Research Analysts’ Weekly Ratings Updates for Ollie’s Bargain Outlet (OLLI)

Several analysts have recently updated their ratings and price targets for Ollie’s Bargain Outlet (NASDAQ: OLLI):

• 2/4/2025 – Ollie’s Bargain Outlet was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/4/2025 – Ollie’s Bargain Outlet was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to a “hold” rating. They now have a $111.00 price target on the stock, down previously from $125.00.
• 1/23/2025 – Ollie’s Bargain Outlet was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/15/2025 – Ollie’s Bargain Outlet was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 12/28/2024 – Ollie’s Bargain Outlet was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/23/2024 – Ollie’s Bargain Outlet had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $130.00 price target on the stock.
• 12/23/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Loop Capital from $120.00 to $130.00. They now have a “buy” rating on the stock.
• 12/19/2024 – Ollie’s Bargain Outlet was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/18/2024 – Ollie’s Bargain Outlet was upgraded by analysts at Citigroup Inc. from a “sell” rating to a “buy” rating. They now have a $133.00 price target on the stock, up previously from $64.00.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at JPMorgan Chase & Co. from $105.00 to $135.00. They now have an “overweight” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Piper Sandler from $107.00 to $126.00. They now have an “overweight” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Royal Bank of Canada from $120.00 to $130.00. They now have an “outperform” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Wells Fargo & Company from $95.00 to $105.00. They now have an “equal weight” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Loop Capital from $110.00 to $120.00. They now have a “buy” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Bank of America Co. from $115.00 to $130.00. They now have a “buy” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Craig Hallum from $107.00 to $130.00. They now have a “buy” rating on the stock.
• 12/11/2024 – Ollie’s Bargain Outlet had its price target raised by analysts at Truist Financial Co. from $109.00 to $121.00. They now have a “buy” rating on the stock.

Ollie’s Bargain Outlet Stock Down 2.0 %

Shares of OLLI opened at $105.47 on Wednesday. Ollie’s Bargain Outlet Holdings, Inc. has a 12 month low of $68.05 and a 12 month high of $120.03. The company’s fifty day moving average is $108.63 and its 200-day moving average is $99.58. The firm has a market cap of $6.46 billion, a price-to-earnings ratio of 31.48, a price-to-earnings-growth ratio of 2.76 and a beta of 0.81.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings data on Tuesday, December 10th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. The company had revenue of $517.43 million during the quarter, compared to the consensus estimate of $518.83 million. During the same quarter last year, the company earned $0.51 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, research analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.

Insider Activity at Ollie’s Bargain Outlet

In related news, SVP James J. Comitale sold 5,325 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $113.95, for a total value of $606,783.75. Following the sale, the senior vice president now directly owns 3,140 shares in the company, valued at $357,803. This trade represents a 62.91 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John W. Swygert sold 4,032 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $102.51, for a total transaction of $413,320.32. Following the completion of the sale, the chief executive officer now owns 48,200 shares of the company’s stock, valued at approximately $4,940,982. This represents a 7.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 87,771 shares of company stock valued at $9,650,832 in the last ninety days. Insiders own 0.87% of the company’s stock.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

Institutional investors have recently modified their holdings of the business. Wilmington Savings Fund Society FSB boosted its holdings in Ollie’s Bargain Outlet by 337.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 236 shares of the company’s stock worth $26,000 after purchasing an additional 182 shares during the last quarter. Bogart Wealth LLC bought a new position in shares of Ollie’s Bargain Outlet during the fourth quarter worth approximately $26,000. Blue Trust Inc. raised its holdings in Ollie’s Bargain Outlet by 55.2% in the 4th quarter. Blue Trust Inc. now owns 284 shares of the company’s stock valued at $31,000 after acquiring an additional 101 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in Ollie’s Bargain Outlet in the 4th quarter valued at about $58,000. Finally, UMB Bank n.a. lifted its position in shares of Ollie’s Bargain Outlet by 25.3% during the 4th quarter. UMB Bank n.a. now owns 545 shares of the company’s stock worth $60,000 after buying an additional 110 shares during the last quarter.

Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products.