Piper Sandler Reiterates Overweight Rating for Ollie’s Bargain Outlet (NASDAQ:OLLI)

Ollie’s Bargain Outlet (NASDAQ:OLLI)‘s stock had its “overweight” rating reissued by stock analysts at Piper Sandler in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $128.00 price target on the stock, down from their previous price target of $140.00. Piper Sandler’s price target suggests a potential upside of 17.16% from the company’s current price.

A number of other brokerages have also weighed in on OLLI. KeyCorp reiterated an “overweight” rating on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Morgan Stanley cut their target price on 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 lifted their target price on Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the company an “outperform” rating in a report on Friday. UBS Group lowered their price target on Ollie’s Bargain Outlet from $141.00 to $130.00 and set a “neutral” rating for the company in a research report on Wednesday, December 10th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $141.86.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI stock opened at $109.25 on Friday. The firm’s 50-day simple moving average is $111.06 and its 200-day simple moving average is $119.07. Ollie’s Bargain Outlet has a 1-year low of $98.19 and a 1-year high of $141.74. The firm has a market cap of $6.70 billion, a P/E ratio of 28.01, a PEG ratio of 1.68 and a beta of 0.53.

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

Insider Buying and Selling at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 1,126 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $112.06, for a total value of $126,179.56. Following the completion of the sale, the chairman owned 48,200 shares of the company’s stock, valued at $5,401,292. This represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.75% of the stock is owned by insiders.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

Several hedge funds and other institutional investors have recently bought and sold shares of OLLI. Hsbc Holdings PLC boosted its holdings in Ollie’s Bargain Outlet by 662.7% in the 4th quarter. Hsbc Holdings PLC now owns 26,153 shares of the company’s stock worth $2,894,000 after acquiring an additional 22,724 shares during the period. Sankala Group LLC acquired a new stake in Ollie’s Bargain Outlet in the fourth quarter valued at approximately $293,000. Corient Private Wealth LLC raised its stake in shares of Ollie’s Bargain Outlet by 127.3% during the fourth quarter. Corient Private Wealth LLC now owns 12,326 shares of the company’s stock valued at $1,351,000 after purchasing an additional 6,903 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Ollie’s Bargain Outlet by 37.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,076 shares of the company’s stock valued at $337,000 after purchasing an additional 845 shares during the period. Finally, Vident Advisory LLC lifted its position in shares of Ollie’s Bargain Outlet by 93.5% during the fourth quarter. Vident Advisory LLC now owns 4,547 shares of the company’s stock worth $498,000 after purchasing an additional 2,197 shares in the last quarter.

More Ollie’s Bargain Outlet News

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.

Ollie’s Bargain Outlet Company Profile

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.