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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OLLI shares.
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12 brokers have issued 1-year target prices for Ollie's Bargain Outlet's stock. Their OLLI share price forecasts range from $45.00 to $79.00. On average, they predict the company's stock price to reach $59.40 in the next year. This suggests a possible upside of 5.8% from the stock's current price.
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Ollie's Bargain Outlet's stock was trading at $46.84 at the beginning of 2023. Since then, OLLI shares have increased by 19.9% and is now trading at $56.15.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
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Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) issued its quarterly earnings data on Wednesday, December, 7th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.04. The firm earned $418.07 million during the quarter, compared to the consensus estimate of $431.37 million. Ollie's Bargain Outlet had a trailing twelve-month return on equity of 7.15% and a net margin of 5.31%.

Ollie's Bargain Outlet updated its FY 2022 earnings guidance on Wednesday, December, 7th. The company provided EPS guidance of $1.57-$1.62 for the period, compared to the consensus estimate of $1.82. The company issued revenue guidance of $1.82 billion-$1.83 billion, compared to the consensus revenue estimate of $1.85 billion.

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 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 shareholders include Riverbridge Partners LLC (0.95%), Tributary Capital Management LLC (0.45%), Redwood Investments LLC (0.34%), Fenimore Asset Management Inc. (0.32%), Rheos Capital Works Inc. (0.29%) and Ziegler Capital Management LLC (0.29%). Insiders that own company 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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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 $56.15.

Ollie's Bargain Outlet (NASDAQ:OLLI) has a market capitalization of $3.49 billion and generates $1.75 billion in revenue each year. The company earns $157.46 million in net income (profit) each year or $1.50 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.