Olaplex Holdings Inc (NASDAQ:OLPX) currently has a daily average trading volume of 1.61M but it saw 2648059 shares traded in last market. With a market cap of 879.02M USD, the company’s current market price of $1.32 came rising about 5.60 while comparing to the previous closing price of $1.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.77 and as low as $1.01.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Market Perform” in its note to investors issued on August 07, 2024, recommending a price target of between $2 and $3 for it. Piper Sandler upgraded its recommendation for the stock as a “Neutral” from “Underweight” on March 19, 2024 while assigning a price target range of $1.25-$2.
Over the week, OLPX’s stock price is moving 8.20% up while it is 0.76% when we observe its performance for the past one month. Year-to-date it is -23.70% down and over the past year, the stock is showing a downside performance of -15.92%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.01 while estimate for next year EPS is 0.06. In next quarter, company is expected to be making quarterly sales of $118.89M as analysts are expecting the sales for current fiscal year at $420.81M and seeing the company making $429.67M in sales next year. Moreover, analysts are in estimates of $100.64M for current-quarter revenue.
Currently, Olaplex Holdings Inc’s total number of outstanding shares is 665.71M with 0.56% of that held by the insiders while 98.23% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.80% and return on equity (ROE) at 1.41%. It has a price to earnings ratio (P/E ratio) of 72.13 while having a 19.77 of forward P/E ratio. Stock’s beta reads 2.33. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 2.09. Its return on asset (ROA) is 0.69% on average.
