Olaplex Holdings Inc. (NASDAQ:OLPX) is a stock that investors should take a bite out of.

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

Valuation Measures:

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.

Shares Statistics:

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%.

Earnings Estimates

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.

Revenue Estimates

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.