A share price of Olaplex Holdings Inc [OLPX] is currently trading at $1.54, down -3.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The OLPX shares have gain 1.99% over the last week, with a monthly amount drifted -13.97%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Olaplex Holdings Inc [NASDAQ: OLPX] stock has seen the most recent analyst activity on August 07, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $3 from $2. Previously, Piper Sandler upgraded its rating to Neutral on March 19, 2024, and elevated its price target to $2. On October 04, 2023, upgrade upgraded it’s rating to Equal Weight. Piper Sandler downgraded its rating to a Underweight and decreased its price target to $2 on August 25, 2023. Canaccord Genuity downgraded its rating to a Hold and reduced its price target to $3 on August 11, 2023. Telsey Advisory Group downgraded its rating to Market Perform for this stock on August 09, 2023, and downed its price target to $4. In a note dated March 16, 2023, TD Cowen downgraded an Market Perform rating on this stock and revised its target price from $10 to $4.50.
Olaplex Holdings Inc experienced fluctuations in its stock price throughout the past year between $1.19 and $2.77. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Olaplex Holdings Inc [NASDAQ: OLPX] shares were valued at $1.54 at the most recent close of the market. An investor can expect a potential return of 29.87% based on the average OLPX price forecast.
Analyzing the OLPX fundamentals
Trailing Twelve Months sales for Olaplex Holdings Inc [NASDAQ:OLPX] were 433.65M which represents -3.62% decline. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
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 1.5137 points at the first support level, and at 1.4875 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5825, and for the 2nd resistance point, it is at 1.6251.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Olaplex Holdings Inc [NASDAQ:OLPX] is 11.84. On the other hand, the Quick Ratio is 10.32, and the Cash Ratio is 9.53. Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 24.18.
Transactions by insiders
Recent insider trading involved Gurwitch Janet, Director, that happened on Jan 28 ’25 when 30000.0 shares were purchased. Director, Gurwitch Janet completed a deal on Jan 27 ’25 to buy 50000.0 shares. Meanwhile, Director Gurwitch Janet bought 0.44 million shares on Dec 16 ’24.
