Zacks Research Issues Pessimistic Outlook for OLLI Earnings

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Equities research analysts at Zacks Research decreased their Q2 2027 earnings estimates for shares of Ollie’s Bargain Outlet in a research note issued on Wednesday, March 25th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.16 for the quarter, down from their prior forecast of $1.18. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is $3.29 per share. Zacks Research also issued estimates for Ollie’s Bargain Outlet’s Q4 2027 earnings at $1.58 EPS, Q1 2028 earnings at $0.99 EPS, Q2 2028 earnings at $1.33 EPS, Q3 2028 earnings at $1.01 EPS, Q4 2028 earnings at $1.77 EPS, FY2028 earnings at $5.10 EPS and FY2029 earnings at $5.81 EPS.

Several other research firms have also recently weighed in on OLLI. Loop Capital upgraded Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and increased their price objective for the stock from $130.00 to $135.00 in a report on Monday, December 22nd. Piper Sandler restated an “overweight” rating and set a $128.00 target price (down from $140.00) on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $162.00 price target on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. KeyCorp reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Finally, UBS Group set a $125.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Monday, March 16th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.50.

Ollie’s Bargain Outlet Price Performance

Shares of NASDAQ:OLLI opened at $91.01 on Thursday. The stock’s 50-day moving average is $108.28 and its 200 day moving average is $117.34. The company has a market cap of $5.55 billion, a PE ratio of 23.34, a P/E/G ratio of 1.63 and a beta of 0.53. Ollie’s Bargain Outlet has a 1 year low of $90.60 and a 1 year high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS.

Insider Buying and Selling

In other news, Chairman John W. Swygert sold 1,126 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $112.06, for a total transaction of $126,179.56. Following the sale, the chairman owned 48,200 shares in the company, valued at approximately $5,401,292. The trade was a 2.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.75% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Wasatch Advisors LP boosted its stake in Ollie’s Bargain Outlet by 1.2% during the second quarter. Wasatch Advisors LP now owns 4,062,147 shares of the company’s stock worth $535,310,000 after acquiring an additional 49,603 shares in the last quarter. Invesco Ltd. increased its stake in shares of Ollie’s Bargain Outlet by 17.2% during the third quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock valued at $384,282,000 after purchasing an additional 440,243 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Ollie’s Bargain Outlet by 315.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock valued at $187,117,000 after purchasing an additional 1,296,672 shares in the last quarter. Hood River Capital Management LLC lifted its holdings in shares of Ollie’s Bargain Outlet by 165.4% during the second quarter. Hood River Capital Management LLC now owns 1,240,339 shares of the company’s stock valued at $163,452,000 after purchasing an additional 773,013 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Ollie’s Bargain Outlet by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 1,217,762 shares of the company’s stock worth $133,504,000 after purchasing an additional 56,948 shares in the last quarter.

Key Headlines Impacting Ollie’s Bargain Outlet

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and annual EPS projections for OLLI (Q1–Q4 2027/2028 tweaks and FY2028, FY2029 lifts), signaling analysts expect stronger future profitability — a likely support for the stock. (Estimates include FY2028 $5.10, FY2029 $5.81 per the Zacks updates.)
• Positive Sentiment: Zacks also highlighted Ollie’s as a top-ranked value stock in a Zacks feature piece, which can attract value-oriented investors and buy-side interest. Zacks article
• Positive Sentiment: Ongoing brick-and-mortar expansion — a new Ollie’s location opened in La Crosse with promotional grand-opening deals — supports revenue growth and market penetration. La Crosse opening
• Neutral Sentiment: Previous quarterly results showed a slight EPS beat and solid year-over-year revenue growth; management set FY2026 guidance of roughly $4.40–$4.50 EPS — positive fundamentals but earlier-period guidance differs from the longer-range Zacks projections.
• Neutral Sentiment: Reports show a large increase in short interest for March, but the published data appears erroneous (short interest listed as 0 shares / NaN changes). Because the figures are inconsistent, there’s no reliable signal of heightened short pressure at this time.

Ollie’s Bargain Outlet Company Profile

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.