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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OLLI stock has increased by 106.0% and is now trading at $95.44. 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) issued its quarterly earnings data on Thursday, May, 28th. The company reported $0.49 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.16. The business had revenue of $349.40 million for the quarter, compared to the consensus estimate of $322.90 million. Ollie's Bargain Outlet had a net margin of 9.48% and a return on equity of 12.56%. The firm's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS. View Ollie's Bargain Outlet's earnings history.

16 brokerages have issued 12 month price objectives for Ollie's Bargain Outlet's shares. Their forecasts range from $39.00 to $111.00. On average, they anticipate Ollie's Bargain Outlet's stock price to reach $85.63 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. View analysts' price targets for Ollie's Bargain Outlet.

News coverage about OLLI stock has trended very negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ollie's Bargain Outlet earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely 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 during the month of June. As of June 15th, there was short interest totaling 11,860,000 shares, a drop of 15.9% from the May 31st total of 14,100,000 shares. Based on an average daily trading volume, of 1,830,000 shares, the days-to-cover ratio is presently 6.5 days. Currently, 24.7% 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 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 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 $95.44.

Ollie's Bargain Outlet has a market capitalization of $6.09 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]