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After finishing at $2.18 in the prior trading day, Olaplex Holdings Inc (NASDAQ: OLPX) closed at $2.09, down -4.13%. In other words, the price has decreased by -$4.13 from its previous closing price. On the day, 1.6 million shares were traded. OLPX stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $2.04.
Ratios:
Our goal is to gain a better understanding of OLPX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.56. For the most recent quarter (mrq), Quick Ratio is recorded 7.85 and its Current Ratio is at 9.27. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 16 ’24 when Tiziani Eric sold 25,086 shares for $1.35 per share. The transaction valued at 33,866 led to the insider holds 844,786 shares of the business.
Belhumeur Kristi A sold 13,423 shares of OLPX for $24,833 on Apr 02 ’24. The Senior VP of Accounting now owns 323,610 shares after completing the transaction at $1.85 per share. On Apr 16 ’24, another insider, Belhumeur Kristi A, who serves as the Senior VP of Accounting of the company, sold 6,260 shares for $1.35 each. As a result, the insider received 8,451 and left with 317,350 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 1383548672 and an Enterprise Value of 1528296960. As of this moment, Olaplex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.23, and their Forward P/E ratio for the next fiscal year is 12.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.488 whereas that against EBITDA is 10.265.
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 12.48%, while the 200-Day Moving Average is calculated to be 8.80%.
Shares Statistics:
The stock has traded on average 2.62M shares per day over the past 3-months and 2495020 shares per day over the last 10 days, according to various share statistics. A total of 660.73M shares are outstanding, with a floating share count of 126.33M. Insiders hold about 80.81% of the company’s shares, while institutions hold 18.67% stake in the company. Shares short for OLPX as of 1723680000 were 14434405 with a Short Ratio of 5.51, compared to 1721001600 on 12357115. Therefore, it implies a Short% of Shares Outstanding of 14434405 and a Short% of Float of 10.459999999999999.
