Ollie’s Bargain Outlet (NASDAQ:OLLI) Reaches New 12-Month Low – Time to Sell?

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $78.89 and last traded at $79.0550, with a volume of 75248 shares changing hands. The stock had previously closed at $82.21.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Truist Financial set a $135.00 price objective on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Wells Fargo & Company upgraded shares of Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $120.00 to $130.00 in a report on Friday, March 13th. Weiss Ratings cut shares of Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Jefferies Financial Group upgraded shares of Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and boosted their price objective for the company from $120.00 to $130.00 in a report on Thursday, April 2nd. Finally, UBS Group set a $125.00 price objective on shares of Ollie’s Bargain Outlet in a report on Monday, March 16th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Ollie’s Bargain Outlet has a consensus rating of “Moderate Buy” and an average price target of $138.36.

Ollie’s Bargain Outlet Price Performance

The stock’s 50 day simple moving average is $94.44 and its two-hundred day simple moving average is $108.25. The stock has a market cap of $4.56 billion, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 1.33 and a beta of 0.48.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The firm had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. During the same quarter in the previous year, the firm posted $1.19 earnings per share. The business’s 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. As a group, analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 5,231 shares of Ollie’s Bargain Outlet stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $92.09, for a total value of $481,722.79. Following the transaction, the chairman owned 48,200 shares of the company’s stock, valued at approximately $4,438,738. The trade was a 9.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,459 shares of company stock valued at $1,149,218 over the last 90 days. Insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Allworth Financial LP lifted its stake in 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 buying an additional 166 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Ollie’s Bargain Outlet by 218.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares in the last quarter. Maseco LLP bought a new stake in shares of Ollie’s Bargain Outlet in the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Ollie’s Bargain Outlet by 49.2% in 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 in the last quarter. Finally, Shell Asset Management Co. bought a new stake in shares of Ollie’s Bargain Outlet in the third quarter worth $37,000.

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.