Ollie’s Bargain Outlet (NASDAQ:OLLI – Free Report) had its target price increased by Royal Bank Of Canada from $147.00 to $155.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the stock.
OLLI has been the subject of several other reports. Loop Capital raised shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and lifted their target price for the company from $130.00 to $135.00 in a report on Monday, December 22nd. Morgan Stanley lowered their price target on shares of Ollie’s Bargain Outlet from $145.00 to $130.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 10th. Piper Sandler restated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. UBS Group cut their price objective on shares of Ollie’s Bargain Outlet from $141.00 to $130.00 and set a “neutral” rating for the company in a report on Wednesday, December 10th. Finally, Wells Fargo & Company upgraded shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $120.00 to $130.00 in a research report on Friday. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $141.86.
Ollie’s Bargain Outlet Stock Up 4.2%
Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.38% and a net margin of 9.08%.The company had revenue of $779.26 million during the quarter, compared to analysts’ expectations of $783.72 million. During the same period last year, the business earned $1.19 earnings per share. Ollie’s Bargain Outlet’s quarterly revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Equities analysts expect that Ollie’s Bargain Outlet will post 3.29 EPS for the current year.
Insider Activity at Ollie’s Bargain Outlet
In related news, Chairman John W. Swygert sold 1,126 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $112.06, for a total value of $126,179.56. Following the completion of the sale, the chairman owned 48,200 shares of the company’s stock, valued at approximately $5,401,292. This trade represents a 2.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.75% of the company’s stock.
Institutional Trading of Ollie’s Bargain Outlet
Several large investors have recently added to or reduced their stakes in OLLI. Cornerstone Planning Group LLC raised its holdings in shares of Ollie’s Bargain Outlet by 218.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares during the period. Allworth Financial LP grew its holdings in shares of Ollie’s Bargain Outlet by 301.8% in the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after purchasing an additional 166 shares during the period. Maseco LLP acquired a new stake in Ollie’s Bargain Outlet during the fourth quarter worth about $30,000. Private Trust Co. NA increased its position in Ollie’s Bargain Outlet by 71.3% during the third quarter. Private Trust Co. NA now owns 245 shares of the company’s stock worth $31,000 after purchasing an additional 102 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Ollie’s Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after purchasing an additional 92 shares during the period.
Ollie’s Bargain Outlet News Summary
Here are the key news stories impacting Ollie’s Bargain Outlet this week:
- Positive Sentiment: Q4 results beat on EPS and showed healthy momentum: EPS of $1.39 (beat by $0.01), comps +3.6% and revenue +16.8% y/y; company set FY2026 EPS guidance of $4.40–4.50 and revenue roughly $2.99–$3.01B — guidance is above prior street figures and supports multi-year growth from store openings and loyalty gains. Read More.
- Positive Sentiment: Aggressive store expansion remains a clear growth driver — Ollie’s opened ~86 stores last year and is rolling out dozens more across multiple states, which underpins revenue and comp growth opportunities. Read More.
- Positive Sentiment: Several brokers upgraded or raised targets after the print — RBC raised its target to $155 and Wells Fargo upgraded to overweight (PT $130), signaling renewed analyst confidence that expansion and conversions (e.g., Big Lots closures) can drive outsized upside. Read More.
- Neutral Sentiment: Earnings call transcript confirms results were broadly in line with expectations (management reiterated growth plan and discussed margin dynamics), offering more color but no surprise guidance changes beyond the issued FY range. Read More.
- Neutral Sentiment: Market commentary highlights strong fundamentals but flags valuation and the prospect that guidance may be conservative — several pieces call the business high quality but note the share pullback and mixed near-term comparisons. Read More.
- Negative Sentiment: Not all analysts were uniformly more bullish — Morgan Stanley cut its price target to $120 and set an equal‑weight rating, reflecting caution on near-term upside despite the long‑term story. Read More.
- Negative Sentiment: Revenue slightly missed consensus ($779.3M vs. ~$783.7M) and the EPS beat was marginal, which leaves room for investor sensitivity if future quarters show similar tight misses versus elevated expectations. Read More.
About Ollie’s Bargain Outlet
Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.
Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.
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