Ollie's Bargain OutletOLLI
OLLI
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
4 positive
80%
1 neutral
20%
0 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Charts implemented using Lightweight Charts™