Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Sees Significant Decrease in Short Interest

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 3,903,050 shares, a decline of 18.4% from the February 12th total of 4,780,422 shares. Approximately 6.4% of the shares of the company are sold short. Based on an average daily trading volume, of 826,447 shares, the days-to-cover ratio is presently 4.7 days. Based on an average daily trading volume, of 826,447 shares, the days-to-cover ratio is presently 4.7 days. Approximately 6.4% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

OLLI has been the topic of a number of recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. UBS Group reissued a “neutral” rating on shares of Ollie’s Bargain Outlet in a report on Friday. Morgan Stanley decreased their target price on shares of Ollie’s Bargain Outlet from $130.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Friday. Royal Bank Of Canada raised their target price on shares of Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Craig Hallum reiterated a “buy” rating and issued a $157.00 price target on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and a consensus price target of $141.86.

Ollie’s Bargain Outlet Price Performance

Shares of Ollie’s Bargain Outlet stock opened at $109.25 on Friday. The company’s 50 day moving average price is $111.06 and its two-hundred day moving average price is $119.07. The firm has a market capitalization of $6.70 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.68 and a beta of 0.53. Ollie’s Bargain Outlet has a fifty-two week low of $98.19 and a fifty-two week high of $141.74.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.38% and a net margin of 9.08%.The firm had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. During the same period last year, the firm posted $1.19 earnings per share. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. On average, analysts expect that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current year.

Insider Transactions at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 1,126 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $112.06, for a total transaction of $126,179.56. Following the completion of the sale, the chairman owned 48,200 shares in the company, valued at approximately $5,401,292. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.75% of the stock is owned by corporate insiders.

Institutional Trading of Ollie’s Bargain Outlet

Institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC raised its position in Ollie’s Bargain Outlet by 218.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the last quarter. Allworth Financial LP lifted its holdings in Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock worth $28,000 after buying an additional 166 shares during the period. Maseco LLP bought a new stake in shares of Ollie’s Bargain Outlet in the 4th quarter valued at about $30,000. Private Trust Co. NA increased its stake in shares of Ollie’s Bargain Outlet by 71.3% in the third quarter. Private Trust Co. NA now owns 245 shares of the company’s stock valued at $31,000 after buying an additional 102 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Ollie’s Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after buying an additional 92 shares during the period.

Ollie’s Bargain Outlet News Summary

Here are the key news stories impacting Ollie’s Bargain Outlet this week:

• Positive Sentiment: Q4 results beat on EPS and showed healthy momentum: EPS of $1.39 (beat by $0.01), comps +3.6% and revenue +16.8% y/y; company set FY2026 EPS guidance of $4.40–4.50 and revenue roughly $2.99–$3.01B — guidance is above prior street figures and supports multi-year growth from store openings and loyalty gains. Read More.
• Positive Sentiment: Aggressive store expansion remains a clear growth driver — Ollie’s opened ~86 stores last year and is rolling out dozens more across multiple states, which underpins revenue and comp growth opportunities. Read More.
• Positive Sentiment: Several brokers upgraded or raised targets after the print — RBC raised its target to $155 and Wells Fargo upgraded to overweight (PT $130), signaling renewed analyst confidence that expansion and conversions (e.g., Big Lots closures) can drive outsized upside. Read More.
• Neutral Sentiment: Earnings call transcript confirms results were broadly in line with expectations (management reiterated growth plan and discussed margin dynamics), offering more color but no surprise guidance changes beyond the issued FY range. Read More.
• Neutral Sentiment: Market commentary highlights strong fundamentals but flags valuation and the prospect that guidance may be conservative — several pieces call the business high quality but note the share pullback and mixed near-term comparisons. Read More.
• Negative Sentiment: Not all analysts were uniformly more bullish — Morgan Stanley cut its price target to $120 and set an equal‑weight rating, reflecting caution on near-term upside despite the long‑term story. Read More.
• Negative Sentiment: Revenue slightly missed consensus ($779.3M vs. ~$783.7M) and the EPS beat was marginal, which leaves room for investor sensitivity if future quarters show similar tight misses versus elevated expectations. Read More.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.