During the last session, ODDITY Tech Ltd (NASDAQ:ODD)’s traded shares were 0.31 million, with the beta value of the company hitting 3.37. At the end of the trading day, the stock’s price was $41.95, reflecting an intraday gain of 3.70% or $1.49. The 52-week high for the ODD share is $51.00, that puts it down -21.57 from that peak though still a striking 27.68% gain since the share price plummeted to a 52-week low of $30.34. The company’s market capitalization is $2.34B, and the average intraday trading volume over the past 10 days was 0.56 million shares, and the average trade volume was 455.84K shares over the past three months.
ODDITY Tech Ltd (ODD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. ODD has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.63.
ODDITY Tech Ltd (NASDAQ:ODD) trade information
ODDITY Tech Ltd (ODD) registered a 3.70% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.70% in intraday trading to $41.95, hitting a weekly high. The stock’s 5-day price performance is 0.72%, and it has moved by -4.11% in 30 days. Based on these gigs, the overall price performance for the year is 19.86%. The short interest in ODDITY Tech Ltd (NASDAQ:ODD) is 4.7 million shares and it means that shorts have 12.67 day(s) to cover.
The consensus price target of analysts on Wall Street is $46, which implies an increase of 8.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $46 and $46 respectively. As a result, ODD is trading at a discount of -9.65% off the target high and -9.65% off the low.
ODDITY Tech Ltd (ODD) estimates and forecasts
In the rating firms’ projections, revenue will increase 21.24% 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 260.66M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 232.54M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 211.63M and 192.77M respectively. In this case, analysts expect current quarter sales to grow by 23.17% and then jump by 20.63% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 67.81%. While earnings are projected to return 7.14% in 2025, the next five years will return 15.66% per annum.
ODD Dividends
ODDITY Tech Ltd is due to release its next quarterly earnings on 2025-Feb-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ODDITY Tech Ltd (NASDAQ:ODD)’s Major holders
ODDITY Tech Ltd insiders own 15.87% of total outstanding shares while institutional holders control 91.81%, with the float percentage being 109.13%. CATTERTON MANAGEMENT COMPANY, L.L.C. is the largest shareholder of the company, while 194.0 institutions own stock in it. As of 2024-06-30, the company held over 7.64 million shares (or 13.2001% of all shares), a total value of $299.96 million in shares.
The next largest institutional holding, with 6.27 million shares, is of BAILLIE GIFFORD & CO’s that is approximately 10.8305% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $246.11 million.
Also, the Mutual Funds coming in first place with the largest holdings of ODDITY Tech Ltd (ODD) shares are SMALLCAP WORLD FUND INC and VANGUARD WORLD FUND-Vanguard U.S. Growth Fund. Data provided on Dec 31, 2024 indicates that SMALLCAP WORLD FUND INC owns about 1.37 shares. This amounts to just over 3.08 percent of the company’s overall shares, with a $57.29 million market value. The same data shows that the other fund manager holds slightly less at 1.28, or about 2.88% of the stock, which is worth about $53.58 million.
