In the latest session, Olaplex Holdings Inc. (NASDAQ: OLPX) closed at $3.98 down -1.73% from its previous closing price of $4.05. On the day, 4247474 shares were traded. OLPX stock price reached its highest trading level at $4.1550 during the session, while it also had its lowest trading level at $3.7700.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Ratios:
For a deeper understanding of Olaplex Holdings Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.24. For the most recent quarter (mrq), Quick Ratio is recorded 6.90 and its Current Ratio is at 9.50. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
On November 17, 2022, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $8.
Valuation Measures:
As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.27, and their Forward P/E ratio for the next fiscal year is 11.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 3.32.
Stock Price History:
Over the past 52 weeks, OLPX has reached a high of $18.23, while it has fallen to a 52-week low of $3.80. The 50-Day Moving Average of the stock is 5.6698, while the 200-Day Moving Average is calculated to be 9.6865.
Shares Statistics:
For the past three months, OLPX has traded an average of 2.78M shares per day and 4.25M over the past ten days. A total of 649.48M shares are outstanding, with a floating share count of 647.22M. Shares short for OLPX as of Jan 12, 2023 were 23.95M with a Short Ratio of 22.60M, compared to 21.87M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.69% and a Short% of Float of 19.27%.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.06, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.1, with high estimates of $0.14 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.45 and $0.43 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.41, with 12 analysts recommending between $0.53 and $0.3.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $133.08M this quarter.It ranges from a high estimate of $133.35M to a low estimate of $132.1M. As of the current estimate, Olaplex Holdings Inc.’s year-ago sales were $166.5M, an estimated decrease of -20.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $179.18M, a decrease of -3.80% over than the figure of -$20.10% in the same quarter last year. There is a high estimate of $232.6M for the next quarter, whereas the lowest estimate is $167M.
A total of 13 analysts have provided revenue estimates for OLPX’s current fiscal year. The highest revenue estimate was $707M, while the lowest revenue estimate was $703M, resulting in an average revenue estimate of $705.98M. In the same quarter a year ago, actual revenue was $598.37M, up 18.00% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $732.08M in the next fiscal year. The high estimate is $875.7M and the low estimate is $630.75M. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.
