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The price of Olaplex Holdings Inc (NASDAQ: OLPX) closed at $1.79 in the last session, up 11.18% from day before closing price of $1.61. In other words, the price has increased by $11.18 from its previous closing price. On the day, 1.73 million shares were traded. OLPX stock price reached its highest trading level at $1.81 during the session, while it also had its lowest trading level at $1.63.
Ratios:
We take a closer look at OLPX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.87. For the most recent quarter (mrq), Quick Ratio is recorded 9.12 and its Current Ratio is at 10.71. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on March 19, 2024, Upgraded its rating to Neutral and sets its target price to $2 from $1.25 previously.
Piper Sandler Downgraded its Neutral to Underweight on August 25, 2023, whereas the target price for the stock was revised from $3 to $2.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 03 ’24 when Belhumeur Kristi A sold 42,480 shares for $1.68 per share. The transaction valued at 71,366 led to the insider holds 294,553 shares of the business.
BILBREY JOHN P bought 8,100 shares of OLPX for $18,549 on Sep 15 ’23. The Director now owns 58,100 shares after completing the transaction at $2.29 per share. On Aug 15 ’23, another insider, BILBREY JOHN P, who serves as the Director of the company, bought 43,500 shares for $2.63 each. As a result, the insider paid 114,405 and bolstered with 50,000 shares of the company.
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 1184555776 and an Enterprise Value of 1331494272. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.93, and their Forward P/E ratio for the next fiscal year is 10.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.003 whereas that against EBITDA is 8.817.
Stock Price History:
The Beta on a monthly basis for OLPX is 2.42, which has changed by -0.55911326 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, OLPX has reached a high of $4.15, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is 9.65%, while the 200-Day Moving Average is calculated to be -4.07%.
Shares Statistics:
According to the various share statistics, OLPX traded on average about 2.22M shares per day over the past 3-months and 1946800 shares per day over the past 10 days. A total of 660.73M shares are outstanding, with a floating share count of 129.76M. Insiders hold about 80.39% of the company’s shares, while institutions hold 18.12% stake in the company. Shares short for OLPX as of 1719532800 were 9226395 with a Short Ratio of 4.16, compared to 1717113600 on 8426428. Therefore, it implies a Short% of Shares Outstanding of 9226395 and a Short% of Float of 6.7.
