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

Ollie’s Bargain Outlet (NASDAQ:OLLI) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.650-3.750 for the period, compared to the consensus 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 have weighed in on OLLI. Bank of America lifted their target price on Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Craig Hallum lifted their target price on Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. StockNews.com lowered Ollie’s Bargain Outlet from a “hold” rating to a “sell” rating in a report on Tuesday, February 4th. Loop Capital lifted their target price on Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Finally, Citigroup upgraded Ollie’s Bargain Outlet from a “sell” rating to a “buy” rating and lifted their target price for the stock from $64.00 to $133.00 in a report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $118.29.

Ollie’s Bargain Outlet Stock Down 4.1 %

NASDAQ:OLLI opened at $99.06 on Wednesday. The stock’s 50 day moving average price is $105.06 and its two-hundred day moving average price is $101.33. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 29.57, a P/E/G ratio of 2.21 and a beta of 0.83. Ollie’s Bargain Outlet has a 12-month low of $68.05 and a 12-month high of $120.03.

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