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

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) have been given a consensus rating of “Moderate Buy” by the sixteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $137.2143.

Several research firms have weighed in on OLLI. Royal Bank Of Canada lowered their target price on Ollie’s Bargain Outlet from $153.00 to $152.00 and set an “outperform” rating on the stock in a research note on Wednesday. Morgan Stanley lowered their price target on Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. JPMorgan Chase & Co. lowered 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. Citigroup lowered their price target on Ollie’s Bargain Outlet from $141.00 to $111.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company lowered their price target on Ollie’s Bargain Outlet from $130.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th.

Ollie’s Bargain Outlet Price Performance

NASDAQ:OLLI opened at $81.63 on Friday. Ollie’s Bargain Outlet has a fifty-two week low of $73.32 and a fifty-two week high of $141.74. The stock’s 50-day moving average is $87.86 and its two-hundred day moving average is $104.51. The stock has a market cap of $4.95 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 1.43 and a beta of 0.48.

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

Insider Activity at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 3,330 shares of the business’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 value of $319,014.00. Following the completion of the sale, the chairman owned 48,200 shares of the company’s stock, valued at approximately $4,617,560. The trade was a 6.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 valued at $1,149,218. Insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Large investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its stake in shares of Ollie’s Bargain Outlet by 218.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock valued at $27,000 after buying an additional 175 shares in the last quarter. Allworth Financial LP lifted its holdings in Ollie’s Bargain Outlet by 301.8% in the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after purchasing an additional 166 shares during the last quarter. Maseco LLP bought a new stake in Ollie’s Bargain Outlet during the fourth quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. boosted its position in Ollie’s Bargain Outlet by 49.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock worth $31,000 after purchasing an additional 92 shares during the period. Finally, Shell Asset Management Co. bought a new stake in Ollie’s Bargain Outlet during the third quarter worth approximately $37,000.

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.