Olaplex Holdings Inc (NASDAQ:OLPX) price on Thursday, April 10, fall -0.81% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.23.
A look at the stock’s price movement, the close in the last trading session was $1.24, moving within a range at $1.195 and $1.27. The beta value (5-Year monthly) was 2.388 while the PE ratio in trailing twelve months stood at 41.98. Turning to its 52-week performance, $2.77 and $1.01 were the 52-week high and 52-week low respectively. Overall, OLPX moved -13.38% over the past month.
Olaplex Holdings Inc’s market cap currently stands at around $817.48 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03.
Analysts have a consensus estimate of 93.82M for the company’s revenue for the quarter, with a low and high estimate of 92M and 95M respectively. The average forecast suggests down to a -5.14% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 418.4M, representing a -1.01% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OLPX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend OLPX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
OLPX’s current price about -2.44% and -11.78% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.32, while 7-day volatility ratio is 11.51% and 7.46% in the 30-day chart. Further, Olaplex Holdings Inc (OLPX) has a beta value of 2.35, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $1.85, forecast between a low of $1.7 and high of $2. Looking at the price targets, the low is -38.21% off current price level while to achieve the yearly target high, price needs to move -62.6%. Nonetheless, investors will most likely welcome a -50.41% jump to $1.85 which is the analysts’ median price.
If we refocus on Olaplex Holdings Inc (NASDAQ:OLPX), historical trading data shows that trading volumes averaged 2.43 over the past 10 days and 1.61 million over the past 3 months. The company’s latest data on shares outstanding shows there are 664.22 million shares.
The 81.61% of Olaplex Holdings Inc’s shares are in the hands of company insiders while institutional holders own 19.88% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.1 million on 2025-03-14, giving us a short ratio of 8.55. The data shows that as of 2025-03-14 short interest in Olaplex Holdings Inc (OLPX) stood at 932.0 of shares outstanding, with shares short rising to 12.94 million registered in 2025-02-14. Current price change has pushed the stock -28.90% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OLPX stock continues to rise going into the next quarter.
