Olaplex Holdings Inc (NASDAQ:OLPX) price on Friday, May 02, rose 4.58% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.37.
A look at the stock’s price movement, the close in the last trading session was $1.31, moving within a range at $1.31 and $1.41. The beta value (5-Year monthly) was 2.388 while the PE ratio in trailing twelve months stood at 46.76. Turning to its 52-week performance, $2.77 and $1.01 were the 52-week high and 52-week low respectively. Overall, OLPX moved 3.79% over the past month.
Olaplex Holdings Inc’s market cap currently stands at around $912.09 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03.
Analysts have a consensus estimate of 93.82M for the company’s revenue for the quarter, with a low and high estimate of 92M and 95M respectively. The average forecast suggests down to a -5.14% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 418.4M, representing a -1.01% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OLPX is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend OLPX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
OLPX’s current price about 10.93% and 2.92% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.90, while 7-day volatility ratio is 5.35% and 7.47% in the 30-day chart. Further, Olaplex Holdings Inc (OLPX) has a beta value of 2.37, and an average true range (ATR) of 0.08. Analysts have given the company’s stock an average 52-week price target of $1.85, forecast between a low of $1.7 and high of $2. Looking at the price targets, the low is -24.09% off current price level while to achieve the yearly target high, price needs to move -45.99%. Nonetheless, investors will most likely welcome a -35.04% jump to $1.85 which is the analysts’ median price.
If we refocus on Olaplex Holdings Inc (NASDAQ:OLPX), historical trading data shows that trading volumes averaged 0.7 over the past 10 days and 1.54 million over the past 3 months. The company’s latest data on shares outstanding shows there are 664.22 million shares.
The 81.61% of Olaplex Holdings Inc’s shares are in the hands of company insiders while institutional holders own 19.64% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.9 million on 2025-04-15, giving us a short ratio of 5.24. The data shows that as of 2025-04-15 short interest in Olaplex Holdings Inc (OLPX) stood at 773.9999999999999 of shares outstanding, with shares short falling to 13.1 million registered in 2025-03-14. Current price change has pushed the stock -20.81% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OLPX stock continues to rise going into the next quarter.
