Ollie’s Bargain Outlet Holdings, Inc. to Post Q4 2024 Earnings of $0.99 Per Share, Jefferies Financial Group Forecasts (NASDAQ:OLLI)

Ollie's Bargain Outlet logo Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI – Get Rating) – Analysts at Jefferies Financial Group upped their Q4 2024 earnings estimates for Ollie’s Bargain Outlet in a report 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 estimate 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 earnings results on Wednesday, March 22nd. The company reported £0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of £0.80 by £0.04. Ollie’s Bargain Outlet had a return on equity of 7.15% and a net margin of 5.31%.

The firm had revenue of £549.80 million for the quarter, compared to analyst estimates of £542.18 million. During the same period in the previous year, the company posted £0.69 earnings per share. The business’s revenue was up 9.7% on a year-over-year basis.

OLLI has been the topic of a number of other reports. StockNews.com raised shares of Ollie’s Bargain Outlet from a “sell” rating to a “hold” rating in a report on Friday.

Craig Hallum lowered their price target on Ollie’s Bargain Outlet from £70.00 to £65.00 in a report on Thursday, December 8th. Piper Sandler upped their price objective on shares of Ollie’s Bargain Outlet from £60.00 to £72.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 28th. Gordon Haskett cut shares of Ollie’s Bargain Outlet from a “buy” rating to an “accumulate” rating and set a £53.00 price target for the company. in a research note on Thursday, December 8th.

Finally, Morgan Stanley raised their price target on Ollie’s Bargain Outlet from £50.00 to £54.00 and gave the company an “equal weight” rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Ollie’s Bargain Outlet has an average rating of “Moderate Buy” and a consensus target price of £62.13.

Ollie’s Bargain Outlet Trading Up 0.2 %

Shares of OLLI stock opened at £58.10 on Friday.

The stock has a market capitalization of £3.62 billion, a P/E ratio of 38.73, a PEG ratio of 1.85 and a beta of 0.96. Ollie’s Bargain Outlet has a 12 month low of £40.11 and a 12 month high of £72.27. The firm’s 50 day moving average is £55.57 and its 200 day moving average is £54.60.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business.

Royal London Asset Management Ltd. purchased a new stake in Ollie’s Bargain Outlet in the 1st quarter worth approximately £41,301,000. Norges Bank purchased a new stake in Ollie’s Bargain Outlet in the fourth quarter worth £28,482,000. Segall Bryant & Hamill LLC bought a new stake in Ollie’s Bargain Outlet in the third quarter valued at £29,454,000.

Point72 Asset Management L.P. purchased a new position in Ollie’s Bargain Outlet during the 4th quarter valued at £24,742,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in Ollie’s Bargain Outlet by 14.9% in the 2nd quarter.

Price T Rowe Associates Inc. MD now owns 4,006,215 shares of the company’s stock worth £235,365,000 after purchasing an additional 518,390 shares in the last quarter.

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.

See Also

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:

edreams-uk listed on couponmatrix.ukgopro listed on couponmatrix.ukmobilephonesdirect listed on couponmatrix.ukpaint-your-life listed on couponmatrix.uksaltrock listed on couponmatrix.ukwallis listed on couponmatrix.uk
edreams-uk listed on couponmatrix.ukFrom luxury hotel rooms to the flights and shuttle transfers that get you there, eDreams gives you all you need to enjoy an exotic time abroad at a competitive price. Giving you options to travel to over 20 countries across Europe, America and the Middle East, you’ll want the latest eDreams promo code to bag a bargain on whichever corner of the earth takes your fancy. Whether you’re looking for a budget-friendly retreat or an extravagant escapade, you can trust your travel plans with eDreams.
gopro listed on couponmatrix.ukThere’s not a second of time nor inch of ground missed with GoPro, the camera that records every moment of action – whether you’re skiing, kayaking, cycling or exploring. Bring along a GoPro promo code from Groupon and you can bag one of these nifty, resilient performance cameras for a fraction of the price. With a wealth of apps, accessories and add-ons to enhance recording and editing, make the smart choice to catalogue your journeys with GoPro.
mobilephonesdirect listed on couponmatrix.ukMobile Phones Direct makes sure customers are well connected thanks to an array of smartphones and tablets. Stocking top brands including Apple, Samsung, Huawei and Nokia, it’s easy to keep in touch, wherever you are. Make the most of a Mobile Phones Direct voucher code and stay connected for less. If you’re due a phone upgrade, or are only just stepping into the world of smartphones, be sure to check out Mobile Phones Direct to snap up a great deal.
paint-your-life listed on couponmatrix.ukTurn the high points of your life into canvased masterpieces with Paint Your Life, the team that make it their mission to turn best photos into paintings. From there you simply let the artists do their work whilst also keeping the cost of commission low with a Paint Your Life coupon. With free delivery and limitless revisions assured, the process only ends when you’re 100% satisfied with your latest creation from Paint Your Life.
saltrock listed on couponmatrix.ukEmbrace the freedom of the surfer lifestyle with Saltrock, the comfy clothing brand designed by surf-lovers for over 30 years. With a catalogue of designs that bring t-shirts, hoodies and other clothing essentials to life with beautiful vibrancy, you’ll find it hard to resist adding such styles to your collection for less with a Saltrock discount code from Groupon. So whether you love an adventurous lifestyle, surfing or you just adore their motifs, you’ll find a reason to side with Saltrock.
wallis listed on couponmatrix.ukStunning party dresses, pretty women's tops, chic jackets, and office essentials – all this could all be part of your new wardrobe if you shop the fantastic Wallis clothing collection. This UK-based high street clothing company has a ravishing collection of high-quality clothing and accessories in stylish designs, suitable for all occasions, and all available online. From eye-catching Wallis tops to go-with-anything coats, you can use our Wallis discount code to save on the whole collection.