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Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
The Day of Financial Reckoning Is Near (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NASDAQ:OLLI

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

$65.00
-0.77 (-1.17%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$63.92
$65.77
50-Day Range
$53.21
$71.17
52-Week Range
$37.67
$84.78
Volume
673,897 shs
Average Volume
1.44 million shs
Market Capitalization
$4.06 billion
P/E Ratio
36.31
Dividend Yield
N/A
Price Target
$64.13

Ollie's Bargain Outlet MarketRank™ Forecast

Analyst Rating
Hold
2.47 Rating Score
Upside/​Downside
1.3% 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
0.55mentions of Ollie
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.

2.02 out of 5 stars

Consumer Staples Sector

88th out of 146 stocks

Variety Stores Industry

10th 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.

Analyst Ratings Changes

Several analysts have issued reports on OLLI shares. UBS Group boosted their price objective on Ollie's Bargain Outlet to $55.00 in a report on Thursday, June 9th. Royal Bank of Canada raised shares of Ollie's Bargain Outlet from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $47.00 to $65.00 in a research note on Thursday, June 9th. KeyCorp lifted their price objective on shares of Ollie's Bargain Outlet from $75.00 to $79.00 and gave the stock an "overweight" rating in a research report on Friday, July 15th. Citigroup increased their target price on Ollie's Bargain Outlet from $43.00 to $55.00 and gave the company a "neutral" rating in a report on Thursday, June 9th. Finally, Wells Fargo & Company lifted their price target on Ollie's Bargain Outlet from $70.00 to $75.00 and gave the company an "overweight" rating in a report on Thursday, July 7th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Ollie's Bargain Outlet presently has an average rating of "Hold" and a consensus target price of $64.13.

Ollie's Bargain Outlet Price Performance

Shares of NASDAQ:OLLI traded down $0.78 during trading hours on Friday, hitting $64.99. 37,806 shares of the stock were exchanged, compared to its average volume of 1,120,883. Ollie's Bargain Outlet has a one year low of $37.67 and a one year high of $85.52. The company's 50 day moving average is $62.93 and its 200 day moving average is $51.94. The firm has a market capitalization of $4.06 billion, a P/E ratio of 36.74, a P/E/G ratio of 1.99 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 (EPS) 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 business had revenue of $406.70 million during the quarter, compared to analyst estimates of $417.48 million. During the same period in the prior year, the business posted $0.80 earnings per share. The company's revenue for the quarter was down 10.1% compared to the same quarter last year. Research 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

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
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OLLI Company Calendar

Last Earnings
6/08/2022
Today
8/20/2022
Next Earnings (Confirmed)
9/01/2022
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
-1.3%
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
$2.85 per share
Book Value
$20.40 per share

Miscellaneous

Free Float
62,033,000
Market Cap
$4.06 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  McLainMr. 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













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 year. 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 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 predict the company's share price to reach $64.13 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
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 27.0% and is now trading at $65.00.
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, September 1st 2022.
View our OLLI earnings forecast
.

How were Ollie's Bargain Outlet's earnings last quarter?

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) announced its quarterly earnings data on Wednesday, June, 8th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.30 by $0.10. The company earned $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 trailing twelve-month return on equity of 8.58%. Ollie's Bargain Outlet's revenue was down 10.1% on a year-over-year basis. During the same quarter last year, the company earned $0.80 earnings per share.

What guidance has Ollie's Bargain Outlet issued on next quarter's earnings?

Ollie's Bargain Outlet updated 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 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 many different institutional and retail 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 $65.00.

How much money does Ollie's Bargain Outlet make?

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.06 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 8/20/2022 by MarketBeat.com Staff

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