Wall Street brokerages expect that Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) will post earnings per share (EPS) of $0.21 for the current fiscal quarter, according to Zacks Investment Research. 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 per share of $0.17 during the same quarter last year, which would suggest a positive year-over-year growth rate of 23.5%. The company is expected to report its next quarterly earnings report on Wednesday, December 6th.

On average, analysts expect that Ollie’s Bargain Outlet Holdings will report full-year earnings of $1.19 per share for the current financial year, with EPS estimates ranging from $1.17 to $1.20. For the next year, analysts expect that the firm 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 analysts that cover Ollie’s Bargain Outlet Holdings.

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

A number of research firms have commented on OLLI. Zacks Investment Research raised shares of Ollie’s Bargain Outlet Holdings from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Wednesday, August 30th. BidaskClub raised shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 5th. Bank of America Corporation reaffirmed a “buy” rating and issued a $52.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research report on Tuesday, September 5th. Buckingham Research set a $41.00 target price on shares of Ollie’s Bargain Outlet Holdings and gave the stock a “hold” rating in a research report on Wednesday, August 30th. Finally, Royal Bank Of Canada lifted their target price on shares of Ollie’s Bargain Outlet Holdings from $47.00 to $49.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 30th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $46.88.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) traded up 1.89% during trading on Friday, reaching $45.90. The company had a trading volume of 507,521 shares. The firm’s 50 day moving average price is $45.05 and its 200 day moving average price is $33.79. The firm has a market capitalization of $2.81 billion, a PE ratio of 39.57 and a beta of 0.17. Ollie’s Bargain Outlet Holdings has a 12-month low of $24.12 and a 12-month high of $45.95.

In other news, CEO Mark L. Butler sold 285,623 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $45.19, for a total transaction of $12,907,303.37. Following the completion of the sale, the chief executive officer now owns 5,038,224 shares of the company’s stock, valued at approximately $227,677,342.56. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Mark L. Butler sold 6,248 shares of the business’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $45.00, for a total transaction of $281,160.00. Following the sale, the chief executive officer now directly owns 4,880,480 shares of the company’s stock, valued at approximately $219,621,600. The disclosure for this sale can be found here. In the last ninety days, insiders sold 469,981 shares of company stock valued at $21,212,335. 22.25% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the company. Great West Life Assurance Co. Can grew its position in shares of Ollie’s Bargain Outlet Holdings by 12.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 68,405 shares of the company’s stock valued at $2,292,000 after acquiring an additional 7,513 shares during the period. US Bancorp DE grew its position in shares of Ollie’s Bargain Outlet Holdings by 6.4% during the 1st quarter. US Bancorp DE now owns 69,732 shares of the company’s stock valued at $2,337,000 after acquiring an additional 4,167 shares during the period. Teachers Advisors LLC grew its position in shares of Ollie’s Bargain Outlet Holdings by 7.8% during the 1st quarter. Teachers Advisors LLC now owns 35,577 shares of the company’s stock valued at $1,192,000 after acquiring an additional 2,578 shares during the period. Principal Financial Group Inc. grew its position in shares of Ollie’s Bargain Outlet Holdings by 4.1% during the 1st quarter. Principal Financial Group Inc. now owns 383,494 shares of the company’s stock valued at $12,847,000 after acquiring an additional 14,972 shares during the period. Finally, BlackRock Inc. grew its position in shares of Ollie’s Bargain Outlet Holdings by 213,381.5% during the 1st quarter. BlackRock Inc. now owns 4,826,816 shares of the company’s stock valued at $161,699,000 after acquiring an additional 4,824,555 shares during the period. 92.47% of the stock is owned by hedge funds and other institutional investors.

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Ollie’s Bargain Outlet Holdings Company Profile

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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