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:

abebooks listed on couponmatrix.ukfenty-beauty listed on couponmatrix.ukinsurance4carhire listed on couponmatrix.ukkeeper-security listed on couponmatrix.ukproform listed on couponmatrix.ukugg listed on couponmatrix.uk
abebooks listed on couponmatrix.ukAbeBooks was one of the first - and has become one of the leading - online retailers of books. Founded by a small team in 1995 in British Columbia, and working with a network of four independent bookshops, the company has grown to become a worldwide concern. All you need to enjoy great reads at great prices is in an AbeBooks voucher code from Groupon.
fenty-beauty listed on couponmatrix.ukFenty Beauty is probably the coolest beauty brand around. It’s cruelty-free, was created by Rihanna herself and has been commended for its diverse foundation shades and celebration of all kinds of beauty. Whether you want a fresh, no-makeup makeup look or bold eyeshadow game, Fenty Beauty has it covered with plenty of viral and TikTok trending products to explore. Add a Fenty voucher to your purchase or check out the Fenty sales to find your favourites for less – we’re tracking the best Fenty offers here at Groupon!
insurance4carhire listed on couponmatrix.ukIf you're looking for a discount on your car hire insurance, then you've come to the right place! insurance4carhire offers a range of great value policies, and with our newest insurance4carhire discount code you can secure savings on the exact kind of cover you want. So whether you're hiring a car for a short break or a longer holiday, be sure to use insurance4carhire and protect you and your motor for less. At Groupon, we work hard to find the best deals and seasonal promotions so you can save money on your motor insurance. We know that hiring a car can be expensive, so we want to help you get the best possible price. Our up-to-date offers at insurance4carhire can save you even more on the brand’s already great value policies. So be sure to use it when you book your car hire insurance and enjoy the savings! One of the most popular insurance4carhire insurance policies is the comprehensive car hire insurance scheme. This policy provides cover for damage to your hire car, as well as liability cover in the event that you cause damage to someone else's property. And with an exclusive insurance4carhire promo code, you can save even more on this already great value policy! So be it for work or a trip away, be sure to use Insurance4carhire and protect your temporary motor from any unwanted scenarios.
keeper-security listed on couponmatrix.ukIn an ever more digital world, keeping your most important data secure is more important than ever. Introducing Keeper Security, the password and confidentiality protection provider that combines state-of-the-art cyber security with an easily accessible interface. Whatever protection you require online, remember to use a Keeper Security discount code to save on the level of cyber defence you require. Even if you’re looking for cyber protection across multiple computers and accounts, Keeper Security can handle it without a hitch.
proform listed on couponmatrix.ukBegin your fitness journey in the trusted hands of ProForm gym equipment, experts in producing quality workout machines for over thirty years. From tried and trusted treadmills to exercise bikes, cross trainers and steppers, there’s plenty of machinery of which you can put the price down with a ProForm discount code. An ideal workout buddy that can be used in the comfort of your own home, ProForm is great at encouraging even the shyest introvert to push for physical perfection.
ugg listed on couponmatrix.ukFounded in 1978, UGG Australia started as a bag of sheepskin boots slung over Brian Smith’s shoulder when he landed in Southern California with the dream of sharing his passion with the world. It turned out that the relaxed So Cal beach scene was the perfect fit for his brand and by the mid ’80s; the UGG brand was ingrained in the counter culture. UGG Australia is a brand of cosy sheepskin boots dedicated to women, men and children. The beginning of their fame is dated to the beginning of the early 2000s when it became a must-wear item among celebs. Use an UGG discount code to share in this relaxed approach to life for less. Take advantage of these amazing money-off offers, discounts and promotions at Groupon.