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 (WHO). Since then, OLLI shares have increased by 124.3% and is now trading at $103.94.
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16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Ollie's Bargain Outlet is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020.
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Ollie's Bargain Outlet will be holding an earnings conference call on Thursday, August 27th 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) announced its earnings results on Thursday, May, 28th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.16. The firm earned $349.40 million during the quarter, compared to analysts' expectations of $322.90 million. Ollie's Bargain Outlet had a return on equity of 12.56% and a net margin of 9.48%. Ollie's Bargain Outlet's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.46 earnings per share.
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Ollie's Bargain Outlet issued an update on its second quarter 2020 After-Hours earnings guidance on Tuesday, July, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $515-515 million, compared to the consensus revenue estimate of $387.84 million.

16 brokerages have issued 1 year target prices for Ollie's Bargain Outlet's shares. Their forecasts range from $59.00 to $124.00. On average, they expect Ollie's Bargain Outlet's share price to reach $97.13 in the next year. This suggests that the stock has a possible downside of 6.6%.
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Media coverage about OLLI stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ollie's Bargain Outlet earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
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Ollie's Bargain Outlet saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 14,030,000 shares, an increase of 11.4% from the January 31st total of 12,590,000 shares. Based on an average trading volume of 1,590,000 shares, the short-interest ratio is currently 8.8 days. Approximately 25.5% of the shares of the stock are short sold.
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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).
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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), Axon Enterprise (AAXN), Hawkins (HWKN), Paypal (PYPL), Alibaba Group (BABA), Walt Disney (DIS), Cisco Systems (CSCO), Mastercard (MA), 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 a price of $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 retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (9.73%), Vanguard Group Inc. (7.05%), FMR LLC (5.28%), Wasatch Advisors Inc. (4.29%), Bank of New York Mellon Corp (2.34%) and Riverbridge Partners LLC (1.53%). 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 Wasatch Advisors Inc., Baird Financial Group Inc., Bank of New York Mellon Corp, TimesSquare Capital Management LLC, Bank of America Corp DE, UBS Group AG, Advisor Group Holdings Inc., and Anchor Capital Advisors LLC. 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.
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OLLI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Wedge Capital Management L L P NC, Victory Capital Management Inc., Peregrine Capital Management LLC, Federated Hermes Inc., Fenimore Asset Management Inc., Retirement Systems of Alabama, and Tributary Capital 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of OLLI stock can currently be purchased for approximately $103.94.

Ollie's Bargain Outlet has a market capitalization of $6.63 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]