From what 15 stock analysts predict, the share price for Ollie's Bargain Outlet Holdings Inc (OLLI) might increase by 3.71% in the next year. This is based on a 12-month average estimation for OLLI. Price targets go from $64 to $135. The majority of stock analysts believe OLLI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
OLLI is a stock in Consumer Defensive which has been forecasted to be worth $115.13333 as an average. On the higher end, the forecast price is $135 USD by from and on the lower end OLLI is forecasted to be $64 by Scot Ciccarelli from Truist Securities.
These are the latest 20 analyst ratings of OLLI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Edward Kelly Wells Fargo | Equal-Weight | $95 | Downgrade | Dec 3, 2024 |
Peter Keith Piper Sandler | Overweight | $107 | Maintains | Oct 4, 2024 |
Steven Shemesh RBC Capital | Outperform | $106 | Maintains | Oct 2, 2024 |
Jason Haas B of A Securities | Buy | $115 | Maintains | Sep 30, 2024 |
Anthony Chukumba Loop Capital | Buy | $110 | Reiterates | Sep 20, 2024 |
Steven Shemesh RBC Capital | Outperform | $100 | Maintains | Aug 30, 2024 |
Peter Keith Piper Sandler | Overweight | $107 | Reiterates | Aug 30, 2024 |
Matthew Boss JP Morgan | Overweight | $105 | Maintains | Aug 30, 2024 |
Mark Carden UBS | Neutral | $99 | Maintains | Aug 30, 2024 |
Eric Cohen Gordon Haskett | Buy | $107 | Upgrade | Aug 26, 2024 |
Scot Ciccarelli Truist Securities | Buy | $109 | Maintains | Jul 12, 2024 |
Scot Ciccarelli Truist Securities | Buy | $102 | Maintains | Jul 1, 2024 |
Peter Keith Piper Sandler | Overweight | $107 | Maintains | Jun 25, 2024 |
Anthony Chukumba Loop Capital | Buy | $110 | Maintains | Jun 24, 2024 |
Matthew Boss JP Morgan | Overweight | Upgrade | Jun 17, 2024 | |
Jeremy Hamblin Craig-Hallum | Buy | $105 | Maintains | Jun 6, 2024 |
Anthony Chukumba Loop Capital | Buy | $100 | Maintains | Jun 6, 2024 |
Mark Carden UBS | Neutral | $97 | Maintains | Jun 6, 2024 |
Steven Shemesh RBC Capital | Outperform | $101 | Maintains | Jun 6, 2024 |
Edward Kelly Wells Fargo | Overweight | $100 | Maintains | Jun 6, 2024 |
When did it IPO
2015
Staff Count
5,500
Country
United States
Sector/Industry
Consumer Defensive/Discount Stores
CEO
Mr. John W. Swygert Jr.
Market Cap
$6.81B
In 2023, OLLI generated $1.83B in revenue, which was a increase of 4.22% from the previous year. This can be seen as a signal that OLLI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Ollie's Bargain Outlet expects strong third-quarter revenue growth due to strategic expansion and a strong value proposition.
Why It Matters - Ollie's Bargain Outlet's expected revenue growth indicates strong business momentum, which could enhance stock performance and attract investor interest.
Summary - Ollie's Bargain Outlet (OLLI) is expected to report key metrics for the quarter ended October 2024, beyond just top- and bottom-line estimates, indicating potential performance insights.
Why It Matters - Key metrics for Ollie's Bargain Outlet provide deeper insights into its future performance, influencing investor expectations and potential stock valuation.
Summary - Ollie's Bargain Outlet (OLLI) is not expected to meet key criteria for a potential earnings beat in its upcoming report. Investors should prepare for this news.
Why It Matters - Ollie's Bargain Outlet may underperform in its upcoming earnings report, signaling potential stock volatility and affecting investor confidence.
Summary - Ollie's Bargain Outlet's stock rose 73.8%, exceeding the S&P 500's 51.9%. Strong revenue growth and improved margins are noted, but a 'hold' rating is advised due to valuation concerns.
Why It Matters - Ollie's strong stock performance and improving financials highlight growth potential, but valuation concerns and market conditions suggest caution for future investment decisions.
Summary - Ollie's Bargain Outlet Holdings, Inc. will release Q3 fiscal 2024 results on December 10, 2024, before market open, followed by a conference call at 8:30 a.m. ET.
Why It Matters - The scheduled release of Ollie's financial results and subsequent conference call can impact stock performance, providing insights into company health and future guidance.
Summary - Ollie's Bargain has acquired additional former Big Lots stores, advancing its growth strategy in the competitive retail market.
Why It Matters - Ollie's acquisition of Big Lots stores signals expansion and strategic positioning, potentially enhancing market share and revenue growth, which can positively impact stock performance.