Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) is set to release its earnings data after the market closes on Tuesday, August 29th. Analysts expect Ollie’s Bargain Outlet Holdings to post earnings of $0.25 per share for the quarter. Ollie’s Bargain Outlet Holdings has set its FY18 guidance at $1.14-1.17 EPS.
Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last issued its quarterly earnings data on Wednesday, May 31st. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The business had revenue of $227.60 million for the quarter, compared to the consensus estimate of $220.56 million. Ollie’s Bargain Outlet Holdings had a return on equity of 10.11% and a net margin of 7.25%. The firm’s revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.20 EPS. On average, analysts expect Ollie’s Bargain Outlet Holdings to post $1.17 EPS for the current fiscal year and $1.37 EPS for the next fiscal year.
Shares of Ollie’s Bargain Outlet Holdings, Inc. (OLLI) opened at 43.50 on Tuesday. Ollie’s Bargain Outlet Holdings, Inc. has a 52 week low of $24.12 and a 52 week high of $46.08. The company’s 50-day moving average price is $43.74 and its 200 day moving average price is $38.28. The firm has a market cap of $2.66 billion, a P/E ratio of 41.04 and a beta of 0.15.
In other news, VP Kenneth Robert Bertram sold 10,500 shares of the stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $42.81, for a total transaction of $449,505.00. Following the transaction, the vice president now owns 10,500 shares of the company’s stock, valued at approximately $449,505. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Omar Segura sold 43,323 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $45.15, for a total transaction of $1,956,033.45. Following the transaction, the senior vice president now directly owns 26,000 shares in the company, valued at approximately $1,173,900. The disclosure for this sale can be found here. Insiders have sold a total of 494,233 shares of company stock worth $22,241,680 in the last three months. Insiders own 22.25% of the company’s stock.
A number of analysts have commented on OLLI shares. BidaskClub raised shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 5th. MKM Partners cut shares of Ollie’s Bargain Outlet Holdings from a “buy” rating to a “neutral” rating and set a $39.00 price target on the stock. in a research report on Tuesday, May 30th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $37.00 price target on shares of Ollie’s Bargain Outlet Holdings in a research report on Thursday, May 25th. TheStreet raised shares of Ollie’s Bargain Outlet Holdings from a “c” rating to a “b-” rating in a research report on Monday, July 17th. Finally, Piper Jaffray Companies set a $48.00 price target on shares of Ollie’s Bargain Outlet Holdings and gave the company a “buy” rating in a research report on Thursday, June 1st. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Ollie’s Bargain Outlet Holdings has an average rating of “Buy” and a consensus price target of $39.60.
About Ollie’s Bargain Outlet Holdings
Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.
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