Should Investors Trust The Upside Potential In ODDITY Tech Ltd (ODD)?

ODDITY Tech Ltd (NASDAQ:ODD) currently has a daily average trading volume of 895.57K but it saw 1881387 shares traded in last market. With a market cap of 3.83B USD, the company’s current market price of $68.59 came rising about 5.83 while comparing to the previous closing price of $64.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $73.00 and as low as $32.71.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which initiated the stock as “Overweight” in its note to investors issued on January 31, 2025, recommending a price target of $55 for it. Evercore ISI also issued its recommendations for the stock as it initiated the price target for the stock is $57.

Over the week, ODD’s stock price is moving 8.44% up while it is 60.82% when we observe its performance for the past one month. Year-to-date it is 63.23% up and over the past year, the stock is showing an upside performance of 67.33%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.88 while estimate for next year EPS is 2.03. In next quarter, company is expected to be making quarterly sales of $143.38M as analysts are expecting the sales for current fiscal year at $797.18M and seeing the company making $958.99M in sales next year. Moreover, analysts are in estimates of $237.44M for current-quarter revenue.

Currently, ODDITY Tech Ltd’s total number of outstanding shares is 44.28M with 15.87% of that held by the insiders while 93.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 30.73% and return on equity (ROE) at 32.25%. It has a price to earnings ratio (P/E ratio) of 39.53 while having a 30.59 of forward P/E ratio. Stock’s beta reads 3.34. Stock has a price to book (P/B) ratio of 11.61 while price to sale or P/S ratio amounts to 5.44. Its return on asset (ROA) is 20.46% on average.