BofA cuts Ollie’s Bargain Outlet stock price target on valuation

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices remain near $100 as Iran supply fears overshadow Russia measures Iran latest: Trump tells G7 Iran set to surrender; U.S. plane crash kills 4 crew Oil prices float near $100 a barrel amid ongoing Iran war - what’s moving markets Hormuz oil flows down 97% from normal levels, Goldman Sachs says (South Africa Philippines Nigeria) BofA cuts Ollie’s Bargain Outlet stock price target on valuation By Analyst Ratings Published 03/13/2026, 07:23 AM BofA cuts Ollie’s Bargain Outlet stock price target on valuation 0 OLLI 1.45% Investing.com - BofA Securities lowered its price target on Ollie’s Bargain Outlet (NASDAQ:OLLI) to $135 from $150 while maintaining a Buy rating on the shares. The stock currently trades at $104.87, near its 52-week low of $98.19, with a market capitalization of $6.43 billion. The company reported fourth-quarter adjusted earnings per share of $1.39, above the BofA estimate of $1.34 and consensus estimate of $1.38, driven by better gross margin performance. According to InvestingPro data, 4 analysts have revised their earnings upwards for the upcoming period, reflecting growing confidence in the company’s trajectory. Management provided guidance for adjusted earnings per share of $4.40 to $4.50 and introduced a new long-term algorithm for comparable sales of 2% and gross margin of 40.5%, compared to previous targets of 1% to 2% and 40%. BofA raised its fiscal 2026 and fiscal 2027 earnings estimates by 2% and 1% to $4.49 and $4.98 respectively to reflect the improved gross margin outlook and increased share buyback activity. The firm now bases its price target on 27 times fiscal 2027 earnings, down from 30 times previously, to reflect peer multiple compression. For deeper insights into OLLI’s valuation and growth prospects, investors can access comprehensive Pro Research Reports on InvestingPro , which transforms complex Wall Street data into clear, actionable intelligence for over 1,400 ...