Ollie’s Bargain Outlet (NASDAQ:OLLI) Issues FY 2025 Earnings Guidance

Ollie’s Bargain Outlet (NASDAQ:OLLI) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 3.650-3.750 for the period, compared to the consensus EPS estimate of 3.780. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion. Ollie’s Bargain Outlet also updated its FY26 guidance to $3.65-$3.75 EPS.

Analysts Set New Price Targets

Several research firms recently commented on OLLI. Jefferies Financial Group downgraded Ollie’s Bargain Outlet from a “buy” rating to a “hold” rating and dropped their price objective for the company from $125.00 to $111.00 in a research note on Tuesday, February 4th. Loop Capital upped their price objective on Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Citigroup upgraded Ollie’s Bargain Outlet from a “sell” rating to a “buy” rating and upped their price objective for the company from $64.00 to $133.00 in a research note on Wednesday, December 18th. Craig Hallum upped their price objective on Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, Bank of America upped their price objective on Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $118.29.

Ollie’s Bargain Outlet Stock Performance

Ollie’s Bargain Outlet stock opened at $107.94 on Thursday. The stock has a market cap of $6.61 billion, a P/E ratio of 32.22, a PEG ratio of 2.21 and a beta of 0.83. Ollie’s Bargain Outlet has a fifty-two week low of $68.05 and a fifty-two week high of $120.03. The firm’s fifty day moving average price is $105.13 and its 200-day moving average price is $101.38.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its earnings results on Wednesday, March 19th. The company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.01). The firm had revenue of $667.10 million during the quarter, compared to the consensus estimate of $674.61 million. Ollie’s Bargain Outlet had a net margin of 9.22% and a return on equity of 13.15%. The firm’s revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.23 EPS. Sell-side analysts predict that Ollie’s Bargain Outlet will post 3.29 earnings per share for the current year.

About Ollie’s Bargain Outlet

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.