Olaplex Holdings Inc [OLPX] stock is trading at $1.53, down -1.92%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OLPX shares have gain 5.52% over the last week, with a monthly amount glided 2.00%, and 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 [OLPX] stock has fluctuated between $1.19 and $2.77 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Olaplex Holdings Inc [NASDAQ: OLPX] shares were valued at $1.53 at the most recent close of the market. An investor can expect a potential return of 30.72% based on the average OLPX price forecast.
Analyzing the OLPX fundamentals
Olaplex Holdings Inc [NASDAQ:OLPX] reported sales of 422.67M for the trailing twelve months, which represents a drop of -9.82%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.74.
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 1.4400 points at the first support level, and at 1.3500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5950, and for the 2nd resistance point, it is at 1.6600.
Ratios To Look Out For
For context, Olaplex Holdings Inc’s Current Ratio is 10.67. Further, the Quick Ratio stands at 9.51, while the Cash Ratio is 9.06. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 52.22.
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.
