As of close of business last night, Olaplex Holdings Inc.’s stock clocked out at $3.46, up 1.76% from its previous closing price of $3.40. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 1424930 shares were traded. OLPX stock price reached its highest trading level at $3.5800 during the session, while it also had its lowest trading level at $3.3900.
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To gain a deeper understanding of OLPX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.81. For the most recent quarter (mrq), Quick Ratio is recorded 7.40 and its Current Ratio is at 9.70. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLPX now has a Market Capitalization of 2.20B and an Enterprise Value of 2.54B. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.77, and their Forward P/E ratio for the next fiscal year is 10.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 4.01 whereas that against EBITDA is 7.59.
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 $3.25. The 50-Day Moving Average of the stock is 3.8313, while the 200-Day Moving Average is calculated to be 6.7754.
It appears that OLPX traded 2.86M shares on average per day over the past three months and 2.53M shares per day over the past ten days. A total of 651.73M shares are outstanding, with a floating share count of 647.22M. Insiders hold about 0.10% of the company’s shares, while institutions hold 101.78% stake in the company. Shares short for OLPX as of Apr 27, 2023 were 14.13M with a Short Ratio of 14.13M, compared to 16.96M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.17% and a Short% of Float of 11.13%.
As of right now, 12 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.03, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.09, with high estimates of $0.12 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.3 and $0.2 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.32, with 11 analysts recommending between $0.36 and $0.24.
In the current quarter, 10 analysts expect revenue to total $130.57M. It ranges from a high estimate of $151.75M to a low estimate of $117M. As of the current estimate, Olaplex Holdings Inc.’s year-ago sales were $210.9M, an estimated decrease of -38.10% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $165.09M, a decrease of -6.30% over than the figure of -$38.10% in the same quarter last year. There is a high estimate of $194.4M for the next quarter, whereas the lowest estimate is $142M.
A total of 12 analysts have provided revenue estimates for OLPX’s current fiscal year. The highest revenue estimate was $604M, while the lowest revenue estimate was $528M, resulting in an average revenue estimate of $571.5M. In the same quarter a year ago, actual revenue was $704.27M, down -18.90% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $646.95M in the next fiscal year. The high estimate is $695.8M and the low estimate is $574M. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.