![]() ![]() ![]() Both revenue and net profit missed analyst expectations. Ollies Bargain Outlet Holdings (OLLI) Stock Key. The company, unhappily, saw net and comparable-store sales crumble (by a respective 10% and 17% year over year) and profitability plunge by 77%. Ollies Bargain Outlet Holdings (OLLI) Stock Price Performance. ![]() In his latest research note, the prognosticator hearkened back to those quarterly results. In mid-June, he similarly bumped it $5 higher, from $65 per share to $70. This is actually the prognosticator's second target price hike in less than a month. Ollies Bargain Outlet is an American chain of discount closeout retailers. View real-time OLLI stock price and news, along with industry-best analysis. He's also maintaining his overweight (read:buy) recommendation on the stock. Complete Ollies Bargain Outlet Holdings Inc. On Thursday, Kelly added $5 to his target for Ollie's shares, placing it at $75. Compounding that, this week an analyst upped his price target on the stock. While the bears have targeted Ollie’s Bargain Outlet for less-than-desirable performances, OLLI stock can still positively surprise the market. The company has momentum thanks to encouraging guidance it proffered with its latest set of quarterly results published last month, making it a bright spot in the still fairly unpopular retail sector. Ollie’s Bargain Outlet (OLLI) Could Make For a Solid Contrarian Investment Barchart - Fri Mar 3, 10:00AM CST. The average rating score is and is based on 19 buy. With inflation remaining well above the Fed’s long-term target of 2 and the jobs market. The bellwether S&P 500 index inched up by less than 2%, but the discount retailer's stock roared ahead by 16%, according to data provided by S&P Global Market Intelligence. Is Ollie's Bargain Outlet Holdings stock a Buy, Sell or Hold Ollie's Bargain Outlet Holdings stock has received a consensus rating of buy. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie’s Bargain Outlet Holdings (OLLI), and Rent the Runway (RENT). The stock market overall had a relatively good week, but Ollie's Bargain Outlet Holdings ( OLLI -0.56%) had a spectacular one. ![]()
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