Ollie's Bargain Outlet Stock Forecast, Price & News

15 Wall Street 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 research analysts is that investors should "hold" Ollie's Bargain Outlet stock. 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 analyst ratings for Ollie's Bargain Outlet or view top-rated stocks.

15 equities research analysts have issued 1-year price targets for Ollie's Bargain Outlet's stock. Their OLLI stock forecasts range from $39.00 to $98.00. On average, they predict Ollie's Bargain Outlet's stock price to reach $63.53 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
View analysts' price targets for Ollie's Bargain Outlet or view top-rated stocks among Wall Street analysts.

Ollie's Bargain Outlet's stock was trading at $51.19 at the beginning of the year. Since then, OLLI stock has increased by 16.5% and is now trading at $59.62.
View the best growth stocks for 2022 here.

Ollie's Bargain Outlet is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Ollie's Bargain Outlet.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) issued its quarterly earnings data on Wednesday, June, 8th. The company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.10. The firm had revenue of $406.70 million for the quarter, compared to the consensus estimate 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 company's revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.80 EPS.
View Ollie's Bargain Outlet's earnings history.

Ollie's Bargain Outlet issued an update on its FY 2022 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of $1.83-$1.98 for the period, compared to the consensus earnings per share 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.

171 employees have rated Ollie's Bargain Outlet CEO Mark Butler on Glassdoor.com. Mark Butler has an approval rating of 72% among Ollie's Bargain Outlet's employees.

Some companies that are related to Ollie's Bargain Outlet include BJ's Wholesale Club (BJ), Five Below (FIVE), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ), Tuesday Morning (TUEM) and Fred's (FREDQ).
View all of OLLI's competitors.

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), Square (SQ), Hawkins (HWKN), (AAXN), Mastercard (MA), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

(OLLI) raised $125 million in an 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.

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

Ollie's Bargain Outlet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (11.72%), Vanguard Group Inc. (8.15%), BlackRock Inc. (7.72%), Bank of New York Mellon Corp (2.87%), State Street Corp (2.70%) and Royal London Asset Management Ltd. (1.53%). Company insiders that own Ollie's Bargain Outlet 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 for Ollie's Bargain Outlet.

OLLI stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, JPMorgan Chase & Co., Riverbridge Partners LLC, GW&K Investment Management LLC, Northern Trust Corp, Vanguard Group Inc., Federated Hermes Inc., and Geneva Capital Management LLC. Company insiders that have sold Ollie's Bargain Outlet company stock in the last two years include John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Ray Daugherty, Scott Osborne, and Thomas Hendrickson.
View insider buying and selling activity for Ollie's Bargain Outlet or view top insider-selling stocks.

OLLI stock was acquired by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Wolf Hill Capital Management LP, J. Goldman & Co LP, Bank of New York Mellon Corp, Renaissance Technologies LLC, Bank of Montreal Can, Goldman Sachs Group Inc., and WCM Investment Management LLC.
View insider buying and selling activity for Ollie's Bargain Outlet or or view top insider-buying stocks.

Shares of OLLI 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.

One share of OLLI stock can currently be purchased for approximately $59.62.

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $3.73 billion and generates $1.75 billion in revenue each year. The company earns $157.46 million in net income (profit) each year or $1.789990 on an earnings per share basis.

Ollie's Bargain Outlet employs 9,900 workers across the globe.

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