Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Stock Rated “Moderate Buy” by Wall Street Analysts

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has earned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the firm, 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 twelve-month target price among brokers that have issued a report on the stock in the last year is $102.43.

A number of brokerages have weighed in on OLLI. Royal Bank Of Canada increased their price target on shares of Ollie’s Bargain Outlet from $121.00 to $124.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Citigroup dropped their price objective on shares of Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating on the stock in a report on Friday, September 4th. Weiss Ratings lowered shares of Ollie’s Bargain Outlet from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 16th. Piper Sandler set a $98.00 target price on shares of Ollie’s Bargain Outlet in a research note on Thursday, September 3rd. Finally, KeyCorp reissued an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd.

Ollie’s Bargain Outlet Stock Up 0.2%

OLLI opened at $88.06 on Friday. The firm has a market capitalization of $5.23 billion, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 1.45 and a beta of 0.41. The stock’s 50 day moving average price is $77.01 and its two-hundred day moving average price is $80.23. Ollie’s Bargain Outlet has a 12-month low of $60.29 and a 12-month high of $133.28.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.30. Ollie’s Bargain Outlet had a return on equity of 14.54% and a net margin of 9.79%.The company had revenue of $741.31 million during the quarter, compared to analyst estimates of $747.71 million. During the same period in the previous year, the company earned $0.99 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.570-4.650 EPS. As a group, analysts anticipate that Ollie’s Bargain Outlet will post 4.61 earnings per share for the current year.

Institutional Trading of Ollie’s Bargain Outlet

A number of hedge funds have recently modified their holdings of OLLI. CENTRAL TRUST Co increased its position in shares of Ollie’s Bargain Outlet by 131.6% during the first quarter. CENTRAL TRUST Co now owns 477 shares of the company’s stock valued at $44,000 after purchasing an additional 271 shares during the period. Root Financial Partners LLC raised its stake in shares of Ollie’s Bargain Outlet by 190.5% in the first quarter. Root Financial Partners LLC now owns 488 shares of the company’s stock valued at $45,000 after purchasing an additional 320 shares in the last quarter. GAMMA Investing LLC lifted its position in Ollie’s Bargain Outlet by 13.2% in the second quarter. GAMMA Investing LLC now owns 1,632 shares of the company’s stock worth $125,000 after purchasing an additional 190 shares during the period. EverSource Wealth Advisors LLC lifted its position in Ollie’s Bargain Outlet by 21.5% in the first quarter. EverSource Wealth Advisors LLC now owns 1,798 shares of the company’s stock worth $165,000 after purchasing an additional 318 shares during the period. Finally, Nykredit A S acquired a new stake in Ollie’s Bargain Outlet during the second quarter worth $167,000.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc operates Ollie’s Bargain Outlet, a U.S. retailer specializing in closeout, excess, and salvage merchandise. Its stores offer a constantly changing selection of brand-name products at discounted prices, with inventory varying based on availability and opportunistic purchasing.

The company’s merchandise generally includes housewares, food, hardware, toys, seasonal goods, books, flooring, apparel, and other consumer products. Ollie’s uses a treasure-hunt-style shopping experience, with stores organized to emphasize value and frequently changing assortments.

Founded in 1982 in Mechanicsburg, Pennsylvania, Ollie’s has expanded into a national retail chain serving customers across numerous U.S.