Ollie’s Bargain Outlet (NASDAQ:OLLI) Issues 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 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.

Ollie’s Bargain Outlet Price Performance

Shares of OLLI opened at $107.94 on Thursday. Ollie’s Bargain Outlet has a one year low of $68.05 and a one year high of $120.03. The company has a 50-day simple moving average of $105.13 and a two-hundred day simple moving average of $101.38. The firm has a market capitalization of $6.61 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 2.21 and a beta of 0.83.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings data 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 return on equity of 13.15% and a net margin of 9.22%. The company had revenue of $667.10 million during the quarter, compared to analysts’ expectations of $674.61 million. During the same quarter last year, the business earned $1.23 earnings per share. The business’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that Ollie’s Bargain Outlet will post 3.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Craig Hallum lifted their target price on shares of Ollie’s Bargain Outlet from $107.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Piper Sandler lifted their target price on shares of Ollie’s Bargain Outlet from $107.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Loop Capital lifted their target price on shares of Ollie’s Bargain Outlet from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Truist Financial lifted their target price on shares of Ollie’s Bargain Outlet from $109.00 to $121.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Finally, Bank of America raised their price target on shares of Ollie’s Bargain Outlet from $115.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. One 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 an average rating of “Moderate Buy” and an average target price of $118.29.

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.