Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Given Average Recommendation of “Moderate Buy” by Brokerages

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has been given an average recommendation of “Moderate Buy” by the sixteen research firms that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $137.2143.

OLLI has been the topic of several recent research reports. JPMorgan Chase & Co. lowered their price objective on shares of Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. Piper Sandler reaffirmed an “overweight” rating and issued a $128.00 price objective (down from $140.00) on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th. UBS Group set a $125.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Monday, March 16th. Royal Bank Of Canada cut their price objective on Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company cut their price objective on Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, May 13th.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI opened at $82.54 on Friday. The firm’s 50 day moving average is $88.25 and its 200-day moving average is $104.67. The stock has a market capitalization of $5.01 billion, a P/E ratio of 21.16, a P/E/G ratio of 1.38 and a beta of 0.48. Ollie’s Bargain Outlet has a 12-month low of $73.32 and a 12-month high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.01. The company had revenue of $779.26 million for the quarter, compared to analysts’ expectations of $783.72 million. Ollie’s Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The business’s revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, equities research analysts forecast that Ollie’s Bargain Outlet will post 4.48 EPS for the current fiscal year.

Insider Transactions at Ollie’s Bargain Outlet

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 3,330 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total transaction of $319,014.00. Following the sale, the chairman owned 48,200 shares in the company, valued at approximately $4,617,560. The trade was a 6.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 12,459 shares of company stock worth $1,149,218. 0.75% of the stock is currently owned by insiders.

Institutional Trading of Ollie’s Bargain Outlet

Institutional investors and hedge funds have recently bought and sold shares of the stock. Peregrine Capital Management LLC boosted its holdings in shares of Ollie’s Bargain Outlet by 21.2% during the fourth quarter. Peregrine Capital Management LLC now owns 120,733 shares of the company’s stock worth $13,234,000 after purchasing an additional 21,138 shares during the period. TimesSquare Capital Management LLC boosted its holdings in shares of Ollie’s Bargain Outlet by 42.7% during the fourth quarter. TimesSquare Capital Management LLC now owns 246,235 shares of the company’s stock worth $26,990,000 after purchasing an additional 73,633 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Ollie’s Bargain Outlet by 80.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 213,047 shares of the company’s stock worth $23,352,000 after purchasing an additional 95,011 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of Ollie’s Bargain Outlet by 63.9% during the third quarter. New York State Common Retirement Fund now owns 104,385 shares of the company’s stock worth $13,403,000 after purchasing an additional 40,705 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in shares of Ollie’s Bargain Outlet during the third quarter worth approximately $1,672,000.

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.