As of close of business last night, ODDITY Tech Ltd.’s stock clocked out at $43.29, down -0.69% from its previous closing price of $43.59. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 1022259 shares were traded.
Ratios:
To gain a deeper understanding of ODD’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 75.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, BofA Securities on October 04, 2023, Upgraded its rating to Buy and sets its target price to $37 from $60 previously.
On October 03, 2023, Truist Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $54.
On August 15, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $60.KeyBanc Capital Markets initiated its Overweight rating on August 15, 2023, with a $60 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ODD now has a Market Capitalization of 2.48B and an Enterprise Value of 2.38B. As of this moment, ODDITY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 151.89, and their Forward P/E ratio for the next fiscal year is 29.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.71 while its Price-to-Book (P/B) ratio in mrq is 31.31. Its current Enterprise Value per Revenue stands at 4.67 whereas that against EBITDA is 28.65.
Stock Price History:
Over the past 52 weeks, ODD has reached a high of $56.00, while it has fallen to a 52-week low of $24.12. The 50-Day Moving Average of the stock is 43.10, while the 200-Day Moving Average is calculated to be 39.50.
Shares Statistics:
It appears that ODD traded 796.12K shares on average per day over the past three months and 1.55M shares per day over the past ten days. A total of 45.32M shares are outstanding, with a floating share count of 24.92M. Insiders hold about 56.18% of the company’s shares, while institutions hold 38.89% stake in the company. Shares short for ODD as of Feb 29, 2024 were 2.85M with a Short Ratio of 3.58, compared to 3.13M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.01% and a Short% of Float of 14.75%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.56, with high estimates of $0.6 and low estimates of $0.53.
Analysts are recommending an EPS of between $1.54 and $1.48 for the fiscal current year, implying an average EPS of $1.52. EPS for the following year is $1.6, with 5 analysts recommending between $1.67 and $1.52.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $204.93M. It ranges from a high estimate of $205.5M to a low estimate of $203.81M. As of the current estimate, ODDITY Tech Ltd.’s year-ago sales were $94.47M, an estimated increase of 116.90% from the year-ago figure.
A total of 6 analysts have provided revenue estimates for ODD’s current fiscal year. The highest revenue estimate was $631M, while the lowest revenue estimate was $622M, resulting in an average revenue estimate of $626.59M. In the same quarter a year ago, actual revenue was $508.69M, up 23.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $752.94M in the next fiscal year. The high estimate is $768.7M and the low estimate is $742M. The average revenue growth estimate for next year is up 20.20% from the average revenue estimate for this year.
