Ollie's Bargain Outlet (NASDAQ:OLLI) Releases FY 2025 Earnings Guidance

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.650-3.750 for the period, compared to the consensus earnings per share estimate of 3.780. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Ollie's Bargain Outlet also updated its FY26 guidance to $3.65-$3.75 EPS.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Bank of America boosted their price objective on shares of Ollie's Bargain Outlet from $115.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, December 11th. Piper Sandler dropped their target price on Ollie's Bargain Outlet from $126.00 to $124.00 and set an "overweight" rating for the company in a research report on Thursday. Royal Bank of Canada lifted their target price on Ollie's Bargain Outlet from $130.00 to $133.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Wells Fargo & Company lifted their target price on Ollie's Bargain Outlet from $95.00 to $105.00 and gave the company an "equal weight" rating in a research report on Wednesday, December 11th. Finally, Craig Hallum lifted their target price on Ollie's Bargain Outlet from $107.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $123.08.

Remove Ads

Ollie's Bargain Outlet Price Performance

Shares of Ollie's Bargain Outlet stock traded up $1.66 on Friday, reaching $106.88. 1,162,656 shares of the company were exchanged, compared to its average volume of 1,091,248. The stock's 50 day moving average price is $105.16 and its 200-day moving average price is $101.70. The company has a market cap of $6.55 billion, a P/E ratio of 31.90, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83. Ollie's Bargain Outlet has a 1-year low of $68.05 and a 1-year high of $120.03.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.01). The business had revenue of $667.10 million for the quarter, compared to analysts' expectations of $674.61 million. Ollie's Bargain Outlet had a return on equity of 13.15% and a net margin of 9.22%. Ollie's Bargain Outlet's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.23 EPS. On average, research analysts predict that Ollie's Bargain Outlet will post 3.29 earnings per share for the current fiscal year.

About Ollie's Bargain Outlet

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.