NASDAQ:OLLIOllie's Bargain Outlet Stock Price, Forecast & News

Ollie's Bargain Outlet's stock was trading at $46.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OLLI stock has increased by 101.4% and is now trading at $93.30. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ollie's Bargain Outlet.

Ollie's Bargain Outlet is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Ollie's Bargain Outlet.

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) released its earnings results on Thursday, May, 28th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.16. The firm had revenue of $349.40 million for the quarter, compared to analysts' expectations of $322.90 million. Ollie's Bargain Outlet had a return on equity of 12.56% and a net margin of 9.48%. The firm's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. View Ollie's Bargain Outlet's earnings history.

16 brokers have issued 1-year price objectives for Ollie's Bargain Outlet's shares. Their forecasts range from $39.00 to $111.00. On average, they expect Ollie's Bargain Outlet's share price to reach $85.63 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View analysts' price targets for Ollie's Bargain Outlet.

News coverage about OLLI stock has been trending negative on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive 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 negative five to five, with scores closest to five being the most favorable. Ollie's Bargain Outlet earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View the latest news about Ollie's Bargain Outlet.

Ollie's Bargain Outlet saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 10,460,000 shares, a drop of 11.8% from the June 15th total of 11,860,000 shares. Based on an average daily volume of 1,640,000 shares, the days-to-cover ratio is currently 6.4 days. Approximately 21.8% 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 Dollar Tree (DLTR), Five Below (FIVE), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ). View all competitors.

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), Alibaba Group (BABA), Paypal (PYPL), Walt Disney (DIS), Shopify (SHOP), Boyd Gaming (BYD), Netflix (NFLX) and Trade Desk (TTD).

(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 trades on the NASDAQ under the ticker symbol "OLLI."

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 $93.30.

Ollie's Bargain Outlet has a market capitalization of $5.95 billion and generates $1.41 billion in revenue each year. The company earns $141.13 million in net income (profit) each year or $1.96 on an earnings per share basis. Ollie's Bargain Outlet employs 8,300 workers across the globe.

The official website for Ollie's Bargain Outlet is 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]