Zacks Research Has Negative Forecast for OLLI Q4 Earnings

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Analysts at Zacks Research decreased their Q4 2026 earnings estimates for Ollie’s Bargain Outlet in a report issued on Tuesday, June 17th. Zacks Research analyst S. Singh now forecasts that the company will post earnings per share of $1.35 for the quarter, down from their prior estimate of $1.40. 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 2028 earnings at $0.95 EPS and FY2028 earnings at $4.72 EPS.

OLLI has been the subject of several other research reports. KeyCorp reiterated an “overweight” rating and issued a $135.00 target price on shares of Ollie’s Bargain Outlet in a research note on Wednesday, June 4th. Wall Street Zen upgraded shares of Ollie’s Bargain Outlet from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. Piper Sandler reiterated an “overweight” rating and issued a $123.00 target price (down previously from $124.00) on shares of Ollie’s Bargain Outlet in a research note on Wednesday, June 4th. Truist Financial lifted their target price on shares of Ollie’s Bargain Outlet from $126.00 to $128.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $133.00 target price on shares of Ollie’s Bargain Outlet in a research note on Wednesday, June 4th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $124.50.

Ollie’s Bargain Outlet Stock Up 3.6%

OLLI opened at $120.32 on Thursday. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of 37.02, a PEG ratio of 2.71 and a beta of 0.37. The firm has a 50-day moving average price of $112.66 and a 200-day moving average price of $109.35. Ollie’s Bargain Outlet has a twelve month low of $86.05 and a twelve month high of $122.15.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.05. Ollie’s Bargain Outlet had a net margin of 8.59% and a return on equity of 12.27%. The business had revenue of $576.77 million during the quarter, compared to the consensus estimate of $565.04 million. During the same quarter last year, the company posted $0.73 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Hedge funds have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted 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 worth $25,000 after acquiring an additional 191 shares during the last quarter. HM Payson & Co. bought a new stake in shares of Ollie’s Bargain Outlet in the 1st quarter worth approximately $30,000. Blue Trust Inc. lifted its holdings 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 during the last quarter. City Holding Co. bought a new stake in shares of Ollie’s Bargain Outlet in the 1st quarter worth approximately $31,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter worth approximately $33,000.

Insider Buying and Selling at Ollie’s Bargain Outlet

In other Ollie’s Bargain Outlet news, Director Robert Fisch sold 6,250 shares of Ollie’s Bargain Outlet stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $108.08, for a total transaction of $675,500.00. Following the completion of the sale, the director now directly owns 22,159 shares in the company, valued at $2,394,944.72. The trade was a 22.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Robert F. Helm sold 2,145 shares of Ollie’s Bargain Outlet stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $108.50, for a total transaction of $232,732.50. Following the sale, the chief financial officer now owns 3,888 shares of the company’s stock, valued at approximately $421,848. The trade was a 35.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,625 shares of company stock worth $4,310,125 over the last three months. 0.75% of the stock is owned by insiders.

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.