S&P 500   4,207.27 (-0.07%)
DOW   33,336.67 (+0.08%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
S&P 500   4,207.27 (-0.07%)
DOW   33,336.67 (+0.08%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
S&P 500   4,207.27 (-0.07%)
DOW   33,336.67 (+0.08%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
S&P 500   4,207.27 (-0.07%)
DOW   33,336.67 (+0.08%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
NASDAQ:OLLI

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

$65.08
+1.35 (+2.12%)
(As of 08/11/2022 04:35 PM ET)
Add
Compare
Today's Range
$64.13
$66.39
50-Day Range
$47.02
$71.17
52-Week Range
$37.67
$92.31
Volume
1.27 million shs
Average Volume
1.46 million shs
Market Capitalization
$4.07 billion
P/E Ratio
36.36
Dividend Yield
N/A
Price Target
$64.13

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
1.2% 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
0.81mentions of Ollie
Based on 5 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.

2.09 out of 5 stars

Consumer Staples Sector

87th out of 147 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.

Ollie's Bargain Outlet Trading Up 1.8 %

OLLI Stock opened at $63.73 on Thursday. The stock has a market capitalization of $3.98 billion, a PE ratio of 35.60, a price-to-earnings-growth ratio of 1.94 and a beta of 0.82. Ollie's Bargain Outlet has a 12-month low of $37.67 and a 12-month high of $92.78. The stock's 50 day simple moving average is $61.13 and its 200 day simple moving average is $51.12.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on OLLI shares. Craig Hallum upgraded Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and boosted their price target for the company from $43.00 to $75.00 in a report on Wednesday, June 8th. UBS Group upped their target price on Ollie's Bargain Outlet to $55.00 in a report on Thursday, June 9th. Citigroup upped their target price on Ollie's Bargain Outlet from $43.00 to $55.00 and gave the stock a "neutral" rating in a report on Thursday, June 9th. Bank of America upgraded Ollie's Bargain Outlet from an "underperform" rating to a "buy" rating and upped their target price for the stock from $30.00 to $75.00 in a report on Friday, May 20th. Finally, Piper Sandler upped their target price on Ollie's Bargain Outlet to $78.00 in a report on Thursday, June 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $64.13.

Receive OLLI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ollie's Bargain Outlet and its competitors with MarketBeat's FREE daily newsletter.

OLLI Stock News Headlines

Why a Recession is Good News for Ollie’s Stock
Even with intense competition from dollar stores and warehouse clubs, Ollie’s (NASDAQ: OLLI) is positioned to do better than most when the economy hits the skids.
OLLIE'S CROWNS AMERICA'S BIGGEST CHEAPSKATE
Ollie’s Celebrates 450th Store Opening
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
Receive OLLI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ollie's Bargain Outlet and its competitors with MarketBeat's FREE daily newsletter.

OLLI Company Calendar

Last Earnings
6/08/2022
Today
8/11/2022
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
-1.5%
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
$2.93 per share
Book Value
$20.40 per share

Miscellaneous

Free Float
62,033,000
Market Cap
$4.07 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 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 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 twelve-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 predict the company's stock price to reach $64.13 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
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 2022. Since then, OLLI stock has increased by 26.0% and is now trading at $64.52.
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 data on Wednesday, June, 8th. The company reported $0.20 earnings per share (EPS) 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 analysts' expectations of $417.48 million. Ollie's Bargain Outlet had a net margin of 6.72% and a trailing twelve-month return on equity of 8.58%. Ollie's Bargain Outlet's revenue was down 10.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share.

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 EPS 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 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.

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 variety of institutional and retail investors. Top institutional shareholders include Geneva Capital Management LLC (1.16%), Riverbridge Partners LLC (1.01%), Victory Capital Management Inc. (0.68%), Tributary Capital Management LLC (0.61%), Principal Financial Group Inc. (0.52%) and CLARET ASSET MANAGEMENT Corp (0.49%). 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 $64.52.

How much money does Ollie's Bargain Outlet make?

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.03 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 8/11/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.