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. Since then, OLLI shares have increased by 116.4% and is now trading at $100.26. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ollie's Bargain Outlet.

Ollie's Bargain Outlet is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Ollie's Bargain Outlet.

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) announced its quarterly earnings results on Thursday, May, 28th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.16. The company had revenue of $349.40 million for the quarter, compared to analyst estimates of $322.90 million. Ollie's Bargain Outlet had a net margin of 9.48% and a return on equity of 12.56%. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.46 earnings per share. View Ollie's Bargain Outlet's earnings history.

16 equities research analysts have issued twelve-month price targets for Ollie's Bargain Outlet's shares. Their forecasts range from $39.00 to $111.00. On average, they expect Ollie's Bargain Outlet's stock price to reach $85.63 in the next year. This suggests that the stock has a possible downside of 14.6%. View analysts' price targets for Ollie's Bargain Outlet.

Headlines about OLLI stock have trended very negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. 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 news sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Ollie's Bargain Outlet.

Ollie's Bargain Outlet saw a decline in short interest in June. As of June 30th, there was short interest totaling 10,460,000 shares, a decline of 11.8% from the June 15th total of 11,860,000 shares. Based on an average daily volume of 1,640,000 shares, the short-interest ratio is presently 6.4 days. Approximately 21.8% of the shares of the company are sold short. View Ollie's Bargain Outlet's Current Options Chain.

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). View all competitors.

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), Alibaba Group (BABA), Paypal (PYPL), Walt Disney (DIS), Shopify (SHOP), Boyd Gaming (BYD), Netflix (NFLX) and Trade Desk (TTD).

(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 variety of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (1.53%), Wedge Capital Management L L P NC (0.51%), Envestnet Asset Management Inc. (0.14%), Whittier Trust Co. (0.12%), Whittier Trust Co. of Nevada Inc. (0.05%) and Legacy Capital Partners Inc. (0.02%). 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, 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 Whittier Trust Co., and Legacy Capital Partners Inc.. Company insiders that have sold Ollie's Bargain Outlet company stock in the last year include John W Swygert, Kenneth Robert Bertram, Kevin Mclain, and Omar Segura. View insider buying and selling activity for Ollie's Bargain Outlet.

OLLI stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., Riverbridge Partners LLC, Whittier Trust Co. of Nevada Inc., and West Branch Capital LLC. View insider buying and selling activity 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 $100.26.

Ollie's Bargain Outlet has a market capitalization of $6.40 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]