What Are Analyst Opinions Regarding Olaplex Holdings Inc (OLPX)?

Olaplex Holdings Inc (OLPX) saw an uptrend of 4.00% in the recent trading with $2.08 being its most recent. The current price level -30.20% lower than the highest price of $2.98 marked by the stock while trading over the past 52-weeks, whereas it is 74.79% higher than the lowest price of $1.19 the company dropped to over past 52-weeks. The latest news story on OLPX appeared in (StockStory) under the title “Q3 Earnings Highlights: Medifast (NYSE:MED) Vs The Rest Of The Personal Care Stocks”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -4.94% below one month high and is +51.27% above of the lowest during that time. Looking into the simple moving average, Olaplex Holdings Inc (OLPX)’s stock stands at a SMA-50 of $2.09 while that of 5-day is reading $1.87.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and OLPX’s SMA-200 as of now is $1.87.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.20 for the stock.

Olaplex Holdings Inc Earnings – What Happened With OLPX

Coming around sales and income figures on OLPX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Olaplex Holdings Inc (OLPX) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 3.38% for net revenue.

OLPX – Olaplex Holdings Inc Stock Earnings Estimates

The perspective of Olaplex Holdings Inc (NASDAQ:OLPX)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.03 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.03.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 660.73 million. OLPX does have institutional investors; and they hold 19.26% of the stock.

Olaplex Holdings Inc – Insider Activity and Holdings

As on 2024-06-30, ADVENT INTERNATIONAL CORP/MA was the top most holder in Olaplex Holdings Inc (NASDAQ:OLPX) with an ownership of 499.47 million shares of the company or 75.583 of the stake worth $769.18 million. The filing also reveals PACER ADVISORS, INC. as the second largest holder in the company with a control over 2.9791 of the outstanding shares. Its stake is worth $30.32 million for having 19.69 million shares in hand.

VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 2.0256 of the outstanding shares. With this there are now 229.0 institutions which have possession in OLPX’s shares.

Currently, the stock has been recommended as Hold by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.20 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Olaplex Holdings Inc has a debt to equity ratio of 0.74.

Technical Analysis of Olaplex Holdings Inc (NASDAQ:OLPX) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Olaplex Holdings Inc (OLPX), we notice that the stock’s 20-day average volume is at 2,764,180 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 3,178,840 shares. And to end, OLPX’s 100-day average volume is 2,786,320 shares with 100% of the long-term indicators pointing towards Buy for the stock.