As of close of business last night, Olaplex Holdings Inc’s stock clocked out at $1.44, down -3.36% from its previous closing price of $1.49. On the day, 2107036 shares were traded.
Ratios:
To gain a deeper understanding of OLPX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.37. For the most recent quarter (mrq), Quick Ratio is recorded 9.21 and its Current Ratio is at 10.92. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.
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 the company, Piper Sandler on March 19, 2024, Upgraded its rating to Neutral and sets its target price to $2 from $1.25 previously.
Piper Sandler Downgraded its Neutral to Underweight on August 25, 2023, whereas the target price for the stock was revised from $3 to $2.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 15 ’23 when BILBREY JOHN P bought 8,100 shares for $2.29 per share. The transaction valued at 18,549 led to the insider holds 58,100 shares of the business.
BILBREY JOHN P bought 43,500 shares of OLPX for $114,405 on Aug 15 ’23. The Director now owns 50,000 shares after completing the transaction at $2.63 per share. On Aug 14 ’23, another insider, BILBREY JOHN P, who serves as the Director of the company, bought 6,500 shares for $2.65 each. As a result, the insider paid 17,225 and bolstered with 6,500 shares of the company.
Valuation Measures:
As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.86, and their Forward P/E ratio for the next fiscal year is 8.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 1.13.
Stock Price History:
Over the past 52 weeks, OLPX has reached a high of $4.30, while it has fallen to a 52-week low of $1.35.
Shares Statistics:
A total of 660.73M shares are outstanding, with a floating share count of 130.18M. Insiders hold about 80.30% of the company’s shares, while institutions hold 17.67% stake in the company.
Earnings Estimates
As of right now, LOPX analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $24.66, with high estimates of $76.77 and low estimates of $1.44.
