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:

highland-fayre listed on couponmatrix.ukplumbworld listed on couponmatrix.uksandals-holidays listed on couponmatrix.ukshell-energy listed on couponmatrix.uktyre-shopper listed on couponmatrix.ukvision-express listed on couponmatrix.uk
highland-fayre listed on couponmatrix.ukHighland Fayre’s luxury food hampers are the stuff dreams are made of. Based in Scotland, this brand specialises in the best Scotland has to offer, including chocolate, fresh food, wine and cheese, as well as a range of gourmet food products from around the world. Try out a hamper for yourself or send one as a thoughtful gift, and be sure to apply a Highland Fayre discount code for money off your purchase. Check Groupon for Highland Fayre’s best offers, including site-wide discount codes, sales and more. Groupon should be at the front of your mind when making a purchase from Highland Fayre. Whether you’re looking for a delicious Christmas hamper or an indulgent vegan gift box, we can help you save with Highland Fayre voucher codes for free shipping or percentage discounts, and we’ll keep you informed about any new sales. We’re always refreshing our page, so keep checking back to access the best Highland Fayre deals. This brand shines when it comes to the Highland Fayre Scottish hampers. Sample Scotland’s best biscuits, wines and more indulgent treats – it works perfectly as a delicious gift for birthdays, anniversaries and Christmas. You can even enjoy a great saving if you shop with a Highland Fayre promotional code from Groupon: just enter the code at the checkout when you place an order.
plumbworld listed on couponmatrix.ukEnjoy rock-bottom prices for high-grade bathroom suites and fixtures with Plumbworld, Britain’s most competitively priced online bathroom retailer. From showers and baths through to sinks and bidets, find plenty of items to bring down to budget with a Plumbworld discount code. Their quality assembly extends far beyond the bathroom too, with a wealth of kitchen sinks, waste disposals, plumbing items and heating solutions also on the shelf to help keep the cogs of your home turning.
sandals-holidays listed on couponmatrix.ukSandals pioneered the concept of upmarket, all-inclusive beach resorts in the Caribbean with their first venture in Montego Bay, Jamaica. This wildly-successful hotel remains their flagship site, providing the template for a total of over twenty resorts covered by five different brands, all of which are accessible for far less than you might think with our Sandals promo code. Stunning beaches, lush, island paradises, gourmet food and in-house watersports mean you're guaranteed a fabulous trip every time - so stop dreaming, choose your location and get ready for effortless, exotic fun in the sun.
shell-energy listed on couponmatrix.ukLook to tomorrow’s world with Shell Energy, the supplier who sources only 100% renewable electricity for millions nationwide. With a dedication to forward-thinking through eco-friendly energy sources, smart technology and top-coverage broadband, switching and saving is a no-brainer with the latest Shell Energy discount from Groupon. With loyalty discounts to reward their customers and boiler cover to help insure against any rainy days, it’s easy to see why so many stay with Shell.
tyre-shopper listed on couponmatrix.ukGet reliable and affordable tyres when you buy through Tyre Shopper. They have a huge selection, featuring 20 leading brands and promise to give you the best price around. Use your Tyre Shopper discount code on budget, mid and premium tyres to suit whatever vehicle you use. They cover all car, van and caravan types as well specialist winter and summer tyres so you’re prepared for anything. Get out and drive with confidence with Tyre Shopper.
vision-express listed on couponmatrix.ukVision Express is your go-to for glasses, lenses and all things eyecare. Whether you’re looking for your first pair of glasses or want to try out a new brand of contacts, make the most of an awesome Vision Express offer to save on the essentials! As well as stylish frames and high quality contacts, Vision Express offers eye tests and online appointments for all of your eye care needs, too. With fast delivery and an easy to use online system, it's your one stop shop for eye health!