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

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

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) announced its quarterly earnings data on Tuesday, December, 10th. The company reported $0.41 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.03. The firm had revenue of $327.05 million for the quarter, compared to analyst estimates of $322.56 million. Ollie's Bargain Outlet had a return on equity of 12.89% and a net margin of 10.20%. Ollie's Bargain Outlet's quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.32 earnings per share. View Ollie's Bargain Outlet's Earnings History.

Ollie's Bargain Outlet is scheduled to release their next quarterly earnings announcement on Tuesday, March 24th 2020. View Earnings Estimates for Ollie's Bargain Outlet.

Ollie's Bargain Outlet updated its FY20 earnings guidance on Tuesday, December, 10th. The company provided EPS guidance of $1.95-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. The company issued revenue guidance of $1.419-1.430 billion, compared to the consensus revenue estimate of $1.43 billion.

11 brokerages have issued twelve-month price targets for Ollie's Bargain Outlet's shares. Their forecasts range from $60.00 to $115.00. On average, they anticipate Ollie's Bargain Outlet's stock price to reach $79.91 in the next twelve months. This suggests a possible upside of 41.4% from the stock's current price. View Analyst Price Targets for Ollie's Bargain Outlet.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ollie's Bargain Outlet.

News coverage about OLLI stock has trended positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ollie's Bargain Outlet earned a news sentiment score of 2.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Ollie's Bargain Outlet.

Ollie's Bargain Outlet saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 11,840,000 shares, an increase of 8.5% from the December 15th total of 10,910,000 shares. Based on an average daily trading volume, of 1,190,000 shares, the short-interest ratio is currently 9.9 days. Approximately 21.5% of the shares of the company are sold short. View Ollie's Bargain Outlet's Current Options Chain.

Some companies that are related to Ollie's Bargain Outlet include Five Below (FIVE), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ollie's Bargain Outlet investors own include Hawkins (HWKN), Axon Enterprise (AAXN), NVIDIA (NVDA), Boyd Gaming (BYD), Paypal (PYPL), Alibaba Group (BABA), Cisco Systems (CSCO), Walt Disney (DIS), Shopify (SHOP) and Twilio (TWLO).

(OLLI) raised $125 million in an initial public offering (IPO) 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 acted 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's stock is owned by many different of institutional and retail investors. Top institutional shareholders include CLARET ASSET MANAGEMENT Corp (0.34%), Summit Creek Advisors LLC (0.33%), Sciencast Management LP (0.03%), Legacy Capital Partners Inc. (0.02%), State of Alaska Department of Revenue (0.01%) and D.B. Root & Company LLC (0.01%). Company insiders that own Ollie's Bargain Outlet stock include Howard Freedman, Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler, Omar Segura, 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 Sciencast Management LP, CENTRAL TRUST Co, State of Alaska Department of Revenue, Legacy Capital Partners Inc., West Branch Capital LLC and Steward Partners Investment Advisory LLC. Company insiders that have sold Ollie's Bargain Outlet company stock in the last year include Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler, Omar Segura and Thomas Hendrickson. View Insider Buying and Selling for Ollie's Bargain Outlet.

OLLI stock was bought by a variety of institutional investors in the last quarter, including CLARET ASSET MANAGEMENT Corp, Summit Creek Advisors LLC, Squar Milner Financial Services LLC, Advisors Capital Management LLC, FTB Advisors Inc., Leavell Investment Management Inc. and D.B. Root & Company LLC. View Insider Buying and Selling for Ollie's Bargain Outlet.

Shares of OLLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OLLI stock can currently be purchased for approximately $56.52.

Ollie's Bargain Outlet has a market capitalization of $3.60 billion and generates $1.24 billion in revenue each year. The company earns $135.01 million in net income (profit) each year or $1.83 on an earnings per share basis. Ollie's Bargain Outlet employs 7,700 workers across the globe.View Additional Information About Ollie's Bargain Outlet.

The official website for Ollie's Bargain Outlet is http://www.ollies.us/.

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