Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Receives $142.57 Consensus Target Price from Brokerages

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has received a consensus rating of “Moderate Buy” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $142.5714.

Several brokerages have recently issued reports on OLLI. UBS Group cut their target price on shares of Ollie’s Bargain Outlet from $141.00 to $130.00 and set a “neutral” rating on the stock in a report on Wednesday, December 10th. Craig Hallum reissued a “buy” rating and issued a $157.00 price target on shares of Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Piper Sandler restated an “overweight” rating on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Wells Fargo & Company dropped their target price on shares of Ollie’s Bargain Outlet from $125.00 to $120.00 and set an “equal weight” rating for the company in a report on Friday, December 19th. Finally, Morgan Stanley cut their target price on Ollie’s Bargain Outlet from $145.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 10th.

Ollie’s Bargain Outlet Trading Up 1.0%

OLLI opened at $112.30 on Thursday. Ollie’s Bargain Outlet has a 12 month low of $94.88 and a 12 month high of $141.74. The business’s 50-day moving average price is $119.41 and its 200-day moving average price is $126.67. The company has a market cap of $6.89 billion, a P/E ratio of 31.02, a P/E/G ratio of 1.99 and a beta of 0.44.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its earnings results on Tuesday, December 9th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.04. The company had revenue of $613.62 million during the quarter, compared to analysts’ expectations of $613.63 million. Ollie’s Bargain Outlet had a return on equity of 12.86% and a net margin of 8.81%.Ollie’s Bargain Outlet’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.58 EPS. Ollie’s Bargain Outlet has set its FY 2025 guidance at 3.810-3.870 EPS. Equities research analysts forecast that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP James J. Comitale sold 1,775 shares of Ollie’s Bargain Outlet stock in a transaction on Monday, October 20th. The shares were sold at an average price of $125.75, for a total value of $223,206.25. Following the sale, the senior vice president owned 2,898 shares in the company, valued at $364,423.50. The trade was a 37.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Robert F. Helm sold 367 shares of the business’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $120.08, for a total transaction of $44,069.36. Following the transaction, the chief financial officer directly owned 3,641 shares in the company, valued at approximately $437,211.28. The trade was a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 19,715 shares of company stock worth $2,557,653. Corporate insiders own 0.75% of the company’s stock.

Institutional Investors Weigh In On Ollie’s Bargain Outlet

Institutional investors and hedge funds have recently modified their holdings of the stock. Assetmark Inc. increased its position in shares of Ollie’s Bargain Outlet by 44.8% during the second quarter. Assetmark Inc. now owns 265 shares of the company’s stock valued at $35,000 after buying an additional 82 shares during the period. Blue Barn Wealth LLC boosted its position in Ollie’s Bargain Outlet by 2.8% during the 2nd quarter. Blue Barn Wealth LLC now owns 3,114 shares of the company’s stock valued at $410,000 after acquiring an additional 86 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Ollie’s Bargain Outlet by 25.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the company’s stock worth $55,000 after acquiring an additional 86 shares during the period. MAI Capital Management raised 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. Finally, Campbell Newman Asset Management Inc. lifted its stake in shares of Ollie’s Bargain Outlet by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 20,850 shares of the company’s stock valued at $2,677,000 after purchasing an additional 90 shares during the period.

Trending Headlines about Ollie’s Bargain Outlet

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

• Positive Sentiment: Zacks Research raised its FY2027 earnings estimate to $4.47 (from $4.42) and lifted FY2026 to $3.86 (from $3.81), signaling stronger multi‑year profit expectations that support a higher valuation multiple for OLLI. MarketBeat/Analyst Note
• Positive Sentiment: Zacks increased several quarterly forecasts (Q2 2027 to $1.18 from $1.14; Q3 2027 to $0.87 from $0.85; Q2 2028 to $1.32; Q4 2026 to $1.37; Q4 2027 to $1.56), implying expectations for continued sales growth and margin stability across 2026–2028. This supports upside to consensus and may boost investor confidence in execution. MarketBeat/Analyst Note
• Neutral Sentiment: MSN published a Q3 winners/losers piece comparing Ollie’s to other discount retailers, providing peer‑performance context that could influence sentiment among sector investors but doesn’t contain company‑specific forward guidance. Winners And Losers Of Q3: Ollie’s Vs The Rest Of The Discount Retailer Stocks
• Negative Sentiment: Zacks trimmed near‑term forecasts for a couple of quarters (Q1 2027 to $0.86 from $0.88; Q1 2028 to $0.97 from $1.00), which could signal some seasonality or margin pressure early in those years and temper upside near term. MarketBeat/Analyst Note

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.