Olaplex Holdings Inc (NASDAQ: OLPX) Stock Dropped -24.14% Over A Month – Is There Any Hope Of A Gain?

During the last session, Olaplex Holdings Inc (NASDAQ:OLPX)’s traded shares were 1.91 million, with the beta value of the company hitting 2.35. At the end of the trading day, the stock’s price was $1.32, reflecting an intraday loss of -2.22% or -$0.03. The 52-week high for the OLPX share is $4.26, that puts it down -222.73 from that peak though still a striking 9.85% gain since the share price plummeted to a 52-week low of $1.19. The company’s market capitalization is $873.00M, and the average trade volume was 2.11 million shares over the past three months.

Olaplex Holdings Inc (NASDAQ:OLPX) trade information

Olaplex Holdings Inc (OLPX) registered a -2.22% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.22% in intraday trading to $1.32, hitting a weekly high. The stock’s 5-day price performance is -2.22%, and it has moved by -24.14% in 30 days. Based on these gigs, the overall price performance for the year is -63.64%.

Olaplex Holdings Inc (OLPX) estimates and forecasts

Statistics show that Olaplex Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Olaplex Holdings Inc (OLPX) shares have gone down -19.02% during the last six months, with a year-to-date growth rate less than the industry average at -12.50% against -4.70. In the rating firms’ projections, revenue will decrease -1.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 95.18M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 105.47M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 110.16M and 131.17M respectively. In this case, analysts expect current quarter sales to shrink by -13.60% and then drop by -19.60% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.81%. While earnings are projected to return -11.66% in 2024.

OLPX Dividends

Olaplex Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Olaplex Holdings Inc (NASDAQ:OLPX)’s Major holders