Key Points
- Chairman John Swygert sold 3,898 shares on March 27 at an average price of $89.40 (proceeds ~$348,481), cutting his stake by 6.8% to 53,431 shares.
- Ollie's reported $1.39 EPS for the quarter (beat by $0.01) with revenue of $779.26M (up 16.8% year‑over‑year) and set FY2026 guidance of 4.40–4.50 EPS.
- Wall Street sentiment is broadly positive—13 Buy vs. 3 Hold ratings with an average price target of $141.50—and several firms have recently raised ratings or targets (e.g., Loop Capital, RBC).
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI - Get Free Report) Chairman John Swygert sold 3,898 shares of the firm's stock in a transaction on Friday, March 27th. The stock was sold at an average price of $89.40, for a total value of $348,481.20. Following the completion of the transaction, the chairman directly owned 53,431 shares of the company's stock, valued at approximately $4,776,731.40. This trade represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Ollie's Bargain Outlet Price Performance
Shares of Ollie's Bargain Outlet stock opened at $89.24 on Friday. The firm has a market capitalization of $5.44 billion, a PE ratio of 22.88, a price-to-earnings-growth ratio of 1.56 and a beta of 0.53. The company's fifty day moving average price is $107.20 and its two-hundred day moving average price is $116.78. Ollie's Bargain Outlet Holdings, Inc. has a 52-week low of $88.44 and a 52-week high of $141.74.
Ollie's Bargain Outlet (NASDAQ:OLLI - Get Free Report) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.01. Ollie's Bargain Outlet had a net margin of 9.08% and a return on equity of 13.18%. The company had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. During the same period last year, the firm earned $1.19 EPS. The firm's revenue for the quarter was up 16.8% compared to the same quarter last year. Ollie's Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Analysts predict that Ollie's Bargain Outlet Holdings, Inc. will post 3.29 earnings per share for the current fiscal year.
Key Ollie's Bargain Outlet News
Here are the key news stories impacting Ollie's Bargain Outlet this week:
- Positive Sentiment: Zacks Research issued multiple upward revisions to Ollie’s forward earnings and quarterly estimates (FY2028 raised to $5.10 from $5.00; FY2029 at $5.81) and nudged several quarterly EPS forecasts higher — a signal that at least one sell‑side shop sees stronger-than-expected future profitability, which can support a higher valuation.
- Positive Sentiment: Commentary piece argues Ollie’s is positioned to benefit from a favorable legislative "tailwind" (consumer/retail policy or demographic shifts highlighted by the author), suggesting thematic support for discount retailers that could boost demand and margins over time. Ollie’s Bargain Outlet (OLLI) Positioned to Capitalize on One Big Beautiful Bill Tailwind
- Neutral Sentiment: Ollie’s opened a new store in La Crosse with grand‑opening promotions — expansion supports long‑term square footage growth but is unlikely to materially move near‑term results on its own. Ollie's Bargain Outlet opens in La Crosse with grand opening deals
- Negative Sentiment: Zacks trimmed one quarterly estimate (Q2 2027 EPS down to $1.16 from $1.18) — a small downward revision that signals some near‑term volatility in quarter-to-quarter expectations even as its broader view remains constructive.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on OLLI. Loop Capital raised Ollie's Bargain Outlet from a "hold" rating to a "buy" rating and lifted their price objective for the company from $130.00 to $135.00 in a report on Monday, December 22nd. Bank of America reissued a "buy" rating on shares of Ollie's Bargain Outlet in a report on Friday, March 13th. Sanford C. Bernstein restated an "outperform" rating on shares of Ollie's Bargain Outlet in a research report on Wednesday, December 10th. Piper Sandler reaffirmed an "overweight" rating and issued a $128.00 price target (down from $140.00) on shares of Ollie's Bargain Outlet in a research note on Friday, March 13th. Finally, Royal Bank Of Canada upped their price target on Ollie's Bargain Outlet from $147.00 to $155.00 and gave the company an "outperform" rating in a research report on Friday, March 13th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $141.50.
Check Out Our Latest Stock Report on Ollie's Bargain Outlet
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. Bessemer Group Inc. increased its holdings in shares of Ollie's Bargain Outlet by 25.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the company's stock worth $55,000 after buying an additional 86 shares in the last quarter. MAI Capital Management increased its holdings in Ollie's Bargain Outlet by 28.5% during the 2nd quarter. MAI Capital Management now owns 397 shares of the company's stock valued at $52,000 after purchasing an additional 88 shares in the last quarter. Campbell Newman Asset Management Inc. raised its position in Ollie's Bargain Outlet by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 20,850 shares of the company's stock valued at $2,677,000 after purchasing an additional 90 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Ollie's Bargain Outlet by 0.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 14,458 shares of the company's stock valued at $1,905,000 after purchasing an additional 91 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Ollie's Bargain Outlet by 49.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company's stock worth $31,000 after purchasing an additional 92 shares in the last quarter.
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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