Analysts Set Expectations for Ollie’s Bargain Outlet Holdings, Inc.’s Q1 2024 Earnings (NASDAQ:OLLI)

Ollie's Bargain Outlet logo Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Rating) – KeyCorp issued their Q1 2024 earnings per share estimates for Ollie’s Bargain Outlet in a research report issued to clients and investors on Wednesday, March 22nd. KeyCorp analyst B.

Thomas anticipates that the company will post earnings of £0.47 per share for the quarter. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is £2.54 per share. KeyCorp also issued estimates for Ollie’s Bargain Outlet’s Q2 2024 earnings at £0.61 EPS, Q3 2024 earnings at £0.45 EPS, Q4 2024 earnings at £0.98 EPS, FY2024 earnings at £2.52 EPS and FY2025 earnings at £2.80 EPS.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Rating) last announced its earnings results on Wednesday, March 22nd. The company reported £0.84 earnings per share for the quarter, topping analysts’ consensus estimates of £0.80 by £0.04. The business had revenue of £549.80 million for the quarter, compared to analyst estimates of £542.18 million.

Ollie’s Bargain Outlet had a return on equity of 7.15% and a net margin of 5.31%. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned £0.69 EPS.

Several other equities research analysts have also recently weighed in on the company.

Gordon Haskett cut Ollie’s Bargain Outlet from a “buy” rating to an “accumulate” rating and set a £53.00 price objective for the company. in a report on Thursday, December 8th. Citigroup reduced their target price on Ollie’s Bargain Outlet from £55.00 to £52.00 and set a “neutral” rating for the company in a report on Thursday, December 8th. Loop Capital lifted their target price on Ollie’s Bargain Outlet from £42.00 to £58.00 and gave the stock an “equal weight” rating in a report on Thursday.

UBS Group cut their price objective on Ollie’s Bargain Outlet to £54.00 in a report on Monday, December 12th. Finally, StockNews.com raised Ollie’s Bargain Outlet from a “sell” rating to a “hold” rating in a report on Friday. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock.

According to data from MarketBeat, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and an average target price of £62.13.

Ollie’s Bargain Outlet Trading Up 0.2 %

Shares of Ollie’s Bargain Outlet stock opened at £58.10 on Friday. The business’s 50-day moving average price is £55.57 and its 200-day moving average price is £54.60. Ollie’s Bargain Outlet has a 12 month low of £40.11 and a 12 month high of £72.27.

The firm has a market capitalization of £3.62 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 1.85 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Royal London Asset Management Ltd. purchased a new stake in shares of Ollie’s Bargain Outlet during the first quarter worth approximately £41,301,000. Norges Bank acquired a new stake in shares of Ollie’s Bargain Outlet during the fourth quarter worth £28,482,000.

Segall Bryant & Hamill LLC acquired a new stake in shares of Ollie’s Bargain Outlet during the third quarter worth £29,454,000. Point72 Asset Management L.P. acquired a new stake in shares of Ollie’s Bargain Outlet during the fourth quarter worth £24,742,000. Finally, Price T Rowe Associates Inc.

MD lifted its holdings in Ollie’s Bargain Outlet by 14.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 4,006,215 shares of the company’s stock valued at £235,365,000 after acquiring an additional 518,390 shares during the period.

About Ollie’s Bargain Outlet

(Get Rating)

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.

Featured Articles

Earnings History and Estimates for Ollie's Bargain Outlet (NASDAQ:OLLI)

Receive News & Ratings for Ollie’s Bargain Outlet Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ollie’s Bargain Outlet and related companies with MarketBeat.com’s FREE daily email newsletter.

Tags:

bet365 listed on couponmatrix.ukhuawei listed on couponmatrix.ukjojo-maman-bebe listed on couponmatrix.ukkingsmills-hotel listed on couponmatrix.uknew-era listed on couponmatrix.ukyoung-british-designers listed on couponmatrix.uk
bet365 listed on couponmatrix.ukThink you’ve got a bit of a lucky streak? Now’s your time to put it to the test with bet365, one of the leading online gambling sites in the world. Join the other 22 million users around the globe on bet365 to get your gaming fix, using this bet365 bonus code to up your bet credits across hundreds of games. From horse racing to the Six Nations, you’ll find hundreds of stakes worth betting on to make your millions.
huawei listed on couponmatrix.ukThe new kid on the block, Huawei already stands side-by-side with the tech giants as one of the go-to providers of premium communication technology. Producing some of the smartest and fastest performing phones, tablets, laptops and watches on the market, with the latest Huawei discount code you’ll be hard pressed to find a better price on a finer product. If you like the sound of 5G connectivity, unparalleled processing speed and immaculately rendered visuals, look to the future with Huawei.
jojo-maman-bebe listed on couponmatrix.ukFrom pregnancy to pre-school, Jojo Maman Bebe has all your clothing and accessories under wraps. With wonderful colours, playful designs and comfortable fits for both mother and baby, you can uncover a new world of maternity, baby and toddler clothing for less with a Jojo Maman Bebe discount code. In addition to fashions for you and your little one, you can also pick up nursery furniture, toys and accessories such to ensure all your new-parent needs are covered.
kingsmills-hotel listed on couponmatrix.ukKingsmills Hotel is a luxury 4-star hotel in Inverness, Scotland. It's ideally located for exploring the Highlands, and has a range of on-site facilities including a spa, restaurant, and bar. Guests can also enjoy complimentary Wi-Fi throughout their stay, what more could you want? Now you can also look to save on your stay at Kingsmills Hotel by checking out our Kingsmills Hotel discount codes on our site. You'll be sure to get the best possible price on your booking! Here at Groupon, we pride ourselves on finding the best possible discounts for our users. We know that searching for codes is time-consuming and that’s why we do the job for you! We know that staying in luxury hotels can be expensive, that’s why we've got the best Kingsmills Hotel discount codes for you to use on your next booking. With these codes, you'll be sure to get the best price on your stay! Looking for a great deal on your stay at Kingsmills Hotel? If you book in advance, you’re guaranteed to get a better offer on your booking! You can explore the best of Scotland with a luxury stay without breaking the bank! And now with our discount code you can get the best possible price on your booking. So what are you waiting for? Book your next adventure with Kingsmills Hotel deals now!
new-era listed on couponmatrix.ukNew Era have been crafting headwear since 1920, and since 1950 this craft developed into the iconic baseball cap which we know and love today. New Era is the place to go for every type of cap you want in the best styles around. The 59FIFTY style has had a long journey, but it is now a symbol of street style across the globe, and with your New Era discount code you can get one for less. Today it’s not just caps, you can pick up all sorts of apparel and accessories too, so have a browse and see what catches your eye.
young-british-designers listed on couponmatrix.ukIf you're looking for a stylish and modern take on fashion, then you'll love Young British Designers. This popular brand offers a range of clothing and accessories that are perfect for any trendsetter. With a wide range of styles, accessories and shoes, you’re guaranteed to find something for everyone! And, with a Young British Designers discount, you can get even more savings on your purchase. So why not shop today and discover great styles at Young British Designers? Here at Groupon, we work hard to find the best Young British Designers discount codes and deals so you can save on your purchase. We know that fashion can be expensive, so we want to help you stretch your budget a little bit further. With our Young British Designers discount codes, you can get great savings on a wide range of clothing, shoes and accessories. Take advantage of our deals today and start shopping for your new wardrobe! One of our top-performing Young British Designers products is the dresses. With a wide range of styles, colours and patterns, you can find the perfect dress for any occasion! So if you're looking for some stylish and unique clothing, then this is the perfect brand for you. With our Young British Designers discount code, you can save some money off of your purchases, so make sure to check our page before buying!