The price of ODDITY Tech Ltd. (NASDAQ: ODD) closed at $36.65 in the last session, up 0.77% from day before closing price of $36.37. On the day, 763914 shares were traded.
Ratios:
We take a closer look at ODD’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 63.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 93.34. 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 2.08B and an Enterprise Value of 1.98B. As of this moment, ODDITY’s Price-to-Earnings (P/E) ratio for their current fiscal year is 128.60, and their Forward P/E ratio for the next fiscal year is 25.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.00 while its Price-to-Book (P/B) ratio in mrq is 26.51. Its current Enterprise Value per Revenue stands at 3.89 whereas that against EBITDA is 23.84.
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 42.57, while the 200-Day Moving Average is calculated to be 39.55.
Shares Statistics:
According to the various share statistics, ODD traded on average about 898.04K shares per day over the past 3-months and 1.21M shares per day over the past 10 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 38.91% stake in the company. Shares short for ODD as of Mar 15, 2024 were 3.09M with a Short Ratio of 3.44, compared to 2.46M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.43% and a Short% of Float of 15.97%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. 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
According to 4 analysts, the current quarter’s revenue is expected to be $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.
