Zacks Research Issues Pessimistic Forecast for OLLI Earnings

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Free Report) - Investment analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Ollie's Bargain Outlet in a research report issued on Wednesday, April 2nd. Zacks Research analyst S. Singh now forecasts that the company will post earnings of $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 research analysts have also weighed in on OLLI. Truist Financial raised their target price on shares of Ollie's Bargain Outlet from $109.00 to $121.00 and gave the company a "buy" rating in a report on Wednesday, December 11th. Bank of America boosted their target price 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. Citigroup upgraded shares of Ollie's Bargain Outlet from a "sell" rating to a "buy" rating and upped their target price for the company from $64.00 to $133.00 in a research report on Wednesday, December 18th. Piper Sandler dropped their price target 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, March 20th. Finally, JPMorgan Chase & Co. upped their price objective on Ollie's Bargain Outlet from $105.00 to $135.00 and gave the company an "overweight" 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 given a buy rating to the stock. According to data from MarketBeat.com, Ollie's Bargain Outlet has an average rating of "Moderate Buy" and a consensus target price of $123.08.

Remove Ads

Ollie's Bargain Outlet Stock Performance

Shares of OLLI traded down $4.58 during midday trading on Friday, hitting $103.49. 1,611,732 shares of the company traded hands, compared to its average volume of 1,117,706. The firm has a 50 day moving average of $106.32 and a 200-day moving average of $103.03. Ollie's Bargain Outlet has a 52 week low of $70.17 and a 52 week high of $120.03. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.21 and a beta of 0.75.

Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.01). The company had revenue of $667.10 million during 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 quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm posted $1.23 EPS.

Hedge Funds Weigh In On Ollie's Bargain Outlet

Institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Ollie's Bargain Outlet by 489.7% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 230 shares of the company's stock worth $25,000 after acquiring an additional 191 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in Ollie's Bargain Outlet by 337.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 236 shares of the company's stock valued at $26,000 after acquiring an additional 182 shares in the last quarter. Bogart Wealth LLC purchased a new position in shares of Ollie's Bargain Outlet in the 4th quarter valued at $26,000. Blue Trust Inc. raised its position in shares of Ollie's Bargain Outlet by 55.2% in the 4th quarter. Blue Trust Inc. now owns 284 shares of the company's stock worth $31,000 after acquiring 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 4th quarter worth $33,000.

Insider Transactions at Ollie's Bargain Outlet

In other news, SVP James J. Comitale sold 5,485 shares of the firm's stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $113.53, for a total transaction of $622,712.05. Following the transaction, the senior vice president now directly owns 4,621 shares of the company's stock, valued at approximately $524,622.13. This trade represents a 54.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Der Valk Eric Van sold 525 shares of the business's stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $112.94, for a total value of $59,293.50. Following the completion of the sale, the chief executive officer now owns 6,793 shares of the company's stock, valued at $767,201.42. The trade was a 7.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,254 shares of company stock worth $3,812,800. Insiders own 0.87% of the company's stock.

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.