Ollie's Bargain Outlet Stock Forecast, Price & 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 97.5% and is now trading at $91.50.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 2 sell ratings, 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Ollie's Bargain Outlet is scheduled to release its next quarterly earnings announcement on Thursday, December 3rd 2020.
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Ollie's Bargain Outlet will be holding an earnings conference call on Thursday, December 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) posted its quarterly earnings results on Thursday, August, 27th. The company reported $1.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.14. The firm had revenue of $529.30 million for the quarter, compared to the consensus estimate of $513.88 million. Ollie's Bargain Outlet had a net margin of 12.90% and a return on equity of 16.13%. The business's revenue was up 58.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 EPS.
View Ollie's Bargain Outlet's earnings history.

17 brokerages have issued 1-year price targets for Ollie's Bargain Outlet's shares. Their forecasts range from $59.00 to $128.00. On average, they expect Ollie's Bargain Outlet's stock price to reach $97.19 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
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Some companies that are related to Ollie's Bargain Outlet include Five Below (FIVE), BJ's Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) and Fred's (FREDQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ollie's Bargain Outlet investors own include NVIDIA (NVDA), PayPal (PYPL), The Walt Disney (DIS), Square (SQ), Hawkins (HWKN), Axon Enterprise (AAXN), Mastercard (MA), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

(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 served 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."

Ollie's Bargain Outlet's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.27%), Wasatch Advisors Inc. (4.01%), State Street Corp (1.96%), Neuberger Berman Group LLC (1.61%), Riverbridge Partners LLC (1.54%) and Wells Fargo & Company MN (1.50%). Company insiders that own Ollie's Bargain Outlet stock include Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler, Omar Segura, Scott Osborne, Stanley Fleishman and Thomas Hendrickson.
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OLLI stock was sold by a variety of institutional investors in the last quarter, including Rheos Capital Works Inc., BlackRock Inc., Morgan Stanley, Wasatch Advisors Inc., Massachusetts Financial Services Co. MA, Tributary Capital Management LLC, Squarepoint Ops LLC, and Schwartz Investment Counsel Inc.. Company insiders that have sold Ollie's Bargain Outlet company stock in the last year include John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Omar Segura, and Scott Osborne.
View insider buying and selling activity for Ollie's Bargain Outlet.

OLLI stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Voloridge Investment Management LLC, British Airways Pensions Investment Management Ltd, CI Investments Inc., Grandeur Peak Global Advisors LLC, Jupiter Asset Management Ltd., First Trust Advisors LP, and Kehrs Ridge Capital LLC.
View insider buying and selling activity 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 $91.50.

Ollie's Bargain Outlet has a market capitalization of $5.98 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 3,900 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]