Key Points
- John Swygert sold 1,126 shares on Feb. 9 at an average of $112.06 for $126,179.56, trimming his stake by 2.28% to 48,200 shares (≈$5.4M).
- Q4 results beat estimates with $0.75 EPS (vs. $0.71) and $613.62M revenue (up 18.6% YoY), and management set FY2025 guidance of 3.810–3.870 EPS.
- Analyst outlook is broadly favorable — consensus rating "Moderate Buy" (12 Buys, 4 Holds) with an average price target of $142.14; company market cap ≈ $6.98B and P/E ≈ 31.4.
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) Chairman John Swygert sold 1,126 shares of the firm's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $112.06, for a total value of $126,179.56. Following the completion of the sale, the chairman owned 48,200 shares of the company's stock, valued at approximately $5,401,292. This represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Ollie's Bargain Outlet Trading Up 0.7%
Ollie's Bargain Outlet stock opened at $113.75 on Thursday. Ollie's Bargain Outlet Holdings, Inc. has a 12-month low of $94.88 and a 12-month high of $141.74. The firm has a 50-day moving average price of $112.77 and a 200-day moving average price of $123.28. The firm has a market capitalization of $6.98 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 1.73 and a beta of 0.51.
Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last posted its quarterly earnings data on Tuesday, December 9th. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.04. Ollie's Bargain Outlet had a net margin of 8.81% and a return on equity of 12.86%. The company had revenue of $613.62 million for the quarter, compared to analyst estimates of $613.63 million. During the same period in the prior year, the company posted $0.58 EPS. The firm's revenue for the quarter was up 18.6% on a year-over-year basis. Ollie's Bargain Outlet has set its FY 2025 guidance at 3.810-3.870 EPS. As a group, sell-side analysts predict that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have commented on OLLI shares. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and upped their price objective for the company from $130.00 to $135.00 in a research report on Monday, December 22nd. Truist Financial set a $142.00 price target on shares of Ollie's Bargain Outlet in a research note on Friday, January 16th. Craig Hallum restated a "buy" rating and issued a $157.00 target price on shares of Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Morgan Stanley decreased their price target on shares of Ollie's Bargain Outlet from $145.00 to $130.00 and set an "equal weight" rating for the company in a research note on Wednesday, December 10th. Finally, Royal Bank Of Canada set a $140.00 price objective on Ollie's Bargain Outlet in a research note on Wednesday, December 10th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $142.14.
Read Our Latest Research Report on OLLI
Institutional Trading of Ollie's Bargain Outlet
A number of institutional investors have recently made changes to their positions in OLLI. SG Capital Management LLC purchased a new stake in Ollie's Bargain Outlet in the second quarter valued at $13,682,000. New York Life Investment Management LLC acquired a new position in shares of Ollie's Bargain Outlet in the 2nd quarter valued at about $846,000. Pembroke Management LTD boosted its stake in shares of Ollie's Bargain Outlet by 9.7% in the third quarter. Pembroke Management LTD now owns 101,061 shares of the company's stock worth $12,976,000 after buying an additional 8,942 shares during the last quarter. Rheos Capital Works Inc. boosted its stake in shares of Ollie's Bargain Outlet by 10.4% in the third quarter. Rheos Capital Works Inc. now owns 213,000 shares of the company's stock worth $27,349,000 after buying an additional 20,000 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Ollie's Bargain Outlet by 315.4% during the third quarter. SG Americas Securities LLC now owns 29,771 shares of the company's stock worth $3,823,000 after acquiring an additional 22,604 shares during the period.
Ollie's Bargain Outlet Company Profile
(
Get Free Report)
Ollie's Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.
Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.
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