Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Olaplex Holdings Inc (NASDAQ: OLPX) closed at $1.75 in the last session, down -2.23% from day before closing price of $1.79. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 0.92 million shares were traded. OLPX stock price reached its highest trading level at $1.835 during the session, while it also had its lowest trading level at $1.73.
Ratios:
We take a closer look at OLPX’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 2.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.01. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when Gurwitch Janet bought 440,000 shares for $2.00 per share.
Baldwin Amanda sold 382,555 shares of OLPX for $803,366 on Dec 11 ’24. The Chief Executive Officer now owns 2,822,500 shares after completing the transaction at $2.10 per share. On Nov 18 ’24, another insider, BILBREY JOHN P, who serves as the Director of the company, bought 51,697 shares for $1.75 each. As a result, the insider paid 90,470 and bolstered with 318,418 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 1160115200 and an Enterprise Value of 1273075840. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.47, and their Forward P/E ratio for the next fiscal year is 15.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 2.936 whereas that against EBITDA is 9.086.
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 -9.72%, while the 200-Day Moving Average is calculated to be -6.37%.
Shares Statistics:
According to the various share statistics, OLPX traded on average about 2.21M shares per day over the past 3-months and 1400980 shares per day over the past 10 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 19.27% stake in the company. Shares short for OLPX as of 1734048000 were 10267707 with a Short Ratio of 4.64, compared to 1731628800 on 10082511. Therefore, it implies a Short% of Shares Outstanding of 10267707 and a Short% of Float of 7.39.
