Zacks Research Issues Negative Estimate for OLLI Earnings

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) – Investment analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of Ollie’s Bargain Outlet in a research report issued on Wednesday, April 2nd. Zacks Research analyst S. Singh now anticipates that the company will earn $0.70 per share for the quarter, down from their previous forecast of $0.76. 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 Q1 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.73 EPS, FY2026 earnings at $3.73 EPS, FY2026 earnings at $3.73 EPS, Q1 2027 earnings at $0.81 EPS, Q1 2027 earnings at $0.81 EPS, Q2 2027 earnings at $1.02 EPS, Q2 2027 earnings at $1.02 EPS, Q3 2027 earnings at $0.85 EPS, Q3 2027 earnings at $0.85 EPS, Q4 2027 earnings at $1.62 EPS, Q4 2027 earnings at $1.62 EPS, FY2027 earnings at $4.30 EPS and FY2027 earnings at $4.30 EPS.

A number of other analysts have also recently commented on the company. Royal Bank of Canada lifted their price target on Ollie’s Bargain Outlet from $130.00 to $133.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. upped their target price on Ollie’s Bargain Outlet from $105.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, December 11th. StockNews.com lowered shares of Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a research report on Tuesday, February 4th. Craig Hallum lifted their price objective on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Loop Capital increased their price objective on shares of Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.08.

Ollie’s Bargain Outlet Trading Down 3.6 %

NASDAQ:OLLI opened at $113.29 on Friday. The company has a market capitalization of $6.94 billion, a P/E ratio of 33.82, a PEG ratio of 2.21 and a beta of 0.83. Ollie’s Bargain Outlet has a 12 month low of $70.17 and a 12 month high of $120.03. The firm has a fifty day simple moving average of $106.42 and a 200-day simple moving average of $102.90.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last posted its quarterly earnings data on Wednesday, March 19th. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.01). The company had revenue of $667.10 million for the quarter, compared to analyst estimates of $674.61 million. Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 EPS.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OLLI. Corient Private Wealth LLC raised its position in shares of Ollie’s Bargain Outlet by 86.2% during the 4th quarter. Corient Private Wealth LLC now owns 8,438 shares of the company’s stock worth $926,000 after purchasing an additional 3,906 shares during the last quarter. Oak Thistle LLC purchased a new stake in Ollie’s Bargain Outlet during the 4th quarter worth approximately $1,345,000. JPMorgan Chase & Co. raised its holdings in shares of Ollie’s Bargain Outlet by 79.6% during the third quarter. JPMorgan Chase & Co. now owns 189,301 shares of the company’s stock valued at $18,400,000 after acquiring an additional 83,882 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Ollie’s Bargain Outlet by 36.5% in the fourth quarter. Van ECK Associates Corp now owns 46,659 shares of the company’s stock valued at $5,120,000 after acquiring an additional 12,476 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new stake in shares of Ollie’s Bargain Outlet in the fourth quarter worth approximately $2,049,000.

Insider Activity at Ollie’s Bargain Outlet

In other news, Chairman John W. Swygert sold 6,526 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $107.87, for a total transaction of $703,959.62. Following the completion of the transaction, the chairman now directly owns 53,432 shares of the company’s stock, valued at $5,763,709.84. This represents a 10.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert Fisch sold 6,250 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $108.08, for a total transaction of $675,500.00. Following the completion of the sale, the director now directly owns 22,159 shares of the company’s stock, valued at approximately $2,394,944.72. The trade was a 22.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 34,254 shares of company stock worth $3,812,800. 0.87% of the stock is owned by company insiders.

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.