Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
As of close of business last night, Olaplex Holdings Inc’s stock clocked out at $1.57, down -0.63% from its previous closing price of $1.58. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 1.0 million shares were traded. OLPX stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.56.
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 1.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.35. 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:
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 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 1040789184 and an Enterprise Value of 1153749760. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.65, and their Forward P/E ratio for the next fiscal year is 14.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 2.661 whereas that against EBITDA is 8.234.
Stock Price History:
The Beta on a monthly basis for OLPX is 2.46, which has changed by -0.34439832 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, OLPX has reached a high of $2.77, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is -14.27%, while the 200-Day Moving Average is calculated to be -15.35%.
Shares Statistics:
It appears that OLPX traded 2.02M shares on average per day over the past three months and 1620370 shares per day over the past ten 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 19.29% stake in the company. Shares short for OLPX as of 1735603200 were 11960909 with a Short Ratio of 5.93, compared to 1732838400 on 10294371. Therefore, it implies a Short% of Shares Outstanding of 11960909 and a Short% of Float of 8.61.
