Olaplex Holdings Inc (NASDAQ:OLPX) traded at $1.34 at close of the session on Friday, April 26, made an upward move of 1.52% on its previous day’s price.
Looking at the stock we see that its previous close was $1.32 . The company has a trailing 12-month PE ratio of 14.76. In terms of its 52-week price range, OLPX has a high of $4.26 and a low of $1.19. The company’s stock has lost about -26.37% over that past 30 days.
Olaplex Holdings Inc has a market cap of $886.22 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.03, with the EPS growth for the year raised at $0.14 for 2024 and $0.17 for next year. These figures represent -12.50% and 21.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $95.18 million, with a low of $93 million and a high of $97 million. The median projection represents growth adding up to -13.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $449.72 million, or -1.90% down from figures reported last year.
On the other hand, looking at the outlook for the OLPX stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -12.53% off its SMA20 and -23.37% from its 50-day simple moving average. The RSI (14) is pointing at 36.35 while the volatility over the past week is 8.39% and jumps to 7.31% over the past one month. The beta value is 2.36, while the average true range (ATR) is currently pointing at 0.11.
Coming back to Olaplex Holdings Inc (NASDAQ:OLPX), we note that the average 3-month trading volume was 2.11 million. Current shares outstanding are 660.73 million.
The insiders hold 80.30% of the company’s shares while institutions hold 17.61%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -47.24% down in year-to-date price movement.
