Equities analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) will announce earnings of $0.21 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Ollie’s Bargain Outlet Holdings’ earnings. The lowest EPS estimate is $0.19 and the highest is $0.23. Ollie’s Bargain Outlet Holdings reported earnings of $0.17 per share in the same quarter last year, which indicates a positive year over year growth rate of 23.5%. The company is scheduled to report its next quarterly earnings report on Wednesday, December 6th.

According to Zacks, analysts expect that Ollie’s Bargain Outlet Holdings will report full-year earnings of $1.19 per share for the current fiscal year, with EPS estimates ranging from $1.17 to $1.20. For the next year, analysts anticipate that the company will post earnings of $1.42 per share, with EPS estimates ranging from $1.36 to $1.50. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Ollie’s Bargain Outlet Holdings.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last released its earnings results on Tuesday, August 29th. The company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.02. Ollie’s Bargain Outlet Holdings had a net margin of 7.60% and a return on equity of 10.44%. The firm had revenue of $254.60 million for the quarter, compared to analyst estimates of $242.85 million. During the same period in the prior year, the firm earned $0.21 earnings per share. The business’s quarterly revenue was up 20.5% compared to the same quarter last year.

A number of equities analysts have issued reports on the company. Jefferies Group LLC reaffirmed a “buy” rating and issued a $50.00 target price (up from $48.00) on shares of Ollie’s Bargain Outlet Holdings in a research report on Thursday, August 31st. Credit Suisse Group reaffirmed a “hold” rating on shares of Ollie’s Bargain Outlet Holdings in a research report on Sunday, June 4th. Zacks Investment Research lowered Ollie’s Bargain Outlet Holdings from a “buy” rating to a “hold” rating in a research report on Thursday. Royal Bank Of Canada upped their target price on Ollie’s Bargain Outlet Holdings from $47.00 to $49.00 and gave the company an “outperform” rating in a research report on Wednesday, August 30th. Finally, Piper Jaffray Companies set a $48.00 target price on Ollie’s Bargain Outlet Holdings and gave the company a “buy” rating in a research report on Thursday, June 1st. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $46.88.

Shares of Ollie’s Bargain Outlet Holdings (NASDAQ OLLI) opened at 45.20 on Friday. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 38.97 and a beta of 0.17. The company’s 50 day moving average is $44.03 and its 200-day moving average is $39.26. Ollie’s Bargain Outlet Holdings has a 1-year low of $24.12 and a 1-year high of $46.08.

In other news, VP Kenneth Robert Bertram sold 10,500 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $42.81, for a total value of $449,505.00. Following the completion of the sale, the vice president now directly owns 10,500 shares in the company, valued at approximately $449,505. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Omar Segura sold 43,323 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $45.15, for a total value of $1,956,033.45. Following the completion of the sale, the senior vice president now owns 26,000 shares of the company’s stock, valued at $1,173,900. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 500,481 shares of company stock worth $22,522,840. 22.25% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wasatch Advisors Inc. increased its holdings in shares of Ollie’s Bargain Outlet Holdings by 1.2% in the 2nd quarter. Wasatch Advisors Inc. now owns 3,136,746 shares of the company’s stock valued at $133,625,000 after acquiring an additional 37,517 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Ollie’s Bargain Outlet Holdings by 6.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 96,263 shares of the company’s stock valued at $4,101,000 after acquiring an additional 5,487 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of Ollie’s Bargain Outlet Holdings in the 2nd quarter valued at approximately $445,000. Ameritas Investment Partners Inc. increased its holdings in shares of Ollie’s Bargain Outlet Holdings by 165.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,180 shares of the company’s stock valued at $178,000 after acquiring an additional 2,604 shares during the last quarter. Finally, Castleark Management LLC bought a new stake in shares of Ollie’s Bargain Outlet Holdings in the 2nd quarter valued at approximately $6,776,000. Institutional investors and hedge funds own 92.90% of the company’s stock.

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About Ollie’s Bargain Outlet Holdings

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

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Earnings History and Estimates for Ollie`s Bargain Outlet Holdings (NASDAQ:OLLI)

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