Ollie's Bargain Outlet Stock Forecast, Price & News

15 Wall Street equities 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 equities research analysts is that investors should "hold" Ollie's Bargain Outlet stock. 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 brokers have issued 12 month price objectives for Ollie's Bargain Outlet's shares. Their OLLI stock forecasts range from $39.00 to $98.00. On average, they expect Ollie's Bargain Outlet's share price to reach $63.53 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
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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 21.5% and is now trading at $62.20.
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Ollie's Bargain Outlet 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) issued its quarterly earnings results on Wednesday, June, 8th. The company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 6.72% and a trailing twelve-month return on equity of 8.58%. The firm's quarterly revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS.
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Ollie's Bargain Outlet issued an update on its FY 2022 earnings guidance on Wednesday, June, 22nd. 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 CEO Mark Butler on Glassdoor.com. Mark Butler has an approval rating of 72% among Ollie's Bargain Outlet's employees.

Some companies that are related to Ollie's Bargain Outlet include BJ's Wholesale Club (BJ), Five Below (FIVE), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ), Tuesday Morning (TUEM) 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), Walt Disney (DIS), Square (SQ), Hawkins (HWKN), (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 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."

Ollie's Bargain Outlet's stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors Inc. (11.72%), Vanguard Group Inc. (8.15%), BlackRock Inc. (7.72%), Bank of New York Mellon Corp (2.87%), State Street Corp (2.70%) and Royal London Asset Management Ltd. (1.53%). Company insiders that own Ollie's Bargain Outlet 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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OLLI stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, JPMorgan Chase & Co., Riverbridge Partners LLC, GW&K Investment Management LLC, Northern Trust Corp, Vanguard Group Inc., Federated Hermes Inc., and Geneva Capital Management LLC. Company insiders that have sold Ollie's Bargain Outlet company stock in the last two years include John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Ray Daugherty, Scott Osborne, and Thomas Hendrickson.
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OLLI stock was bought by a variety of institutional investors in the last quarter, including Royal London Asset Management Ltd., Wolf Hill Capital Management LP, J. Goldman & Co LP, Bank of New York Mellon Corp, Renaissance Technologies LLC, Bank of Montreal Can, Goldman Sachs Group Inc., and WCM Investment Management LLC.
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Shares of OLLI 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 $62.20.

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $3.89 billion and generates $1.75 billion in revenue each year. The company earns $157.46 million in net income (profit) each year or $1.789990 on an earnings per share basis.

Ollie's Bargain Outlet 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 Ollie's Bargain Outlet is www.ollies.us. The company can be reached via phone at (717) 657-2300 or via email at [email protected].