Ollie’s Bargain Outlet (NASDAQ:OLLI) Announces Earnings Results

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued its earnings results on Wednesday. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.01), Zacks reports. Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The business had revenue of $667.10 million for the quarter, compared to the consensus estimate of $674.61 million. During the same period in the previous year, the firm earned $1.23 EPS. The company’s revenue was up 2.8% compared to the same quarter last year. Ollie’s Bargain Outlet updated its FY 2025 guidance to 3.650-3.750 EPS and its FY26 guidance to $3.65-$3.75 EPS.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ:OLLI opened at $99.06 on Wednesday. Ollie’s Bargain Outlet has a 52-week low of $68.05 and a 52-week high of $120.03. The firm has a market capitalization of $6.07 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. The firm has a fifty day moving average of $105.06 and a 200 day moving average of $101.33.

Analysts Set New Price Targets

A number of brokerages have issued reports on OLLI. Citigroup raised shares of Ollie’s Bargain Outlet from a “sell” rating to a “buy” rating and boosted their target price for the company from $64.00 to $133.00 in a report on Wednesday, December 18th. Royal Bank of Canada boosted 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 report on Friday, March 7th. JPMorgan Chase & Co. boosted their target price on shares of Ollie’s Bargain Outlet from $105.00 to $135.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Bank of America upped their price target on shares of Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Truist Financial upped their price target on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.29.

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.