Ollie’s Bargain Outlet (NASDAQ:OLLI) Sets New 1-Year Low – Should You Sell?

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $87.79 and last traded at $89.2210, with a volume of 734265 shares changing hands. The stock had previously closed at $93.68.

Wall Street Analyst Weigh In

OLLI has been the topic of several recent analyst reports. Piper Sandler restated an “overweight” rating and set a $128.00 price objective (down from $140.00) on shares of Ollie’s Bargain Outlet in a report on Friday, March 13th. Bank of America reiterated a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Wells Fargo & Company upgraded Ollie’s Bargain Outlet from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $120.00 to $130.00 in a research report on Friday, March 13th. Royal Bank Of Canada upped their target price 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. Finally, Weiss Ratings lowered Ollie’s Bargain Outlet from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 9th. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ollie’s Bargain Outlet currently has an average rating of “Moderate Buy” and a consensus target price of $140.64.

Ollie’s Bargain Outlet Trading Down 1.2%

The stock has a market cap of $5.38 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 1.55 and a beta of 0.59. The business has a 50-day moving average price of $100.61 and a 200-day moving average price of $111.80.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last announced its earnings results on Thursday, March 12th. The company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The firm had revenue of $779.26 million for the quarter, compared to analyst estimates of $783.72 million. During the same quarter last year, the firm posted $1.19 EPS. The business’s revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. Equities analysts expect that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 earnings per share for the current year.

Insider Activity

In other news, Chairman John W. Swygert sold 5,231 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $92.09, for a total transaction of $481,722.79. Following the transaction, the chairman owned 48,200 shares in the company, valued at $4,438,738. This trade represents a 9.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 13,585 shares of company stock worth $1,275,398. Company insiders own 0.75% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in OLLI. Cornerstone Planning Group LLC lifted its position in shares of Ollie’s Bargain Outlet by 218.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 255 shares of the company’s stock valued at $27,000 after buying an additional 175 shares in the last quarter. Allworth Financial LP raised its stake in Ollie’s Bargain Outlet by 301.8% in the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after purchasing an additional 166 shares during the last quarter. Maseco LLP acquired a new position in Ollie’s Bargain Outlet in the 4th quarter valued at $30,000. Private Trust Co. NA raised its stake in Ollie’s Bargain Outlet by 71.3% in the 3rd quarter. Private Trust Co. NA now owns 245 shares of the company’s stock valued at $31,000 after purchasing an additional 102 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Ollie’s Bargain Outlet by 49.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 279 shares of the company’s stock valued at $31,000 after purchasing an additional 92 shares during the last quarter.

About Ollie’s Bargain Outlet

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.