Analysts Set Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Price Target at $125.13

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $125.1333.

A number of equities research analysts have recently weighed in on the stock. UBS Group reduced their price target on shares of Ollie’s Bargain Outlet from $125.00 to $87.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Bank of America reaffirmed a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Weiss Ratings lowered Ollie’s Bargain Outlet from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Wells Fargo & Company dropped their price target on Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group lowered their price target on Ollie’s Bargain Outlet from $151.00 to $129.00 and set a “buy” rating on the stock in a report on Thursday, June 4th.

Insider Buying and Selling at Ollie’s Bargain Outlet

In other Ollie’s Bargain Outlet news, Chairman John W. Swygert sold 3,330 shares of Ollie’s Bargain Outlet stock in a transaction dated Tuesday, April 7th. The shares were 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 in the company, valued at $4,617,560. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,459 shares of company stock worth $1,149,218 in the last ninety days. 0.75% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its holdings in Ollie’s Bargain Outlet by 28.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,815 shares of the company’s stock worth $328,000 after acquiring an additional 615 shares during the period. Jones Financial Companies Lllp boosted its holdings in Ollie’s Bargain Outlet by 993.4% in the first quarter. Jones Financial Companies Lllp now owns 2,154 shares of the company’s stock worth $251,000 after acquiring an additional 1,957 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Ollie’s Bargain Outlet by 42.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 446,277 shares of the company’s stock valued at $51,929,000 after purchasing an additional 133,537 shares during the period. Empowered Funds LLC purchased a new position in Ollie’s Bargain Outlet during the 1st quarter valued at about $359,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Ollie’s Bargain Outlet by 12.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,412 shares of the company’s stock valued at $21,342,000 after purchasing an additional 19,837 shares in the last quarter.

Ollie’s Bargain Outlet Stock Up 1.8%

OLLI stock opened at $74.09 on Thursday. The business has a 50 day moving average price of $82.34 and a two-hundred day moving average price of $98.72. Ollie’s Bargain Outlet has a twelve month low of $72.50 and a twelve month high of $141.74. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.27 and a beta of 0.46.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.91 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $658.93 million for the quarter, compared to the consensus estimate of $661.65 million. During the same period in the previous year, the company earned $0.75 earnings per share. The company’s quarterly revenue was up 14.2% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts anticipate that Ollie’s Bargain Outlet will post 4.52 EPS for the current fiscal year.

Ollie’s Bargain Outlet Company Profile

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.