Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Receives $107.29 Consensus PT from Brokerages

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $102.4286.

A number of brokerages have weighed in on OLLI. Citigroup lowered their target price on Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating for the company in a report on Friday. Piper Sandler set a $98.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Thursday. Royal Bank Of Canada lifted their price objective on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the company an “outperform” rating in a research note on Thursday, September 3rd. Craig Hallum reiterated a “buy” rating and set a $120.00 target price on shares of Ollie’s Bargain Outlet in a research report on Thursday. Finally, The Goldman Sachs Group cut their target price on shares of Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd.

Institutional Trading of Ollie’s Bargain Outlet

Several large investors have recently made changes to their positions in the company. Jupiter Topco LLC bought a new stake in shares of Ollie’s Bargain Outlet during the second quarter valued at approximately $2,066,000. TimesSquare Capital Management LLC lifted its holdings in shares of Ollie’s Bargain Outlet by 42.7% in the 4th 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 in the last quarter. Capital World Investors grew its position in Ollie’s Bargain Outlet by 76.5% in the 4th quarter. Capital World Investors now owns 695,464 shares of the company’s stock valued at $76,230,000 after purchasing an additional 301,332 shares during the period. Stephens Investment Management Group LLC grew its position in Ollie’s Bargain Outlet by 32.8% in the 1st quarter. Stephens Investment Management Group LLC now owns 1,126,255 shares of the company’s stock valued at $103,661,000 after purchasing an additional 277,870 shares during the period. Finally, Dynamic Technology Lab Private Ltd increased its stake in Ollie’s Bargain Outlet by 168.4% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 28,133 shares of the company’s stock valued at $3,084,000 after purchasing an additional 17,653 shares in the last quarter.

Ollie’s Bargain Outlet Stock Performance

NASDAQ:OLLI opened at $76.57 on Tuesday. The firm’s fifty day moving average is $72.45 and its 200-day moving average is $83.68. Ollie’s Bargain Outlet has a 52 week low of $60.29 and a 52 week high of $139.21. The firm has a market cap of $4.55 billion, a P/E ratio of 17.09, a P/E/G ratio of 1.27 and a beta of 0.50.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its earnings results on Wednesday, September 2nd. The company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.30. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. The business had revenue of $741.31 million during the quarter, compared to the consensus estimate of $747.71 million. During the same quarter last year, the firm earned $0.99 earnings per share. Ollie’s Bargain Outlet’s quarterly revenue was up 9.1% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, sell-side analysts anticipate that Ollie’s Bargain Outlet will post 4.61 earnings per share for the current year.

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.