Q4 EPS Estimate for Ollie’s Bargain Outlet Raised by Analyst

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Analysts at Zacks Research upped their Q4 2026 earnings estimates for shares of Ollie’s Bargain Outlet in a research report issued to clients and investors on Wednesday, September 10th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.36 for the quarter, up from their prior estimate of $1.35. 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 FY2027 earnings at $4.42 EPS, Q2 2028 earnings at $1.30 EPS and FY2028 earnings at $5.00 EPS.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.08. Ollie’s Bargain Outlet had a net margin of 8.74% and a return on equity of 12.66%. The firm had revenue of $679.56 million for the quarter, compared to analysts’ expectations of $658.03 million. During the same quarter last year, the business posted $0.78 earnings per share. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2025 guidance at 3.760-3.840 EPS.

Other equities analysts also recently issued reports about the stock. Royal Bank Of Canada boosted their target price on shares of Ollie’s Bargain Outlet from $144.00 to $149.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Morgan Stanley upped their target price on Ollie’s Bargain Outlet from $118.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday, August 29th. Wells Fargo & Company increased their price target on Ollie’s Bargain Outlet from $105.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Piper Sandler raised their target price on Ollie’s Bargain Outlet from $123.00 to $150.00 and gave the company an “overweight” rating in a report on Tuesday, August 19th. Finally, Jefferies Financial Group raised their target price on Ollie’s Bargain Outlet from $111.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, August 29th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $143.46.

Ollie’s Bargain Outlet Trading Down 0.0%

NASDAQ:OLLI opened at $131.53 on Friday. Ollie’s Bargain Outlet has a twelve month low of $86.88 and a twelve month high of $141.74. The company has a market cap of $8.06 billion, a price-to-earnings ratio of 38.12, a price-to-earnings-growth ratio of 2.69 and a beta of 0.45. The stock has a fifty day simple moving average of $132.43 and a 200-day simple moving average of $119.49.

Insiders Place Their Bets

In other news, SVP James J. Comitale sold 2,117 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $130.00, for a total value of $275,210.00. Following the transaction, the senior vice president directly owned 2,504 shares in the company, valued at $325,520. This trade represents a 45.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Several hedge funds have recently modified their holdings of OLLI. Assetmark Inc. grew its stake in Ollie’s Bargain Outlet by 44.8% during the 2nd quarter. Assetmark Inc. now owns 265 shares of the company’s stock valued at $35,000 after purchasing an additional 82 shares in the last quarter. Blue Barn Wealth LLC grew its position in shares of Ollie’s Bargain Outlet by 2.8% in the 2nd quarter. Blue Barn Wealth LLC now owns 3,114 shares of the company’s stock worth $410,000 after acquiring an additional 86 shares in the last quarter. MAI Capital Management grew its position in shares of Ollie’s Bargain Outlet by 28.5% in the 2nd quarter. MAI Capital Management now owns 397 shares of the company’s stock worth $52,000 after acquiring an additional 88 shares in the last quarter. Wedmont Private Capital grew its position in shares of Ollie’s Bargain Outlet by 4.5% in the 1st quarter. Wedmont Private Capital now owns 2,084 shares of the company’s stock worth $238,000 after acquiring an additional 89 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its position in shares of Ollie’s Bargain Outlet by 1.3% in the 1st quarter. Belpointe Asset Management LLC now owns 7,001 shares of the company’s stock worth $815,000 after acquiring an additional 91 shares in the last quarter.

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.