Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) have been assigned an average recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $137.2857.

A number of equities research analysts recently issued reports on OLLI shares. JPMorgan Chase & Co. decreased their price target on Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating for the company in a research note on Monday, April 13th. Royal Bank Of Canada decreased their price target on Ollie’s Bargain Outlet from $155.00 to $153.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Weiss Ratings lowered Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 22nd. Jefferies Financial Group raised Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and raised their price target for the stock from $120.00 to $130.00 in a research note on Thursday, April 2nd. Finally, Piper Sandler reissued an “overweight” rating and set a $128.00 price target (down from $140.00) on shares of Ollie’s Bargain Outlet in a research note on Friday, March 13th.

Ollie’s Bargain Outlet Stock Performance

Shares of Ollie’s Bargain Outlet stock opened at $81.84 on Friday. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 1.44 and a beta of 0.48. The stock has a 50 day moving average price of $90.27 and a 200-day moving average price of $106.00. Ollie’s Bargain Outlet has a one year low of $73.32 and a one year high of $141.74.

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

Insider Activity

In related news, Chairman John W. Swygert sold 3,330 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total transaction of $319,014.00. Following the completion of the sale, the chairman directly owned 48,200 shares of the company’s stock, valued at approximately $4,617,560. This trade represents a 6.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 12,459 shares of company stock worth $1,149,218. 0.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

A number of institutional investors and hedge funds have recently modified their holdings of OLLI. Goldman Sachs Group Inc. lifted its stake in shares of Ollie’s Bargain Outlet by 315.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,707,117 shares of the company’s stock worth $187,117,000 after acquiring an additional 1,296,672 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Ollie’s Bargain Outlet during the 3rd quarter worth approximately $136,152,000. Norges Bank bought a new stake in shares of Ollie’s Bargain Outlet during the 4th quarter worth approximately $85,845,000. Invesco Ltd. lifted its stake in shares of Ollie’s Bargain Outlet by 17.2% during the 3rd quarter. Invesco Ltd. now owns 2,992,848 shares of the company’s stock worth $384,282,000 after acquiring an additional 440,243 shares during the last quarter. Finally, Freestone Grove Partners LP bought a new stake in Ollie’s Bargain Outlet during the 4th quarter valued at $44,168,000.

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.