Olaplex Holdings Inc (NASDAQ: OLPX) is -20.47% lower on its value in year-to-date trading and has touched a low of $1.19 and a high of $2.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OLPX stock was last observed hovering at around $2.08 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $2.02, the stock is 3.05% and 13.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -2.88% at the moment leaves the stock 6.83% off its SMA200. OLPX registered -25.46% loss for a year compared to 6-month loss of -5.61%.
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The stock witnessed a 16.76% gain in the last 1 month and extending the period to 3 months gives it a 24.69%, and is 18.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.28% over the week and 11.21% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.34B and $438.12M in sales. Current P/E ratio is 28.25 and Fwd P/E is 12.02. Profit margin for the company is 10.95%. Distance from 52-week low is 69.75% and -32.21% from its 52-week high. The company has generated returns on investments over the last 12 months (3.18%).
The EPS is expected to shrink by -13.07% this year.
Olaplex Holdings Inc (OLPX) Top Institutional Holders
219.0 institutions hold shares in Olaplex Holdings Inc (OLPX), with institutional investors hold 99.15% of the company’s shares. The shares outstanding are 660.73M, and float is at 128.18M with Short Float at 10.30%. Institutions hold 97.73% of the Float.
The top institutional shareholder in the company is ADVENT INTERNATIONAL CORP/MA with over 499.47 million shares valued at $$958.98 million. The investor’s holdings represent 76.3022 of the OLPX Shares outstanding. As of 2024-03-31, the second largest holder is PACER ADVISORS, INC. with 13.86 million shares valued at $$26.61 million to account for 2.1176 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 11.94 million shares representing 1.8233 and valued at over $$22.92 million, while FMR LLC holds 1.282 of the shares totaling 8.39 million with a market value of $$16.11 million.
Olaplex Holdings Inc (OLPX) Insider Activity
The most recent transaction is an insider sale by Belhumeur Kristi A,the company’sSenior VP of Accounting. SEC filings show that Belhumeur Kristi A sold 42,480 shares of the company’s common stock on May 03 ’24 at a price of $1.68 per share for a total of $71366.0. Following the sale, the insider now owns 0.29 million shares.
Olaplex Holdings Inc disclosed in a document filed with the SEC on Sep 15 ’23 that BILBREY JOHN P (Director) bought a total of 8,100 shares of the company’s common stock. The trade occurred on Sep 15 ’23 and was made at $2.29 per share for $18549.0. Following the transaction, the insider now directly holds 58100.0 shares of the OLPX stock.
