Ollie’s Bargain Outlet (NASDAQ:OLLI) Stock Rating Upgraded by Jefferies Financial Group

Ollie’s Bargain Outlet (NASDAQ:OLLI) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, Marketbeat.com reports. The firm currently has a $130.00 price objective on the stock, up from their prior price objective of $120.00. Jefferies Financial Group’s price objective indicates a potential upside of 36.53% from the stock’s previous close.

OLLI has been the topic of several other research reports. Royal Bank Of Canada lifted their price objective on Ollie’s Bargain Outlet from $147.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. KeyCorp reaffirmed an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. The Goldman Sachs Group reissued a “buy” rating and issued a $162.00 price target on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Finally, Craig Hallum restated a “buy” rating and issued a $157.00 price objective on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Fourteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Ollie’s Bargain Outlet has a consensus rating of “Moderate Buy” and a consensus target price of $141.14.

Ollie’s Bargain Outlet Stock Performance

NASDAQ OLLI opened at $95.22 on Thursday. The firm has a 50-day simple moving average of $105.03 and a 200 day simple moving average of $115.52. Ollie’s Bargain Outlet has a twelve month low of $88.44 and a twelve month high of $141.74. The stock has a market cap of $5.80 billion, a PE ratio of 24.42, a PEG ratio of 1.67 and a beta of 0.59.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.01. The firm had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The company’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 earnings per share. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Research analysts forecast that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current fiscal year.

Insider Activity

In related news, Chairman John W. Swygert sold 5,231 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $92.09, for a total transaction of $481,722.79. Following the completion of the transaction, the chairman owned 48,200 shares in the company, valued at $4,438,738. This trade represents a 9.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 10,255 shares of company stock valued at $956,384. Corporate insiders own 0.75% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of OLLI. Cornerstone Planning Group LLC raised its stake in shares of Ollie’s Bargain Outlet by 218.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock valued at $27,000 after acquiring an additional 175 shares during the last quarter. Allworth Financial LP grew its position 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 acquiring an additional 166 shares during the last quarter. Maseco LLP acquired a new stake in Ollie’s Bargain Outlet during the 4th quarter valued at $30,000. Private Trust Co. NA increased its holdings in Ollie’s Bargain Outlet by 71.3% during the 3rd quarter. Private Trust Co. NA now owns 245 shares of the company’s stock valued at $31,000 after purchasing an additional 102 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after purchasing an additional 92 shares during the last quarter.

Key Ollie’s Bargain Outlet News

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

• Positive Sentiment: Jefferies upgraded OLLI from Hold to Buy and raised its target to $130, highlighting long‑term unit growth, strong market position and stable margins — a direct catalyst that has drawn buyer interest. Read More.
• Positive Sentiment: Wells Fargo added Ollie’s to a tactical list with a $130 target, framing recent weakness as an entry opportunity — another institutional endorsement that supports the rally. Read More.
• Positive Sentiment: Multiple outlets (Zacks, Yahoo/UK, MSN, Seeking Alpha) ran bullish takes emphasizing OLLI’s membership/traffic momentum, margin stability and relative valuation versus peers — reinforcing the narrative that shares are undervalued. Read More.
• Neutral Sentiment: Local expansion news: a new Ollie’s store opened in Derby (connects to unit-growth story). Helpful for long‑run sales and footprint but not an immediate market mover by itself. Read More.
• Negative Sentiment: Chairman John W. Swygert sold 5,231 shares (≈$482K) under a Rule 10b5‑1 plan; while pre‑planned, the disclosed reduction (~9.8% of his holding) can create short‑term caution among some investors. SEC filing and coverage are public. 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.