Skip to main content

Market Overview

Why Ollie's Bargain's Stock Is Trading Higher Today

Share:

Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) shares are trading higher on Friday, after the company reported better-than expected first-quarter EPS and sales results.

Ollie's reported quarterly earnings of 49 cents per share, which beat the analyst consensus estimate of 31 cents. The company reported quarterly sales of $349.40 million, which beat the analyst consensus estimate of $315.02 million.

KeyBanc maintained an Overweight rating on the stock and raised its price target from $80 to $100 per share.

Ollie's Bargain Outlet 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 U.S.

Ollie's Bargain Outlet shares were trading up 5.51% at $92.64 at time of publication on Friday. The stock has a 52-week high of $99.80 and a 52-week low of $28.83.

Latest Ratings for OLLI

DateFirmActionFromTo
May 2021Morgan StanleyUpgradesUnderweightEqual-Weight
May 2021KeybancMaintainsOverweight
Mar 2021Craig-HallumMaintainsBuy

View More Analyst Ratings for OLLI
View the Latest Analyst Ratings

 

Related Articles (OLLI)

View Comments and Join the Discussion!

Posted-In: why it's movingEarnings News Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
AMZNJP MorganMaintains4,600.0
STZOTR GlobalDowngrades
SYKESidoti & Co.Downgrades54.0
CAIB. Riley SecuritiesDowngrades
UALWolfe ResearchUpgrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com