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NASDAQ:OLLI

Ollie's Bargain Outlet (OLLI) Stock Price, News & Analysis

Ollie's Bargain Outlet logo
$91.83
+0.93 (+1.02%)
(As of 10/31/2024 ET)

About Ollie's Bargain Outlet Stock (NASDAQ:OLLI)

Key Stats

Today's Range
$90.71
$92.72
50-Day Range
$86.90
$102.06
52-Week Range
$68.05
$104.98
Volume
926,972 shs
Average Volume
1.03 million shs
Market Capitalization
$5.63 billion
P/E Ratio
28.00
Dividend Yield
N/A
Price Target
$104.92
Consensus Rating
Moderate Buy

Company Overview

Ollie's Bargain Outlet Holdings, Inc. is a prominent American chain of discount closeout retailers. Founded in 1982 by Morton Bernstein, Mark L. Butler, Harry Coverman, and Oliver E. "Ollie" Rosenberg in Mechanicsburg, Pennsylvania, the company has become a leading destination for value-conscious shoppers. Ollie's Bargain Outlet offers a wide selection of discounted household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products. With its mission to provide unparalleled value to customers, the company operates 468 locations across 29 states. The stores feature humorous caricatures of its namesake co-founder, Ollie Rosenberg, adding a distinctive and light-hearted touch to the shopping experience.

Ollie's Bargain Outlet is led by a highly skilled and experienced management team. John W. Swygert, Jr. serves as the President, Chief Executive Officer, and Director, overseeing the company's overall operations and strategic direction. With his extensive background in retail, Swygert has been instrumental in driving growth and expansion. Robert F. Helm, the Senior Vice President and Chief Financial Officer, brings his financial expertise to effectively manage the company's financial operations. 

Ollie's Bargain Outlet has demonstrated strong financial performance over the past few years. The company reported annual sales that have increased yearly, highlighting its ability to generate substantial revenue. Ollie's Bargain Outlet achieved a respectable net income reflecting its profitability in a competitive retail landscape. The company has maintained a healthy profitability level with a net profit margin of over 5%. Ollie's Bargain Outlet has also managed its debt levels prudently, positioning itself with a solid balance sheet. 

Ollie's Bargain Outlet operates in the discount retail industry, which is highly competitive and subject to various trends, competitors, and regulatory factors. Understanding the broader industry landscape is crucial for assessing the company's competitive positioning. Ollie's Bargain Outlet leverages its unique business model, which involves purchasing merchandise directly from manufacturers and retailers in bulk, enabling it to offer customers deeply discounted products. This approach gives the company a competitive advantage in providing a diverse range of products at compelling prices.

Ollie's Bargain Outlet has identified several growth opportunities to expand its market presence further. These opportunities include new product launches, acquisitions, and expansions into new markets. By capitalizing on its competitive advantages, such as its strong supplier relationships, efficient supply chain, and extensive store network, the company can pursue these growth avenues effectively. The ability to continuously deliver value to customers while exploring new markets and product categories positions Ollie's Bargain Outlet for sustained growth.

While Ollie's Bargain Outlet has experienced success, it also faces potential risks and challenges. Changes in consumer preferences and spending habits, evolving market dynamics, and competitive pressures are significant factors that can impact the company's performance. Regulatory changes related to labor, trade, or environmental policies may also pose challenges. However, Ollie's Bargain Outlet employs robust risk management strategies and stays adaptable to market shifts, mitigating potential risks. The company's customer-centric approach and ability to respond to changing market conditions position it well to overcome challenges and maintain its competitive edge.

Ollie's Bargain Outlet Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

OLLI MarketRank™: 

Ollie's Bargain Outlet scored higher than 84% of companies evaluated by MarketBeat, and ranked 33rd out of 143 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ollie's Bargain Outlet has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ollie's Bargain Outlet has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ollie's Bargain Outlet's stock forecast and price target.
  • Earnings Growth

    Earnings for Ollie's Bargain Outlet are expected to grow by 13.41% in the coming year, from $3.28 to $3.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ollie's Bargain Outlet is 28.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ollie's Bargain Outlet is 28.00, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.89.

  • Price to Earnings Growth Ratio

    Ollie's Bargain Outlet has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ollie's Bargain Outlet has a P/B Ratio of 3.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Ollie's Bargain Outlet's valuation and earnings.
  • Percentage of Shares Shorted

    5.84% of the float of Ollie's Bargain Outlet has been sold short.
  • Short Interest Ratio / Days to Cover

    Ollie's Bargain Outlet has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ollie's Bargain Outlet has recently increased by 12.26%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Ollie's Bargain Outlet does not currently pay a dividend.

  • Dividend Growth

    Ollie's Bargain Outlet does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.84% of the float of Ollie's Bargain Outlet has been sold short.
  • Short Interest Ratio / Days to Cover

    Ollie's Bargain Outlet has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ollie's Bargain Outlet has recently increased by 12.26%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Ollie's Bargain Outlet has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Ollie's Bargain Outlet this week, compared to 8 articles on an average week.
  • Search Interest

    Only 1 people have searched for OLLI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Ollie's Bargain Outlet to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ollie's Bargain Outlet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,462,470.00 in company stock.

  • Percentage Held by Insiders

    Only 0.87% of the stock of Ollie's Bargain Outlet is held by insiders.

  • Read more about Ollie's Bargain Outlet's insider trading history.
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OLLI Stock News Headlines

Urgent: This election is rigged
If you missed it, my emergency election broadcast is now available - but will be removed soon
Ollie’s Bargain Outlet Holding (OLLI) Gets a Buy from Craig-Hallum
See More Headlines

OLLI Stock Analysis - Frequently Asked Questions

Ollie's Bargain Outlet's stock was trading at $75.89 at the start of the year. Since then, OLLI stock has increased by 21.0% and is now trading at $91.83.
View the best growth stocks for 2024 here
.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) posted its quarterly earnings results on Thursday, August, 29th. The company reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The company's revenue for the quarter was up 12.4% compared to the same quarter last year.

Ollie's Bargain Outlet (OLLI) raised $125 million in an 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.

Top institutional shareholders of Ollie's Bargain Outlet include Congress Asset Management Co. (1.11%), Tributary Capital Management LLC (0.46%), Emerald Advisers LLC (0.42%) and Emerald Mutual Fund Advisers Trust (0.31%). Insiders that own company stock include John W Swygert, Kevin Mclain, Thomas Hendrickson, Der Valk Eric Van, James J Comitale, Robert F Helm and Larry Kraus.
View institutional ownership trends
.

Shares of OLLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ollie's Bargain Outlet investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
8/29/2024
Today
10/31/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Retail
Current Symbol
NASDAQ:OLLI
Fax
N/A
Employees
11,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$104.92
High Stock Price Target
$115.00
Low Stock Price Target
$92.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$181.44 million
Pretax Margin
12.22%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$3.54 per share
Book Value
$24.49 per share

Miscellaneous

Free Float
60,814,000
Market Cap
$5.63 billion
Optionable
Optionable
Beta
0.84

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This page (NASDAQ:OLLI) was last updated on 10/31/2024 by MarketBeat.com Staff
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