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

Ollie's Bargain Outlet trades on the NASDAQ under the ticker symbol "OLLI."

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) announced its quarterly earnings results on Tuesday, December, 10th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.03. The business had revenue of $327.05 million for the quarter, compared to analyst estimates of $322.56 million. Ollie's Bargain Outlet had a return on equity of 12.89% and a net margin of 10.20%. The company's quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 EPS. View Ollie's Bargain Outlet's Earnings History.

Ollie's Bargain Outlet is scheduled to release their next quarterly earnings announcement on Tuesday, March 24th 2020. View Earnings Estimates for Ollie's Bargain Outlet.

Ollie's Bargain Outlet issued an update on its FY20 earnings guidance on Tuesday, December, 10th. The company provided earnings per share (EPS) guidance of $1.95-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.96. The company issued revenue guidance of $1.419-1.430 billion, compared to the consensus revenue estimate of $1.43 billion.

12 brokerages have issued twelve-month target prices for Ollie's Bargain Outlet's shares. Their forecasts range from $60.00 to $115.00. On average, they anticipate Ollie's Bargain Outlet's share price to reach $77.75 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for Ollie's Bargain Outlet.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ollie's Bargain Outlet.

News coverage about OLLI stock has trended somewhat positive on Monday, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Ollie's Bargain Outlet earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Ollie's Bargain Outlet.

Some companies that are related to Ollie's Bargain Outlet include Five Below (FIVE), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

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), Boyd Gaming (BYD), Alibaba Group (BABA), Paypal (PYPL), Walt Disney (DIS), Netflix (NFLX), Shopify (SHOP) and Cisco Systems (CSCO).

(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 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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.53%), Artisan Partners Limited Partnership (4.24%), FMR LLC (4.10%), William Blair Investment Management LLC (2.97%), State Street Corp (2.02%) and Rheos Capital Works Inc. (1.94%). Company insiders that own Ollie's Bargain Outlet stock include Howard Freedman, Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler, Omar Segura, Stanley Fleishman and Thomas Hendrickson. View Institutional Ownership Trends for Ollie's Bargain Outlet.

OLLI stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management LLC, Marshall Wace LLP, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, PNC Financial Services Group Inc., Hodges Capital Management Inc., Cubist Systematic Strategies LLC and AQR Capital Management LLC. Company insiders that have sold Ollie's Bargain Outlet company stock in the last year include Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Omar Segura and Thomas Hendrickson. View Insider Buying and Selling for Ollie's Bargain Outlet.

OLLI stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Artisan Partners Limited Partnership, GW&K Investment Management LLC, FMR LLC, Goldman Sachs Group Inc., Marshall Wace North America L.P., Massachusetts Financial Services Co. MA and Rheos Capital Works Inc.. View Insider Buying and Selling 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 $56.18.

Ollie's Bargain Outlet has a market capitalization of $3.58 billion and generates $1.24 billion in revenue each year. The company earns $135.01 million in net income (profit) each year or $1.83 on an earnings per share basis. Ollie's Bargain Outlet employs 7,700 workers across the globe.View Additional Information About Ollie's Bargain Outlet.

The official website for Ollie's Bargain Outlet is http://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]