UPDATE: Ollie's Bargain Outlet (OLLI) PT Raised to $82 at Piper Jaffray Following 1Q Beat

Go back to UPDATE: Ollie's Bargain Outlet (OLLI) PT Raised to $82 at Piper Jaffray Following 1Q Beat

Ollie's Bargain Outlet (OLLI) PT Raised to $79 at RBC Capital

June 6, 2018 9:00 AM EDT

RBC Capital raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $79.00 (from $69.00) while maintaining a Outperform rating.

Analsyt Scot Ciccarelli commented, "Ollies continues to generate very strong top- (+21%) and bottom-line growth (EBIT +32%/EPS +64%). While we could see some profit taking... More

Ollie's Bargain Outlet (OLLI) PT Raised to $75 at BofA/Merrill Lynch

June 6, 2018 8:45 AM EDT

BofA/Merrill Lynch raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $75.00 (from $63.00) while maintaining a Neutral rating.

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Ollie's Bargain Outlet (OLLI) PT Raised to $75 at Buckingham Research

June 6, 2018 7:55 AM EDT

Buckingham Research raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $75.00 (from $55.00) while maintaining a Neutral rating.

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Ollie's Bargain Outlet (OLLI) PT Raised to $68 at Wells Fargo

June 6, 2018 7:52 AM EDT

Wells Fargo raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $68.00 (from $58.00) while maintaining a Market Perform rating.

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Ollie's Bargain Outlet (OLLI) PT Raised to $63 at Morgan Stanley

June 6, 2018 7:48 AM EDT

Morgan Stanley raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $63.00 (from $58.00) while maintaining a Equalweight rating.

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Stephens Reiterates Overweight on Ollie's Bargain Outlet (OLLI) Following 1Q

June 6, 2018 7:28 AM EDT

Stephens reiterated an Overweight rating and $70.00 price target on Ollie's Bargain Outlet (NASDAQ: OLLI) following the company's 1Q earnings report. 1Q18 EPS rose 48% to $0.41, exceeding the consensus of $0.37. The solid performance reflects strong deal flow, strong performance from new stores, and tight expense... More

Ollie's Bargain Outlet (OLLI) PT Raised to $78 at Credit Suisse Following 1Q

June 6, 2018 7:10 AM EDT

Credit Suisse raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $78.00 (from $68.00) while maintaining a Outperform rating following the company's 1Q earnings report. EPS of $0.41 was above consensus of $0.37 despite weather and freight headwinds. Comps were in-line with consensus, although transactions were... More

UPDATE: Ollie's Bargain Outlet (OLLI) PT Raised to $65 at MKM Partners Following Very Strong EPS, Decelerating Comps

June 6, 2018 5:38 AM EDT

(Updated - June 6, 2018 6:58 AM EDT)

MKM Partners raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $65.00 (from $59.00) while maintaining a Neutral rating following the company's 1Q earnings report. Adjusted EPS was $0.41 vs. the Street at $0.37. The upside was... More

Ollie's Bargain Outlet (OLLI) PT Raised to $80 at KeyBanc

June 6, 2018 1:17 AM EDT

KeyBanc raised its price target on Ollie's Bargain Outlet (NASDAQ: OLLI) to $80.00 (from $68.00) while maintaining a Overweight rating.

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After-Hours Movers 6/5: (VBLT) (NCS) (LAYN) Higher; (AMBA) (OLLI) (IMGN) Lower (more...)

June 5, 2018 5:29 PM EDT

Today's After-Hours Movers

VBL Therapeutics (NASDAQ: VBLT) 37% HIGHER; presented data on its novel MOSPD2 program in oncology and inflammation at the 2018 BIO International Convention in Boston, Massachusetts. "Our research has shown that MOSPD2 plays a key role in the regulation of cell motility," said Dror Harats, M.D., Chief Executive Officer of VBL Therapeutics. "We have generated data indicating that MOSPD2 is required for directional movement, or chemotaxis, of tumor cells and... More

Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 4c, Revenues Beat; Boosts FY Guidance

June 5, 2018 4:13 PM EDT

Ollie's Bargain Outlet (NASDAQ: OLLI) reported Q1 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $267.15 million.

First Quarter Summary:

Total net sales increased 21.1% to $275.7 million. Comparable store sales increased 1.9%.The Company opened eight stores and entered one new state during the quarter, ending the period with a total of 276 stores in 21 states, an increase in store count of 15.5% year over year.Operating income increased 31.6% to $36.0 million and operating margin increased 110 basis points to 13.1%.Net income... More