In today’s recent session, 0.54 million shares of the Olaplex Holdings Inc (NASDAQ:OLPX) have been traded, and its beta is 2.32. Most recently the company’s share price was $1.68, and it changed around $0.0 or 0.30% from the last close, which brings the market valuation of the company to $1.12B. OLPX at last check was trading at a discount to its 52-week high of $2.77, offering almost -64.88% off that amount. The share price’s 52-week low was $1.19, which indicates that the recent value has risen by an impressive 29.17% since then.
Olaplex Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.22. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 9 recommended OLPX as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight. Olaplex Holdings Inc is expected to report earnings per share of 0.02 for the current quarter.
Olaplex Holdings Inc (NASDAQ:OLPX) trade information
Instantly OLPX has been showing a green trend so far today with a performance of 0.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.7200 on recent trading dayincreased the stock’s daily price by 2.33%. The company’s shares are currently down -2.60% year-to-date, but still up 13.85% over the last five days. On the other hand, Olaplex Holdings Inc (NASDAQ:OLPX) is 11.59% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 16.0% from its current value. Analyst projections state that OLPX is forecast to be at a low of $2 and a high of $2.
Olaplex Holdings Inc (OLPX) estimates and forecasts
The year-over-year growth rate is expected to be -1.78%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 92.79M in revenue for the current quarter. 6 analysts expect Olaplex Holdings Inc to make 100.52M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 98.91M and 103.94M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -6.19%. Forecasts for the next quarter put sales growth at -3.29%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.81%. Olaplex Holdings Inc earnings are expected to increase by -31.82% in 2025, but the outlook is negative -8.84% per year for the next five years.
Olaplex Holdings Inc (NASDAQ:OLPX)’s Major holders
PACER ADVISORS, INC., with 2.975% or 19.69 million shares worth $30.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Price (T.Rowe) Small-Cap Value Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 4.01 shares worth $6.81 million, making up 0.60% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 3.84 shares worth around $6.52 million, which represents about 0.58% of the total shares outstanding.
