Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Stock Has Consensus Price Target of $103.50 According to Analysts

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) have been given an average rating of “Moderate Buy” by the seventeen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $103.50.

Several equities research analysts have weighed in on OLLI shares. JPMorgan Chase & Co. lifted their price target on shares of Ollie’s Bargain Outlet from $70.00 to $73.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Gordon Haskett raised shares of Ollie’s Bargain Outlet from an “accumulate” rating to a “buy” rating and set a $105.00 price objective on the stock in a research report on Tuesday, October 13th. KeyCorp reissued an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Thursday, September 3rd. UBS Group reduced their target price on Ollie’s Bargain Outlet from $87.00 to $85.00 and set a “neutral” rating for the company in a research note on Thursday, August 27th. Finally, Citigroup decreased their target price on Ollie’s Bargain Outlet from $100.00 to $98.00 and set a “buy” rating for the company in a research report on Friday, September 4th.

Ollie’s Bargain Outlet Price Performance

NASDAQ OLLI opened at $87.72 on Wednesday. The stock has a market capitalization of $5.21 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.53 and a beta of 0.41. Ollie’s Bargain Outlet has a one year low of $60.29 and a one year high of $130.40. The business has a 50 day simple moving average of $81.29 and a 200 day simple moving average of $79.62.

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

Institutional Investors Weigh In On Ollie’s Bargain Outlet

A number of hedge funds have recently added to or reduced their stakes in the company. Jupiter Topco LLC bought a new position in Ollie’s Bargain Outlet in the 2nd quarter valued at about $2,066,000. VELA Investment Management LLC acquired a new position in Ollie’s Bargain Outlet during the 2nd quarter valued at about $1,856,000. WINTON GROUP Ltd increased its holdings in Ollie’s Bargain Outlet by 46.5% during the 2nd quarter. WINTON GROUP Ltd now owns 67,584 shares of the company’s stock worth $5,196,000 after purchasing an additional 21,437 shares in the last quarter. Baird Financial Group Inc. bought a new stake in Ollie’s Bargain Outlet during the 2nd quarter worth approximately $13,344,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Ollie’s Bargain Outlet during the 2nd quarter worth approximately $1,381,000.

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 assortment of brand-name and private-label products at discounted prices, with inventory varying according to available purchasing opportunities.

The company’s product categories generally include housewares, food, health and beauty products, toys, books, electronics, clothing, hardware, seasonal merchandise, and home furnishings.