Ollie's Bargain OutletOLLI
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 Q3 regulatory filings by fund managers ($100M+ AUM)
11% more call options, than puts
Call options by funds: $87.1M | Put options by funds: $78.4M
0.7% less ownership
Funds ownership: 104.57% [Q2] → 103.87% (-0.7%) [Q3]
2% less capital invested
Capital invested by funds: $6.28B [Q2] → $6.19B (-$97.3M) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 142
2% less funds holding
Funds holding: 411 [Q2] → 403 (-8) [Q3]
12% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 68
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Piper Sandler Peter Keith 66% 1-year accuracy 29 / 44 met price target | 16%upside $107 | Overweight Maintained | 4 Oct 2024 |
RBC Capital Steven Shemesh 70% 1-year accuracy 30 / 43 met price target | 15%upside $106 | Outperform Maintained | 2 Oct 2024 |
B of A Securities Jason Haas 46% 1-year accuracy 13 / 28 met price target | 25%upside $115 | Buy Maintained | 30 Sept 2024 |
Loop Capital Anthony Chukumba 40% 1-year accuracy 6 / 15 met price target | 20%upside $110 | Buy Reiterated | 20 Sept 2024 |
JP Morgan Matthew Boss 40% 1-year accuracy 23 / 57 met price target | 14%upside $105 | Overweight Maintained | 30 Aug 2024 |