Does Olaplex Holdings Inc (OLPX) offer a good opportunity for investors?

With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.91 million shares. During the session, the Specialty Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $2.09 whereas the lowest price it dropped to was $1.98. The 52-week range on OLPX shows that it touched its highest point at $2.98 and its lowest point at $1.19 during that stretch. It currently has a 1-year price target of $2.21. Beta for the stock currently stands at 2.47.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLPX was down-trending over the past week, with a drop of -6.94%, but this was up by 14.86% over a month. Three-month performance dropped to -23.28% while six-month performance rose 21.08%. The stock lost -15.55% in the past year, while it has lost -20.87% so far this year. A look at the trailing 12-month EPS for OLPX yields 0.06 with Next year EPS estimates of 0.11. For the next quarter, that number is 0.01. This implies an EPS growth rate of -30.97% for this year and 1.53% for next year. EPS is expected to grow by 6.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.81%.

Float and Shares Shorts:

At present, 662.48 million OLPX shares are outstanding with a float of 127.29 million shares on hand for trading. On 2024-11-29, short shares totaled 10.29 million, which was 155.0 higher than short shares on 1730332800. In addition to Mr. John Paul Bilbrey as the firm’s Executive Chair of the Board, Ms. Amanda G. Baldwin serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.9832 of OLPX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OLPX reported revenue of $119080000.0 and operating income of $27996000.0. The EBITDA in the recently reported quarter was $48727000.0 and diluted EPS was $0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLPX since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OLPX analysts setting a high price target of 5.0 and a low target of 1.5, the average target price over the next 12 months is 2.20625. Based on these targets, OLPX could surge 148.76% to reach the target high and fall by -25.37% to reach the target low. Reaching the average price target will result in a growth of 9.76% from current levels.

Analysts have provided yearly estimates in a range of $0.12264 being high and $0.10034 being low. For OLPX, this leads to a yearly average estimate of $0.11037. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.03.