Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $115.9333.

A number of brokerages have recently issued reports on OLLI. Loop Capital reissued a “buy” rating and issued a $135.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Royal Bank Of Canada lowered their target price on Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Gordon Haskett reissued an “accumulate” rating and issued a $90.00 price target (down from $100.00) on shares of Ollie’s Bargain Outlet in a research note on Thursday, June 4th. Truist Financial cut their price target on Ollie’s Bargain Outlet from $112.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Citigroup reduced their price objective on shares of Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th.

Ollie’s Bargain Outlet Price Performance

Shares of NASDAQ OLLI opened at $64.90 on Monday. The company has a market capitalization of $3.92 billion, a PE ratio of 16.02, a P/E/G ratio of 1.15 and a beta of 0.47. Ollie’s Bargain Outlet has a twelve month low of $60.29 and a twelve month high of $141.74. The firm has a fifty day simple moving average of $77.34 and a 200 day simple moving average of $95.12.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Ollie’s Bargain Outlet had a net margin of 9.13% and a return on equity of 13.43%. The business had revenue of $658.93 million for the quarter, compared to analysts’ expectations of $661.65 million. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. As a group, equities analysts expect that Ollie’s Bargain Outlet will post 4.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC grew its holdings in Ollie’s Bargain Outlet by 218.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the period. Allworth Financial LP increased its stake in Ollie’s Bargain Outlet by 301.8% in the third quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after purchasing an additional 166 shares in the last quarter. Maseco LLP acquired a new position in shares of Ollie’s Bargain Outlet during the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Ollie’s Bargain Outlet by 49.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after purchasing an additional 92 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its position in shares of Ollie’s Bargain Outlet by 131.6% during the 1st quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock worth $44,000 after purchasing an additional 271 shares in the last quarter.

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.