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

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received a consensus recommendation of “Moderate Buy” from the seventeen research firms that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $102.43.

OLLI has been the subject of several research reports. KeyCorp reissued an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd. Wells Fargo & Company set a $98.00 price objective on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd. JPMorgan Chase & Co. upped their target price on shares of Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Truist Financial upped their target price on shares of Ollie’s Bargain Outlet from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Finally, Piper Sandler set a $98.00 target price on Ollie’s Bargain Outlet in a report on Thursday, September 3rd.

Ollie’s Bargain Outlet Price Performance

NASDAQ:OLLI opened at $85.65 on Friday. Ollie’s Bargain Outlet has a fifty-two week low of $60.29 and a fifty-two week high of $133.28. The stock has a market capitalization of $5.09 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 1.43 and a beta of 0.50. The business’s 50-day simple moving average is $76.12 and its 200-day simple moving average is $80.32.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of OLLI. GAMMA Investing LLC raised its position in Ollie’s Bargain Outlet by 13.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,632 shares of the company’s stock valued at $125,000 after buying an additional 190 shares during the last quarter. Pullen Investment Management LLC grew its stake in shares of Ollie’s Bargain Outlet by 1.8% during the 1st quarter. Pullen Investment Management LLC now owns 14,434 shares of the company’s stock worth $1,329,000 after acquiring an additional 251 shares in the last quarter. CENTRAL TRUST Co grew its stake 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 acquiring an additional 271 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Ollie’s Bargain Outlet by 7.5% in the first quarter. PNC Financial Services Group Inc. now owns 4,209 shares of the company’s stock valued at $387,000 after purchasing an additional 295 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of Ollie’s Bargain Outlet by 2.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 12,525 shares of the company’s stock valued at $1,153,000 after purchasing an additional 300 shares during the last quarter.

About Ollie’s Bargain Outlet

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.