Analyst Ratings for Ollie's Bargain Outlet Holdings Inc. (OLLI)

Updated: 2017-07-27

Shares of Ollie's Bargain Outlet Holdings Inc. (NASDAQ:OLLI) have received a consensus rating of Overweight from Wall Street analysts. OLLI had previously received a consensus rating of Overweight a month ago.

9 analysts issued ratings on the stock, where 6 gave OLLI a buy rating, 1 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for OLLI by the analysts covering the stock. The highest price target was 48, implying a possible profit of 7.87 percent. The lowest price target was 40, which equates to a potential downside of -10.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 2.08 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.63 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

OLLI has an estimated earnings growth rate of 10.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of OLLI is 3.93.

OLLI has a 52-week high of 44.88 and a 52-week low of 24.12. Currently the stock is 84.49 percent higher than its low, and below the high by 0.85 percent. OLLI has a price/earnings ratio of 42. Investors typically compare the P/E ratio to a company's peers in the industry. The OLLI value stock report compares OLLI to some of its peers using value stock charts. The stock has a market capitalization of $2.69 billion. OLLI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.