Is that what Sustainable Earning stands for?: Olaplex Holdings Inc. (OLPX)

Olaplex Holdings Inc. [OLPX] stock prices are down -4.26% to $5.84 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OLPX shares have gain 7.95% over the last week, with a monthly amount glided 39.05%, and seem to be holding up well over a long-time horizon.

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On 23, November 2022, Olaplex Holdings, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference on December 7, 2022. In a post published today on Yahoo Finance, Olaplex Holdings, Inc. (“OLAPLEX”), today announced their participation in the Morgan Stanley Global Consumer & Retail Conference being held at the InterContinental New York Barclay in New York City, New York.

From an analyst’s perspective:

Olaplex Holdings Inc. [NASDAQ: OLPX] stock has seen the most recent analyst activity on November 17, 2022, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $8. Previously, Raymond James downgraded its rating to Mkt Perform on October 19, 2022. On October 19, 2022, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $6.50 on the stock. JP Morgan downgraded its rating to a Underweight and decreased its price target to $8 on October 19, 2022. Jefferies downgraded its rating to a Hold and reduced its price target to $6 on October 19, 2022. Evercore ISI downgraded its rating to In-line for this stock on October 19, 2022, and downed its price target to $10. In a note dated October 19, 2022, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $15 to $5.

The stock price of Olaplex Holdings Inc. [OLPX] has been fluctuating between $3.80 and $30.41 over the past year. Currently, Wall Street analysts expect the stock to reach $7.58 within the next 12 months. Olaplex Holdings Inc. [NASDAQ: OLPX] shares were valued at $5.84 at the most recent close of the market. An investor can expect a potential return of 29.79% based on the average OLPX price forecast.

Analyzing the OLPX fundamentals

The most recent quarter, Olaplex Holdings Inc. [NASDAQ:OLPX] reported sales of 176.45 billion, representing a surge of 9.20%. Gross Margin for this corporation currently stands at +72.37% with Operating Margin at +59.64%, Pretax Margin comes in at +46.06%, and Net Margin reading is +36.90%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.74 points at the first support level, and at 5.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.01, and for the 2nd resistance point, it is at 6.19.

Olaplex Holdings Inc. [OLPX] reported earnings per share of $0.14 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.13/share, meaning a difference of $0.01 and a surprise factor of 7.70%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $0.13 per share as compared to estimates of $0.11 per share, a difference of $0.02 representing a surprise of 18.20%.

Ratios To Look Out For

It’s worth pointing out that Olaplex Holdings Inc. [NASDAQ:OLPX]’s Current Ratio is 5.60. In addition, the Quick Ratio stands at 3.25 and the Cash Ratio stands at 2.56. Considering the valuation of this stock, the price to sales ratio is 31.59, the price to book ratio is 36.05 and the P/E (TTM) ratio is 14.46.

Transactions by insiders

Recent insider trading involved Tiziani Eric, Chief Financial Officer, that happened on Mar 10 when 20000.0 shares were purchased.