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NASDAQ:OLLI

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

$64.45
-2.04 (-3.07%)
(As of 08/17/2022 05:40 PM ET)
Add
Compare
Today's Range
$64.02
$65.73
50-Day Range
$53.21
$71.17
52-Week Range
$37.67
$85.52
Volume
860,611 shs
Average Volume
1.45 million shs
Market Capitalization
$4.03 billion
P/E Ratio
36.01
Dividend Yield
N/A
Price Target
$64.13

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
0.7% Downside
$64.13 Price Target
Short Interest
Healthy
11.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.68
Upright™ Environmental Score
News Sentiment
1.13mentions of Ollie
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.21%
From $1.88 to $2.73 Per Share

Overall MarketRank

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

2.05 out of 5 stars

Consumer Staples Sector

94th out of 149 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. operates as a retailer of brand name merchandise. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. It provides its products primarily under the Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands Real Cheap!, Real Brands! Real Bargains, Sarasota Breeze, Steelton Tools, American Way, and Middleton Home names. As of March 23, 2022, it operated 436 stores in 29 states throughout half of the United States. The company was formerly known as Bargain Holdings, Inc. and changed its name to Ollie's Bargain Outlet Holdings, Inc. in March 2015. Ollie's Bargain Outlet Holdings, Inc. was founded in 1982 and is headquartered in Harrisburg, Pennsylvania.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on OLLI. Craig Hallum raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and raised their price target for the stock from $43.00 to $75.00 in a research note on Wednesday, June 8th. KeyCorp raised their price target on Ollie's Bargain Outlet from $75.00 to $79.00 and gave the stock an "overweight" rating in a research note on Friday, July 15th. Bank of America raised Ollie's Bargain Outlet from an "underperform" rating to a "buy" rating and raised their price target for the stock from $30.00 to $75.00 in a research note on Friday, May 20th. Truist Financial raised their price target on Ollie's Bargain Outlet from $38.00 to $40.00 and gave the stock a "hold" rating in a research note on Thursday, June 9th. Finally, The Goldman Sachs Group raised Ollie's Bargain Outlet from a "sell" rating to a "neutral" rating and raised their price objective for the company from $37.00 to $57.00 in a research report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $64.13.

Ollie's Bargain Outlet Price Performance

Shares of NASDAQ:OLLI opened at $66.49 on Wednesday. Ollie's Bargain Outlet has a 1-year low of $37.67 and a 1-year high of $85.52. The business has a fifty day moving average price of $62.51 and a 200-day moving average price of $51.72. The company has a market capitalization of $4.16 billion, a PE ratio of 37.15, a PEG ratio of 2.03 and a beta of 0.82.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Rating) last issued its quarterly earnings results on Wednesday, June 8th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.10). Ollie's Bargain Outlet had a net margin of 6.72% and a return on equity of 8.58%. The company had revenue of $406.70 million for the quarter, compared to the consensus estimate of $417.48 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. Ollie's Bargain Outlet's revenue was down 10.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Ollie's Bargain Outlet will post 1.88 earnings per share for the current fiscal year.

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OLLI Stock News Headlines

OLLIE'S CROWNS AMERICA'S BIGGEST CHEAPSKATE
The Incredible Dividend Map... Where Stocks Yield 26% a Year!
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Ollie’s Celebrates 450th Store Opening
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next
If you think our current cycle of conflict and chaos started when Russia invaded Ukraine, think again. This cycle actually began over 13 years ago with the most dangerous money-printing escapade of modern times … leading to one of the most sudden surges of inflation in 100 years. This is why Sean Brodrick and Martin Weiss have just held a series of emergency meetings exposing what investors can expect as this crisis unfolds.
Ollie’s Raises Cash for Hospital Network
What 10 Analyst Ratings Have To Say About Ollie's Bargain Outlet
3 Soaring Stocks I'd Buy Now With No Hesitation
9 Analysts Have This to Say About Ollie's Bargain Outlet
See More Headlines
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OLLI Company Calendar

Last Earnings
6/08/2022
Today
8/17/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
N/A
Current Symbol
NASDAQ:OLLI
Fax
N/A
Employees
9,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$64.13
High Stock Price Forecast
$98.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
-0.5%
Consensus Rating
Hold
Rating Score (0-4)
2.47
Research Coverage
15 Analysts

Profitability

Net Income
$157.46 million
Pretax Margin
8.80%

Debt

Sales & Book Value

Annual Sales
$1.75 billion
Cash Flow
$2.78 per share
Book Value
$20.40 per share

Miscellaneous

Free Float
62,033,000
Market Cap
$4.03 billion
Optionable
Optionable
Beta
0.82














OLLI Stock - Frequently Asked Questions

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

15 Wall Street equities research 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 8 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2022?

15 Wall Street analysts have issued 12-month price objectives for Ollie's Bargain Outlet's shares. Their OLLI share price forecasts range from $39.00 to $98.00. On average, they anticipate the company's share price to reach $64.13 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for OLLI
or view top-rated stocks among Wall Street analysts.

How have OLLI shares performed in 2022?

Ollie's Bargain Outlet's stock was trading at $51.19 at the beginning of the year. Since then, OLLI shares have increased by 29.9% and is now trading at $66.49.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
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 quarterly earnings results on Wednesday, June, 8th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.10. The firm earned $406.70 million during the quarter, compared to analysts' expectations of $417.48 million. Ollie's Bargain Outlet had a trailing twelve-month return on equity of 8.58% and a net margin of 6.72%. The business's revenue was down 10.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS.

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

Ollie's Bargain Outlet issued an update on its FY 2022 earnings guidance on Wednesday, July, 6th. The company provided earnings per share guidance of $1.83-$1.98 for the period, compared to the consensus estimate of $2.13. The company issued revenue guidance of $1.87 billion-$1.90 billion, compared to the consensus revenue estimate of $1.90 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 (IPO) 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 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 a number of retail and institutional investors. Top institutional investors include FMR LLC (15.06%), Kayne Anderson Rudnick Investment Management LLC (7.77%), Price T Rowe Associates Inc. MD (6.41%), State Street Corp (2.62%), Geneva Capital Management LLC (1.16%) and Northern Trust Corp (1.01%). Insiders that own company stock include John W Swygert, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Omar Segura, Ray Daugherty, Scott Osborne, 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 $66.49.

How much money does Ollie's Bargain Outlet make?

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.15 billion and generates $1.75 billion in revenue each year. The company earns $157.46 million in net income (profit) each year or $1.79 on an earnings per share basis.

How many employees does Ollie's Bargain Outlet have?

The company employs 9,900 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 8/17/2022 by MarketBeat.com Staff

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