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

15 Wall Street research 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 research 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.
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15 analysts have issued 1-year target prices for Ollie's Bargain Outlet's stock. Their OLLI share price forecasts range from $39.00 to $98.00. On average, they anticipate the company's share price to reach $64.13 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
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Ollie's Bargain Outlet's stock was trading at $51.19 at the beginning of 2022. Since then, OLLI stock has increased by 27.1% and is now trading at $65.08.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
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Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) announced its 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. The firm earned $406.70 million during the quarter, compared to analysts' expectations of $417.48 million. Ollie's Bargain Outlet had a trailing twelve-month return on equity of 8.58% and a net margin of 6.72%. The firm's revenue for the quarter was down 10.1% on a year-over-year basis. During the same period last year, the company posted $0.80 earnings per share.

Ollie's Bargain Outlet updated 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 earnings per share 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.

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.

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(OLLI) raised $125 million in an initial public offering (IPO) 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 many different retail and institutional investors. Top institutional investors 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.
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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.
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One share of OLLI stock can currently be purchased for approximately $65.08.

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $4.07 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.

The company employs 9,900 workers across the globe.

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.