Zacks Research Brokers Lower Earnings Estimates for OLLI

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for Ollie’s Bargain Outlet in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Research analyst S. Singh now forecasts that the company will earn $0.70 per share for the quarter, down from their prior estimate of $0.76. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is $3.29 per share. Zacks Research also issued estimates for Ollie’s Bargain Outlet’s Q1 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.73 EPS, FY2026 earnings at $3.73 EPS, FY2026 earnings at $3.73 EPS, Q1 2027 earnings at $0.81 EPS, Q1 2027 earnings at $0.81 EPS, Q2 2027 earnings at $1.02 EPS, Q2 2027 earnings at $1.02 EPS, Q3 2027 earnings at $0.85 EPS, Q3 2027 earnings at $0.85 EPS, Q4 2027 earnings at $1.62 EPS, Q4 2027 earnings at $1.62 EPS, FY2027 earnings at $4.30 EPS and FY2027 earnings at $4.30 EPS.

A number of other equities research analysts also recently issued reports on OLLI. Piper Sandler decreased their price objective on Ollie’s Bargain Outlet from $126.00 to $124.00 and set an “overweight” rating on the stock in a research report on Thursday, March 20th. Morgan Stanley increased their price target on Ollie’s Bargain Outlet from $108.00 to $118.00 and gave the company an “equal weight” rating in a report on Thursday, March 20th. Truist Financial lifted their price objective on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Royal Bank of Canada increased their target price on shares of Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Finally, UBS Group lifted their price target on shares of Ollie’s Bargain Outlet from $117.00 to $123.00 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $123.08.

Ollie’s Bargain Outlet Trading Down 3.6 %

Shares of NASDAQ OLLI opened at $113.29 on Friday. Ollie’s Bargain Outlet has a 12-month low of $70.17 and a 12-month high of $120.03. The firm’s 50-day moving average price is $106.42 and its 200-day moving average price is $102.90. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 33.82, a P/E/G ratio of 2.21 and a beta of 0.83.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its earnings results on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.01). Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The firm had revenue of $667.10 million for the quarter, compared to the consensus estimate of $674.61 million. During the same quarter in the prior year, the company posted $1.23 earnings per share. The firm’s revenue was up 2.8% compared to the same quarter last year.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

A number of large investors have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Ollie’s Bargain Outlet by 489.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 230 shares of the company’s stock valued at $25,000 after acquiring an additional 191 shares during the period. Wilmington Savings Fund Society FSB boosted its position 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 valued at $26,000 after purchasing an additional 182 shares in the last quarter. Bogart Wealth LLC purchased a new position in Ollie’s Bargain Outlet in the fourth quarter valued at about $26,000. Blue Trust Inc. raised its holdings in Ollie’s Bargain Outlet by 55.2% in the fourth quarter. Blue Trust Inc. now owns 284 shares of the company’s stock worth $31,000 after purchasing an additional 101 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of Ollie’s Bargain Outlet during the fourth quarter valued at about $33,000.

Insider Activity at Ollie’s Bargain Outlet

In related news, CEO Der Valk Eric Van sold 1,153 shares of Ollie’s Bargain Outlet stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $110.85, for a total value of $127,810.05. Following the completion of the sale, the chief executive officer now directly owns 6,768 shares in the company, valued at $750,232.80. The trade was a 14.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert Fisch sold 6,250 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $108.08, for a total transaction of $675,500.00. Following the transaction, the director now owns 22,159 shares in the company, valued at approximately $2,394,944.72. The trade was a 22.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,254 shares of company stock worth $3,812,800. Company insiders own 0.87% of the company’s stock.

Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.