Ollie's Bargain OutletOLLI
Market Cap: $5.36B
About: Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and consistent store performance for the company.
Employees: 11,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 6 (+4) [Q2]
105% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 40
25% more capital invested
Capital invested by funds: $4.96B [Q1] → $6.23B (+$1.26B) [Q2]
14% more call options, than puts
Call options by funds: $104M | Put options by funds: $91.4M
11% more funds holding
Funds holding: 368 [Q1] → 410 (+42) [Q2]
2.3% more ownership
Funds ownership: 101.34% [Q1] → 103.64% (+2.3%) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 148
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
JP Morgan Matthew Boss 35% 1-year accuracy 19 / 54 met price target | 20%upside $105 | Overweight Maintained | 30 Aug 2024 |
RBC Capital Steven Shemesh 61% 1-year accuracy 27 / 44 met price target | 15%upside $100 | Outperform Maintained | 30 Aug 2024 |
UBS Mark Carden 78% 1-year accuracy 7 / 9 met price target | 13%upside $99 | Neutral Maintained | 30 Aug 2024 |
Piper Sandler Peter Keith 57% 1-year accuracy 26 / 46 met price target | 23%upside $107 | Overweight Reiterated | 30 Aug 2024 |
Gordon Haskett Eric Cohen 0% 1-year accuracy 0 / 1 met price target | 23%upside $107 | Buy Upgraded | 26 Aug 2024 |
Financial journalist opinion
Based on 17 articles about OLLI published over the past 30 days