment Choice
September 25, 2023 | Legacy Research (Ad)
Reverse ‘money machines’ popping up across America
If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?
September 25, 2023 | finance.yahoo.com
Will Grocery Outlet's (GO) Plan of Growing Store Presence Aid?
September 22, 2023 | americanbankingnews.com
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Given Consensus Rating of "Hold" by Brokerages
September 20, 2023 | msn.com
Roanoke Rapids shopping center evacuated for police investigation
September 18, 2023 | americanbankingnews.com
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) VP Sells $237,000.00 in Stock
September 18, 2023 | americanbankingnews.com
Q3 2024 EPS Estimates for Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Reduced by Analyst
September 25, 2023 | Legacy Research (Ad)
Reverse ‘money machines’ popping up across America
If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?
September 6, 2023 | msn.com
Ollie’s bargain store opens in Moline inside old Gordman’s store
September 5, 2023 | finance.yahoo.com
Ollie’s Bargain Outlet Holdings, Inc. Announces Participation in the Piper Sandler Growth Frontiers Conference
September 5, 2023 | msn.com
Ollie's Bargain Outlet: Rating Upgrade As Business Performed Better Than Expected
September 3, 2023 | msn.com
Ollie's Bargain Outlet: We Need A Breather, Run A House Position
September 3, 2023 | finance.yahoo.com
Is Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Potentially Undervalued?
September 2, 2023 | msn.com
Ollies Bargain Outlet Holdings (OLLI) Price Target Increased by 5.75% to 73.85
September 1, 2023 | markets.businessinsider.com
Ollie's Bargain Outlet Analysts Boost Their Forecasts After Upbeat Earnings
September 1, 2023 | finance.yahoo.com
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q2 2023 Earnings Call Transcript
September 1, 2023 | za.investing.com
Ollie's Bargain Outlet raises full-year forecast after Q2 beat
September 1, 2023 | finance.yahoo.com
Q2 2023 Ollie's Bargain Outlet Holdings Inc Earnings Call
August 31, 2023 | theglobeandmail.com
Ollie's (OLLI) Shares Skyrocket, What You Need To Know
August 31, 2023 | marketwatch.com
Ollie's Bargain Outlet Raises Full-Year Sales, Earnings Outlook
August 31, 2023 | msn.com
Ollie's Bargain Outlet rises as bargains lure consumers
August 31, 2023 | finance.yahoo.com
Why Ollie's Bargain Outlet Holdings Inc's Stock Skyrocketed 46% in a Quarter: A Deep Dive
August 31, 2023 | msn.com
Unusual Put Option Trade in Ollies Bargain Outlet Holdings (OLLI) Worth $413.00K
August 31, 2023 | marketwatch.com
Ollie's Bargain Outlet 2Q Sales Rise as Deals Draw Shoppers
August 31, 2023 | finance.yahoo.com
Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2023 Financial Results
August 31, 2023 | finance.yahoo.com
Don't Overlook These Top-Rated Stocks Ahead of Earnings
See More Headlines
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OLLI Company Calendar

Last Earnings
8/31/2023
Today
9/25/2023
Next Earnings (Estimated)
12/06/2023
Fiscal Year End
1/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Variety stores
Sub-Industry
N/A
Sector
Consumer Staples
Current Symbol
NASDAQ:OLLI
CUSIP
N/A
CIK
1639300
Web
www.ollies.us
Phone
(717) 657-2300
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
-2.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.40
Trailing P/E Ratio
32.13
Forward P/E Ratio
28.46
P/E Growth
1.04
Net Income
$102.79 million
Net Margins
7.69%
Pretax Margin
10.16%
Return on Equity
10.80%
Return on Assets
7.13%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.74
Quick Ratio
1.07

Sales & Book Value

Annual Sales
$1.83 billion
Price / Sales
2.60
Cash Flow
$2.14 per share
Price / Cash Flow
36.07
Book Value
$21.88 per share
Price / Book
3.52

Miscellaneous

Outstanding Shares
61,700,000
Free Float
61,173,000
Market Cap
$4.76 billion
Optionable
Optionable
Beta
0.96
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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.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













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 brokerages have issued 12 month price targets for Ollie's Bargain Outlet's stock. Their OLLI share price forecasts range from $51.00 to $93.00. On average, they predict the company's stock price to reach $75.13 in the next year. This suggests that the stock has a possible downside of 2.8%.
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 start of the year. Since then, OLLI shares have increased by 65.0% and is now trading at $77.28.
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) issued its earnings results on Thursday, August, 31st. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.06. The company had revenue of $514.50 million for the quarter, compared to analyst estimates 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 firm's revenue was up 13.7% compared to the same quarter last year. During the same period last year, the firm earned $0.22 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), Direxion Daily Retail Bull 3X Shares (RETL), Cultivar ETF (CVAR), AGF U.S. Market Neutral Anti-Beta Fund (BTAL) and Inspire Small/Mid Cap ETF (ISMD).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).

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

Ollie's Bargain Outlet issued an update on 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 EPS 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 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.

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 many different 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 $77.28.

How much money does Ollie's Bargain Outlet make?

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.77 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 9/25/2023 by MarketBeat.com Staff

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