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The closing price of ODDITY Tech Ltd. (NASDAQ: ODD) was $32.55 for the day, up 1.12% from the previous closing price of $32.19. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.56 million shares were traded. ODD stock price reached its highest trading level at $33.19 during the session, while it also had its lowest trading level at $31.535.
Ratios:
Our analysis of ODD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.90. 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 this company, Evercore ISI on April 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $57.
On October 04, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $60 to $37.
Truist Upgraded its Hold to Buy on October 03, 2023, while the target price for the stock was maintained at $54.
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 1830537088 and an Enterprise Value of 1747878272. As of this moment, ODDITY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 114.21, and their Forward P/E ratio for the next fiscal year is 22.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.32 while its Price-to-Book (P/B) ratio in mrq is 23.54. Its current Enterprise Value per Revenue stands at 3.436 whereas that against EBITDA is 17.423.
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 -18.61%, while the 200-Day Moving Average is calculated to be -16.86%.
Shares Statistics:
ODD traded an average of 924.38K shares per day over the past three months and 625180 shares per day over the past ten days. A total of 45.32M shares are outstanding, with a floating share count of 24.97M. Insiders hold about 56.09% of the company’s shares, while institutions hold 39.34% stake in the company. Shares short for ODD as of 1713139200 were 5156770 with a Short Ratio of 5.58, compared to 1710460800 on 3085802. Therefore, it implies a Short% of Shares Outstanding of 5156770 and a Short% of Float of 26.69.
Earnings Estimates
A comprehensive evaluation of ODDITY Tech Ltd. (ODD) is underway, with the input of 5 analysts contributing to its current rating.On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.48, while EPS last year was $0.21. 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 $1.53 and $1.48 for the fiscal current year, implying an average EPS of $1.51. EPS for the following year is $1.59, with 5.0 analysts recommending between $1.67 and $1.52.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $206M to a low estimate of $203.81M. As of the current estimate, ODDITY Tech Ltd.’s year-ago sales were $94.47MFor the next quarter, 5 analysts are estimating revenue of $186.51M. There is a high estimate of $188M for the next quarter, whereas the lowest estimate is $184.6M.
A total of 7 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 $627.08M. In the same quarter a year ago, actual revenue was $508.69MBased 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.
