OLLI stock icon

Ollie's Bargain Outlet

99.87 USD
+0.92
0.93%
At close Dec 2, 4:00 PM EST
Pre-market
98.53
-1.34
1.34%
1 day
0.93%
5 days
3.29%
1 month
4.58%
3 months
12.20%
6 months
19.43%
Year to date
32.93%
1 year
30.93%
5 years
69.27%
10 years
372.20%
 

About: Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and consistent store performance for the company.

Employees: 11,500

0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more call options, than puts

Call options by funds: $87.1M | Put options by funds: $78.4M

0% less funds holding

Funds holding: 411 [Q2] → 409 (-2) [Q3]

0.62% less ownership

Funds ownership: 104.57% [Q2] → 103.95% (-0.62%) [Q3]

1% less capital invested

Capital invested by funds: $6.28B [Q2] → $6.19B (-$93.6M) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 143

3% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 64

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$95
5%
downside
Avg. target
$107
7%
upside
High target
$115
15%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
Wells Fargo
Edward Kelly
56% 1-year accuracy
15 / 27 met price target
5%downside
$95
Equal-Weight
Downgraded
3 Dec 2024
Piper Sandler
Peter Keith
69% 1-year accuracy
25 / 36 met price target
7%upside
$107
Overweight
Maintained
4 Oct 2024
RBC Capital
Steven Shemesh
76% 1-year accuracy
32 / 42 met price target
6%upside
$106
Outperform
Maintained
2 Oct 2024
B of A Securities
Jason Haas
88% 1-year accuracy
7 / 8 met price target
15%upside
$115
Buy
Maintained
30 Sept 2024
Loop Capital
Anthony Chukumba
69% 1-year accuracy
9 / 13 met price target
10%upside
$110
Buy
Reiterated
20 Sept 2024

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
Ollie's Bargain Outlet Holdings: No Bargain Here As Earnings Near
Ollie's Bargain Outlet Holdings has seen a 73.8% stock price increase, driven by strong financial performance and store expansion, outpacing the S&P 500's 51.9% rise. Despite impressive growth in revenue, net income, and comparable store sales, I maintain a 'hold' rating due to valuation concerns and market conditions. The company's gross profit margin and interest income have significantly improved, benefiting from reduced supply chain costs and a net cash position.
Ollie's Bargain Outlet Holdings: No Bargain Here As Earnings Near
Neutral
GlobeNewsWire
1 week ago
Ollie's Bargain Outlet Holdings, Inc. Announces Third Quarter Fiscal 2024 Release Date and Conference Call Information
HARRISBURG, Pa., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) announced today that it will release its financial results for the third quarter of fiscal year 2024 on Tuesday, December 10, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results.
Ollie's Bargain Outlet Holdings, Inc. Announces Third Quarter Fiscal 2024 Release Date and Conference Call Information
Positive
Zacks Investment Research
1 month ago
OLLI Adds 8 Big Lots Stores to Portfolio: What it Means for Investors
Ollie's Bargain's acquisition of more former Big Lots stores represents a step forward in its growth initiative within the competitive retail landscape.
OLLI Adds 8 Big Lots Stores to Portfolio: What it Means for Investors
Neutral
GlobeNewsWire
1 month ago
Ollie's Bargain Outlet Acquires Additional Former Big Lots Stores
HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores. The acquisition of the eight additional store leases are subject to final bankruptcy court approval and customary closing conditions. Including these eight additional Big Lots locations, the Company has acquired a total of 15 former Big Lots store leases to date.
Ollie's Bargain Outlet Acquires Additional Former Big Lots Stores
Positive
Zacks Investment Research
1 month ago
4 Consumer Product Stocks Worth Watching in a Thriving Industry
The Zacks Consumer Products - Staples industry players have been capitalizing on consistent demand for essential goods, while growth strategies such as innovation and portfolio optimization drive further progress. Solid saving efforts have been aiding KMB, IFF, OLLI and NWL.
4 Consumer Product Stocks Worth Watching in a Thriving Industry
Positive
Zacks Investment Research
1 month ago
Ollie's Bargain Up 32% in 6 Months: How Should Investors Play Ahead?
Ollie's Bargain's commitment to offering value-driven merchandise assortments has made it a formidable player in the marketplace.
Ollie's Bargain Up 32% in 6 Months: How Should Investors Play Ahead?
Positive
Zacks Investment Research
1 month ago
Looking for a Growth Stock? 3 Reasons Why Ollie's Bargain Outlet (OLLI) is a Solid Choice
Ollie's Bargain Outlet (OLLI) could produce exceptional returns because of its solid growth attributes.
Looking for a Growth Stock? 3 Reasons Why Ollie's Bargain Outlet (OLLI) is a Solid Choice
Positive
Zacks Investment Research
1 month ago
Here's Why Ollie's Bargain Outlet (OLLI) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Here's Why Ollie's Bargain Outlet (OLLI) is a Strong Growth Stock
Positive
Zacks Investment Research
2 months ago
OLLI Expands With 7 Big Lots Stores: What More Should Investors Know?
Ollie's Bargain's acquisition of former Big Lots stores signifies a growth initiative within the competitive retail landscape.
OLLI Expands With 7 Big Lots Stores: What More Should Investors Know?
Neutral
GlobeNewsWire
2 months ago
Ollie's Bargain Outlet Acquires Former Big Lots Stores
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. (“Big Lots”) store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions.
Ollie's Bargain Outlet Acquires Former Big Lots Stores
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