Brokers Issue Forecasts for Ollie’s Bargain Outlet Holdings, Inc.’s Q4 2024 Earnings (NASDAQ:OLLI)

Ollie's Bargain Outlet logo Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Rating) – Analysts at Jefferies Financial Group lifted their Q4 2024 earnings estimates for shares of Ollie’s Bargain Outlet in a research note issued on Wednesday, March 22nd. Jefferies Financial Group analyst R.

Konik now forecasts that the company will post earnings per share of £0.99 for the quarter, up from their prior forecast of £0.83. The consensus estimate for Ollie’s Bargain Outlet’s current full-year earnings is £2.54 per share. Jefferies Financial Group also issued estimates for Ollie’s Bargain Outlet’s Q2 2025 earnings at £0.77 EPS, Q3 2025 earnings at £0.52 EPS and Q4 2025 earnings at £1.14 EPS.

Ollie’s Bargain Outlet (NASDAQ:OLLI – Get Rating) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of £542.18 million.

Ollie’s Bargain Outlet had a net margin of 5.31% and a return on equity of 7.15%. The company’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the company posted £0.69 EPS.

Several other brokerages have also weighed in on OLLI.

Loop Capital increased their price objective on shares of Ollie’s Bargain Outlet from £42.00 to £58.00 and gave the stock an “equal weight” rating in a report on Thursday. Morgan Stanley increased their price target on shares of Ollie’s Bargain Outlet from £50.00 to £54.00 and gave the stock an “equal weight” rating in a research note on Thursday. Wells Fargo & Company boosted their price objective on shares of Ollie’s Bargain Outlet from £60.00 to £67.00 and gave the company an “overweight” rating in a research note on Monday, February 6th.

Craig Hallum cut their target price on Ollie’s Bargain Outlet from £70.00 to £65.00 in a research report on Thursday, December 8th. Finally, The Goldman Sachs Group upped their price target on Ollie’s Bargain Outlet from £56.00 to £61.00 in a research note on Wednesday. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock.

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

Ollie’s Bargain Outlet Stock Performance

Shares of OLLI opened at £58.10 on Friday. Ollie’s Bargain Outlet has a fifty-two week low of £40.11 and a fifty-two week high of £72.27. The company 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.

The stock has a fifty day moving average of £55.57 and a two-hundred day moving average of £54.60.

Hedge Funds Weigh In On Ollie’s Bargain Outlet

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its stake in shares of Ollie’s Bargain Outlet by 1.4% in the second quarter. Franklin Resources Inc. now owns 11,525 shares of the company’s stock worth £677,000 after acquiring an additional 155 shares in the last quarter.

Voya Investment Management LLC raised its position in shares of Ollie’s Bargain Outlet by 1.2% in the 4th quarter. Voya Investment Management LLC now owns 16,627 shares of the company’s stock valued at £779,000 after purchasing an additional 196 shares in the last quarter. State of Michigan Retirement System raised its position in shares of Ollie’s Bargain Outlet by 1.4% in the 4th quarter.

State of Michigan Retirement System now owns 14,803 shares of the company’s stock valued at £693,000 after purchasing an additional 200 shares in the last quarter. Shaker Investments LLC OH boosted its stake in shares of Ollie’s Bargain Outlet by 1.1% during the 4th quarter. Shaker Investments LLC OH now owns 18,322 shares of the company’s stock valued at £858,000 after buying an additional 200 shares during the last quarter.

Finally, CWM LLC grew its position in shares of Ollie’s Bargain Outlet by 30.3% during the fourth quarter. CWM LLC now owns 882 shares of the company’s stock worth £41,000 after buying an additional 205 shares in the last quarter.

Ollie’s Bargain Outlet Company Profile

(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 Stories

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:

hiscolumn listed on couponmatrix.ukmake-my-blinds listed on couponmatrix.ukmyvegan listed on couponmatrix.ukpreloved listed on couponmatrix.uktoner-giant listed on couponmatrix.ukwheel-gate-adventure-park listed on couponmatrix.uk
hiscolumn listed on couponmatrix.ukFun and affordable threads are the name of the game at HisColumn, the menswear brand specialising in keeping you looking cool and feeling comfy without breaking the bank. Take full advantage of a HisColumn discount code from Groupon and enjoy cutting costs on seasonal outfits guaranteed to keep you snug and smiling. Whether you want fitted t-shirts to show off your muscles or a pair of ripped jeans for your Friday nights out, HisColumn has got the getup you need.
make-my-blinds listed on couponmatrix.ukBlinds can make or break a room, so get yours made to measure from Make My Blinds. These experts will craft the exact style and colour you want to suit kitchens, bedrooms, bathrooms and conservatories. Order some samples with free next-day delivery so you can make your decision quickly, and don’t forget to subscribe to the newsletter to unlock a £20 off Make My Blinds discount code. Whether you’re looking for roller blinds, wooden blinds, vertical blinds or even blinds to suit your VELUX Skylight window, we’ll help you save on the perfect solution from Make My Blinds.
myvegan listed on couponmatrix.ukFor the forward-thinkers of tomorrow, Myvegan supplies top-quality supplements, proteins and snacks through sustainable, eco-conscious practices. From delectable gooey cookies to packed proteins perfect before a workout, save on your favourite vegan-friendly of product of choice using a Myvegan discount code from Groupon. Getting a nutritious diet doesn’t have to be a hassle, instead enjoy delightful alternatives with Myvegan.
preloved listed on couponmatrix.ukEverything deserves a second home, and that's the foundation Preloved was built on - bringing hundreds of thousands of adverts across 500 categories. With everything from pets, furniture and jewellery, to motoring, sport and accommodation, Preloved make it possible to re-own, buy, sell and find items for amazing prices. Add a Preloved voucher code to save and enjoy many benefits on the site. Whatever you're looking for, chances are Preloved has it!
toner-giant listed on couponmatrix.ukIf you're on the hunt for some top quality printing goods, look no further than Toner Giant for everything from paper to printers. Don't forget to use a Toner Giant voucher to discount that order and soon you'll be making unbelievable savings, so you can restock that office without blowing your budget. And the best part is, if you place your order before 5:30pm you can get next working day delivery!
wheel-gate-adventure-park listed on couponmatrix.ukWelcome to Wheelgate Park, an action packed theme park set in Nottingham for the whole family! Set in 30 acres of land including 20,000 feet of indoor adventures, the park has an enticing array of all-weather features from making a splash with water rides to a daring alien zone and even unicorn rides. With Wheelgate Park discount codes you can enjoy a fantastic day out for less. Whatever the weather, Wheelgate Park will give you an unforgettable experience.