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)

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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: 1.13
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

2.2

Analyst's Opinion

Consensus Rating
Ollie's Bargain Outlet has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 8 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $64.13, Ollie's Bargain Outlet has a forecasted downside of 0.7% from its current price of $64.59.
Amount of Analyst Coverage
Ollie's Bargain Outlet has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
11.50% of the float of Ollie's Bargain Outlet has been sold short.
Short Interest Ratio / Days to Cover
Ollie's Bargain Outlet has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ollie's Bargain Outlet has recently decreased by 14.27%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ollie's Bargain Outlet does not currently pay a dividend.
Dividend Growth
Ollie's Bargain Outlet does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ollie's Bargain Outlet has received a 14.08% net impact score from Upright. Ollie's Bargain Outlet seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of toys at a discount store", "Physical retail of books at a discount store", and "Physical retail of magazines at a discount store" products. See details.
Environmental Sustainability
The Environmental Impact score for Ollie's Bargain Outlet is -2.68.

2.3

News and Social Media Coverage

News Sentiment
Ollie's Bargain Outlet has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ollie's Bargain Outlet this week, compared to 3 articles on an average week.
Search Interest
Only 15 people have searched for OLLI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Ollie's Bargain Outlet to their MarketBeat watchlist in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ollie's Bargain Outlet insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.74% of the stock of Ollie's Bargain Outlet is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Ollie's Bargain Outlet are expected to grow by 45.21% in the coming year, from $1.88 to $2.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ollie's Bargain Outlet is 36.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ollie's Bargain Outlet is 36.08, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 29.74.
Price to Earnings Growth Ratio
Ollie's Bargain Outlet has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ollie's Bargain Outlet has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

August 17, 2022 | msn.com

Atlanta woman named America’s Biggest Cheapskate

August 9, 2022 | markets.businessinsider.com

OLLIE'S CROWNS AMERICA'S BIGGEST CHEAPSKATE

August 17, 2022 | Investing Daily (Ad)

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August 8, 2022 | finance.yahoo.com

Dow Jones Futures: Market Rally Faces Key Inflation Report; Covid Vaccine Maker Crashes On Earnings

August 5, 2022 | msn.com

Ollie’s Bargain Outlet coming to Vincennes

August 3, 2022 | msn.com

Stocked with brand name buyouts, Ollie’s Bargain Outlet opens in Johnson County

August 3, 2022 | finance.yahoo.com

Ollie’s Celebrates 450th Store Opening

August 1, 2022 | finance.yahoo.com

Ollie's Bargain Outlet Holdings, Inc.'s (NASDAQ:OLLI) Stock Is Going Strong: Have Financials A Role To Play?

August 17, 2022 | Weiss Ratings (Ad)

Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next

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July 29, 2022 | msn.com

Car accident in front of Ollie's Bargain Outlet in Beckley

July 29, 2022 | americanbankingnews.com

Analysts Set Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) PT at $61.71

July 22, 2022 | finance.yahoo.com

Dow Jones Futures: Snap Crash Hits Online Giants After Tesla Drives Market Rally Higher

July 20, 2022 | baystreet.ca

Ollie’s Raises Cash for Hospital Network

July 20, 2022 | finance.yahoo.com

Ollie’s Raises Over Half a Million Dollars for Children’s Miracle Network Hospitals

July 18, 2022 | finance.yahoo.com

Even with Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) stock down 3.6% this week, insiders who bought recently netted around US$5.1k

July 15, 2022 | markets.businessinsider.com

What 10 Analyst Ratings Have To Say About Ollie's Bargain Outlet

July 11, 2022 | reuters.com

Disabled plaintiffs suing Ollie's cry foul over 3rd Circuit's class decertification

July 8, 2022 | finance.yahoo.com

Ollie's Bargain Outlet (OLLI) Up 27.2% Since Last Earnings Report: Can It Continue?

July 8, 2022 | finance.yahoo.com

Why Ollie's Bargain Outlet Holdings Crushed the Market This Week

July 6, 2022 | nasdaq.com

Ollie's Bargain Outlet Holdings Reaches Analyst Target Price

July 5, 2022 | finance.yahoo.com

3 Soaring Stocks I'd Buy Now With No Hesitation

July 5, 2022 | finance.yahoo.com

OLLI Stock Pops, Discount Retail Stocks Rise As Recession Risk Grows

July 4, 2022 | finance.yahoo.com

Calculating The Intrinsic Value Of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)

June 28, 2022 | msn.com

Ollie's Bargain Outlet Earnings Perspective: Return On Capital Employed

June 27, 2022 | markets.businessinsider.com

9 Analysts Have This to Say About Ollie's Bargain Outlet

June 14, 2022 | finance.yahoo.com

Big Money Sheds Ollie’s Bargain Outlet, Should You?

June 14, 2022 | finance.yahoo.com

Ollie’s Bargain Outlet Holdings, Inc. Announces Participation in the 2022 Jefferies Consumer Conference

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

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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: 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

EPS (Most Recent Fiscal Year): $1.79
Trailing P/E Ratio: 36.01
Forward P/E Ratio: 34.28
P/E Growth: 2.02
Net Income: $157.46 million
Net Margins: 6.72%
Pretax Margin: 8.80%
Return on Equity: 8.58%
Return on Assets: 5.66%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $1.75 billion
Price / Sales: 2.30
Cash Flow: $2.78 per share
Price / Cash Flow: 23.19
Book Value: $20.40 per share
Price / Book: 3.16

Miscellaneous

Outstanding Shares: 62,495,000
Free Float: 62,033,000
Market Cap: $4.03 billion
Optionable: Optionable
Beta: 0.82

Key Executives

Mr. John W. Swygert Jr. (Age 53)
Pres, CEO, Interim CFO & Director
Comp: $1.05M
Mr. Eric van der Valk (Age 52)
Exec. VP & COO
Comp: $398.55k
Mr. Kevin McLain (Age 56)
Sr. VP & Gen. Merchandise Mang.
Comp: $329.55k
Mr. Larry Kraus (Age 51)
VP & Chief Information Officer
Comp: $269.52k
Mr. Jay Stasz (Age 55)
Sec.
Comp: $391.01k
Mr. James J. Comitale (Age 57)
Sr. VP & Gen. Counsel
Mr. Dan Haines
VP of Marketing & Advter.
Tom Kuypers
Sr. VP of Marketing & Advter.
Ms. Kelly Costanza
Sr. VP of HR
Mr. Mario Sampson
Sr. VP of Supply Chain

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

Ollie's Bargain Outlet MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability