Ollie's Bargain Outlet

Wasatch's Small Cap Growth Strategy said Ollie's Bargain Outlet detracted from performance in Q2, citing investor worries that rising oil prices could weaken consumer spending. The fund noted Ollie's deep‑discount closeout model may prove resilient as tighter household budgets could boost demand. Ollie's shares have fallen 9.41% over the past month and 37.61% over the past year, with a market capitalization of $4.01 billion. » More on finance.yahoo.com

JPMorgan cut its rating for Ollie’s Bargain Outlet from “Overweight” to “Neutral” and set a $70 price target, after which the stock fell about 5.3% in premarket trading to $64.44. The downgrade reinforces existing concerns: several banks have recently lowered price targets or withdrawn ratings. Ollie’s reported EPS of $0.91 (above consensus) but slightly missed revenue expectations, while weather-related headwinds, multiples compression and a cautious consumer climate were cited. The stock is roughly 46% below its 52-week high and is now trading below the previous 52-week low, weighing on institutional confidence. » More on de.investing.com

Ollies Bargain Outlet’s shares hit a new 52-week low of $70.76, about 43.98% below the year high. The stock trades at a P/E ratio of 17.87 and a PEG of 0.74, and the company remains profitable with revenue up 16.74% over the past 12 months. For Q1 FY2026, Ollies reported adjusted EPS of $0.91 (above expectations) on revenue of $659 million (slightly below estimates), showed same-store sales growth of 1.7%, and raised its full-year EPS guidance. Analysts reacted mixed: Truist raised its price target to $112, UBS cut its target to $87 (neutral), Gordon Haskett moved its rating to Accumulate, and KeyBanc reaffirmed Overweight. » More on de.investing.com