Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Olaplex Holdings Inc (NASDAQ: OLPX) was $1.50 for the day, down -1.32% from the previous closing price of $1.52. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 1.14 million shares were traded. OLPX stock price reached its highest trading level at $1.538 during the session, while it also had its lowest trading level at $1.47.
Ratios:
Our analysis of OLPX’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 1.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.02. For the most recent quarter (mrq), Quick Ratio is recorded 10.32 and its Current Ratio is at 11.84. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.
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, Telsey Advisory Group on August 07, 2024, Reiterated its Market Perform rating but revised its target price to $3 from $2 previously.
On March 19, 2024, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $1.25 to $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 28 ’25 when Gurwitch Janet bought 30,000 shares for $1.62 per share.
Gurwitch Janet bought 50,000 shares of OLPX for $81,500 on Jan 27 ’25. On Dec 16 ’24, another insider, Gurwitch Janet, who serves as the Director of the company, bought 440,000 shares for $2.00 each.
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 994384512 and an Enterprise Value of 1107345152. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.55, and their Forward P/E ratio for the next fiscal year is 13.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 2.554 whereas that against EBITDA is 7.903.
Stock Price History:
The Beta on a monthly basis for OLPX is 2.44, which has changed by -0.33039647 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, OLPX has reached a high of $2.77, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is -16.37%, while the 200-Day Moving Average is calculated to be -19.28%.
Shares Statistics:
OLPX traded an average of 1.90M shares per day over the past three months and 1012410 shares per day over the past ten days. A total of 662.48M shares are outstanding, with a floating share count of 127.67M. Insiders hold about 80.74% of the company’s shares, while institutions hold 19.44% stake in the company. Shares short for OLPX as of 1736899200 were 12361294 with a Short Ratio of 6.51, compared to 1734048000 on 10267707. Therefore, it implies a Short% of Shares Outstanding of 12361294 and a Short% of Float of 8.8999994.
