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In the latest session, Olaplex Holdings Inc (NASDAQ: OLPX) closed at $2.25 down -12.79% from its previous closing price of $2.58. In other words, the price has decreased by -$12.79 from its previous closing price. On the day, 24.6 million shares were traded. OLPX stock price reached its highest trading level at $2.54 during the session, while it also had its lowest trading level at $2.165.
Ratios:
For a deeper understanding of Olaplex Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.22. For the most recent quarter (mrq), Quick Ratio is recorded 7.85 and its Current Ratio is at 9.27. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 16 ’24 when Tiziani Eric sold 25,086 shares for $1.35 per share. The transaction valued at 33,866 led to the insider holds 844,786 shares of the business.
Belhumeur Kristi A sold 13,423 shares of OLPX for $24,833 on Apr 02 ’24. The Senior VP of Accounting now owns 323,610 shares after completing the transaction at $1.85 per share. On Apr 16 ’24, another insider, Belhumeur Kristi A, who serves as the Senior VP of Accounting of the company, sold 6,260 shares for $1.35 each. As a result, the insider received 8,451 and left with 317,350 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 1482846464 and an Enterprise Value of 1634214528. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.47, and their Forward P/E ratio for the next fiscal year is 13.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.40 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 3.73 whereas that against EBITDA is 10.976.
Stock Price History:
Over the past 52 weeks, OLPX has reached a high of $2.98, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is 9.18%, while the 200-Day Moving Average is calculated to be 15.90%.
Shares Statistics:
For the past three months, OLPX has traded an average of 2.75M shares per day and 5060500 over the past ten days. A total of 660.73M shares are outstanding, with a floating share count of 126.47M. Insiders hold about 80.89% of the company’s shares, while institutions hold 18.67% stake in the company. Shares short for OLPX as of 1724976000 were 17241766 with a Short Ratio of 6.28, compared to 1722384000 on 13208335. Therefore, it implies a Short% of Shares Outstanding of 17241766 and a Short% of Float of 12.5.
