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

15 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, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1-year price targets for Ollie's Bargain Outlet's shares. Their OLLI share price forecasts range from $50.00 to $79.00. On average, they predict the company's share price to reach $63.07 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
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Ollie's Bargain Outlet's stock was trading at $51.19 on January 1st, 2022. Since then, OLLI stock has increased by 0.5% and is now trading at $51.47.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
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Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) issued its quarterly earnings data on Thursday, September, 1st. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.11. The company earned $452.40 million during the quarter, compared to the consensus estimate of $457.43 million. Ollie's Bargain Outlet had a net margin of 5.42% and a trailing twelve-month return on equity of 7.15%. The business's revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 EPS.

Ollie's Bargain Outlet issued an update on its third quarter 2022 earnings guidance on Thursday, September, 29th. The company provided earnings per share guidance of $0.39-$0.43 for the period, compared to the consensus EPS estimate of $0.34. The company issued revenue guidance of $426.00 million-$434.00 million, compared to the consensus revenue estimate of $438.98 million.

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.

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), Block (SQ), Hawkins (HWKN), Mastercard (MA), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

(OLLI) raised $125 million in an initial public offering (IPO) 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 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."

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 $51.47.

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $3.22 billion and generates $1.75 billion in revenue each year. The company earns $157.46 million in net income (profit) each year or $1.49 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.