Equities Analysts Issue Forecasts for OLLI Q3 Earnings

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Investment analysts at Zacks Research lowered their Q3 2027 earnings per share (EPS) estimates for Ollie’s Bargain Outlet in a note issued to investors on Tuesday, September 15th. Zacks Research analyst Team now expects that the company will post earnings of $0.76 per share for the quarter, down from their previous estimate of $0.83. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is $4.60 per share. Zacks Research also issued estimates for Ollie’s Bargain Outlet’s Q4 2027 earnings at $1.53 EPS, FY2027 earnings at $4.62 EPS, Q1 2028 earnings at $1.00 EPS, Q2 2028 earnings at $1.22 EPS, Q3 2028 earnings at $0.95 EPS, Q4 2028 earnings at $1.70 EPS, FY2028 earnings at $4.87 EPS, Q1 2029 earnings at $1.10 EPS, Q2 2029 earnings at $1.33 EPS and FY2029 earnings at $5.32 EPS.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.12 by $0.30. The company had revenue of $741.31 million for the quarter, compared to the consensus estimate of $747.71 million. Ollie’s Bargain Outlet had a net margin of 9.79% and a return on equity of 14.54%. Ollie’s Bargain Outlet’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS.

OLLI has been the subject of a number of other research reports. UBS Group cut their price objective on shares of Ollie’s Bargain Outlet from $87.00 to $85.00 and set a “neutral” rating for the company in a research report on Thursday, August 27th. Morgan Stanley dropped their target price on shares of Ollie’s Bargain Outlet from $108.00 to $98.00 and set an “equal weight” rating for the company in a research report on Thursday, September 3rd. Loop Capital reissued a “buy” rating and set a $135.00 price target on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. The Goldman Sachs Group lowered their price objective on shares of Ollie’s Bargain Outlet from $112.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, September 3rd. Finally, Gordon Haskett restated an “accumulate” rating and issued a $90.00 target price (down from $100.00) on shares of Ollie’s Bargain Outlet in a report on Thursday, June 4th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $102.43.

Ollie’s Bargain Outlet Trading Down 4.7%

NASDAQ:OLLI opened at $73.40 on Wednesday. The company has a 50 day simple moving average of $72.60 and a two-hundred day simple moving average of $82.23. The company has a market cap of $4.36 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 1.27 and a beta of 0.50. Ollie’s Bargain Outlet has a 12 month low of $60.29 and a 12 month high of $139.21.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC boosted its position in Ollie’s Bargain Outlet by 35.8% in the 2nd quarter. Tidal Investments LLC now owns 241,268 shares of the company’s stock valued at $18,549,000 after buying an additional 63,607 shares during the period. WINTON GROUP Ltd boosted its position in Ollie’s Bargain Outlet by 46.5% during the 2nd quarter. WINTON GROUP Ltd now owns 67,584 shares of the company’s stock valued at $5,196,000 after acquiring an additional 21,437 shares in the last quarter. Engineers Gate Manager LP grew its stake in Ollie’s Bargain Outlet by 176.4% in the second quarter. Engineers Gate Manager LP now owns 33,639 shares of the company’s stock valued at $2,586,000 after purchasing an additional 21,467 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Ollie’s Bargain Outlet by 39.9% in the 2nd quarter. NewEdge Advisors LLC now owns 6,285 shares of the company’s stock worth $483,000 after buying an additional 1,794 shares during the last quarter. Finally, IFP Advisors Inc grew its holdings in Ollie’s Bargain Outlet by 2,589.8% in the second quarter. IFP Advisors Inc now owns 10,275 shares of the company’s stock worth $790,000 after purchasing an additional 9,893 shares during the last quarter.

Key Stories Impacting Ollie’s Bargain Outlet

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

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate to $4.62 from $4.52, slightly above the current consensus estimate of $4.60. However, this improvement was limited and was offset by broader estimate reductions.
• Neutral Sentiment: Zacks highlighted Ollie’s as a strong momentum stock based on its Style Scores, potentially supporting investor interest, although the article is a general factor-based commentary rather than a company-specific earnings update. Here’s Why Ollie’s Bargain Outlet Is a Strong Momentum Stock
• Neutral Sentiment: A separate Zacks analysis identified Ollie’s as a long-term value stock, which may appeal to value-oriented investors, but it provided no new operating or financial catalyst. Why Ollie’s Bargain Outlet Is a Top Value Stock for the Long Term
• Negative Sentiment: Zacks cut EPS estimates across multiple future periods, including Q3 FY2027 to $0.76 from $0.83, FY2028 to $4.87 from $5.12, and FY2029 to $5.32 from $5.81. Estimates were also reduced for Q1–Q4 FY2028 and Q1–Q2 FY2029. The broad downward revisions suggest analysts see weaker-than-expected earnings momentum, which is likely contributing to the stock’s decreased performance.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc operates a chain of value-oriented retail stores under the Ollie’s Bargain Outlet name. The company purchases closeout, excess, overstock, discontinued and salvage merchandise from manufacturers, distributors and other retailers, allowing it to offer products at discounted prices.

Its merchandise assortment typically includes housewares, food, hardware, toys, seasonal goods, apparel, health and personal-care products, books, flooring and other home-related items.