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The closing price of Olaplex Holdings Inc (NASDAQ: OLPX) was $2.10 for the day, up 8.81% from the previous closing price of $1.93. In other words, the price has increased by $8.81 from its previous closing price. On the day, 1.7 million shares were traded. OLPX stock price reached its highest trading level at $2.11 during the session, while it also had its lowest trading level at $1.915.
Ratios:
Our analysis of OLPX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 18 ’24 when BILBREY JOHN P bought 51,697 shares for $1.75 per share. The transaction valued at 90,470 led to the insider holds 318,418 shares of the business.
BILBREY JOHN P bought 25,128 shares of OLPX for $44,225 on Nov 15 ’24. The Director now owns 266,721 shares after completing the transaction at $1.76 per share. On Nov 08 ’24, another insider, Baldwin Amanda, who serves as the Chief Executive Officer of the company, bought 43,000 shares for $1.73 each. As a result, the insider paid 74,390 and bolstered with 3,205,055 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 1392138240 and an Enterprise Value of 1505098880. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.97, and their Forward P/E ratio for the next fiscal year is 18.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 3.471 whereas that against EBITDA is 10.742.
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 2.78%, while the 200-Day Moving Average is calculated to be 12.66%.
Shares Statistics:
OLPX traded an average of 2.95M shares per day over the past three months and 2199090 shares per day over the past ten days. A total of 662.48M shares are outstanding, with a floating share count of 126.53M. Insiders hold about 80.91% of the company’s shares, while institutions hold 19.26% stake in the company. Shares short for OLPX as of 1731628800 were 10082511 with a Short Ratio of 3.41, compared to 1728950400 on 9742028. Therefore, it implies a Short% of Shares Outstanding of 10082511 and a Short% of Float of 7.26.
