As of close of business last night, Olaplex Holdings Inc’s stock clocked out at $1.93, down -1.53% from its previous closing price of $1.96. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 3421250 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 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.28. For the most recent quarter (mrq), Quick Ratio is recorded 8.68 and its Current Ratio is at 10.69. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.
On August 25, 2023, Piper Sandler Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $3 to $2.
Canaccord Genuity Downgraded its Buy to Hold on August 11, 2023, whereas the target price for the stock was revised from $5 to $3.
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 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. The Director now owns 50,000 shares after completing the transaction at $2.63 per share. On Aug 14, 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:
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 1.26B and an Enterprise Value of 1.49B. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.25, and their Forward P/E ratio for the next fiscal year is 11.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 3.12 whereas that against EBITDA is 7.76.
Stock Price History:
Over the past 52 weeks, OLPX has reached a high of $5.74, while it has fallen to a 52-week low of $1.35. The 50-Day Moving Average of the stock is 2.2992, while the 200-Day Moving Average is calculated to be 2.6348.
Shares Statistics:
It appears that OLPX traded 2.03M shares on average per day over the past three months and 1.82M shares per day over the past ten days. A total of 650.09M shares are outstanding, with a floating share count of 124.89M. Insiders hold about 80.92% of the company’s shares, while institutions hold 17.77% stake in the company. Shares short for OLPX as of Jan 31, 2024 were 8.39M with a Short Ratio of 4.13, compared to 6.75M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.28% and a Short% of Float of 6.44%.
Earnings Estimates
As of right now, 12 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.03 and a low estimate of $0.02, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.16 and $0.15 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.18, with 11 analysts recommending between $0.27 and $0.15.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $108.78M. It ranges from a high estimate of $111.12M to a low estimate of $105M. As of the current estimate, Olaplex Holdings Inc’s year-ago sales were $130.72M, an estimated decrease of -16.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $113.15M, an increase of 2.70% over than the figure of -$16.80% in the same quarter last year. There is a high estimate of $119.5M for the next quarter, whereas the lowest estimate is $103.9M.
A total of 12 analysts have provided revenue estimates for OLPX’s current fiscal year. The highest revenue estimate was $458M, while the lowest revenue estimate was $452M, resulting in an average revenue estimate of $455.53M. In the same quarter a year ago, actual revenue was $704.27M, down -35.30% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $477.35M in the next fiscal year. The high estimate is $491.3M and the low estimate is $451.5M. The average revenue growth estimate for next year is up 4.80% from the average revenue estimate for this year.
