Olaplex Holdings Inc (NASDAQ: OLPX) is -8.27% 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 $2.29 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $2.33, the stock is 2.69% and 11.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.71 million and changing 1.75% at the moment leaves the stock 20.19% off its SMA200. OLPX registered 12.56% gain for a year compared to 6-month gain of 33.91%. The firm has a 50-day simple moving average (SMA 50) of $2.1001 and a 200-day simple moving average (SMA200) of $1.937475.
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The stock witnessed a -2.10% loss in the last 1 month and extending the period to 3 months gives it a 47.47%, and is -6.05% down 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 10.26% over the week and 7.11% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.54B and $438.12M in sales. Current P/E ratio is 32.59 and Fwd P/E is 13.84. Profit margin for the company is 10.95%. Distance from 52-week low is 95.80% and -21.81% from its 52-week high. The company has generated returns on investments over the last 12 months (3.18%).
with sales reaching $126.24M over the same period.The EPS is expected to shrink by -13.30% this year, but quarterly earnings will post -2.70% year-over-year. Quarterly sales are estimated to grow 2.20% in year-over-year returns.
Olaplex Holdings Inc (OLPX) Top Institutional Holders
225.0 institutions hold shares in Olaplex Holdings Inc (OLPX), with institutional investors hold 99.32% of the company’s shares. The shares outstanding are 660.73M, and float is at 126.47M with Short Float at 13.63%. Institutions hold 97.75% of the Float.
The top institutional shareholder in the company is ADVENT INTERNATIONAL CORP/MA with over 499.47 million shares valued at $769.18 million. The investor’s holdings represent 75.583% of the OLPX Shares outstanding. As of 2024-06-30, the second largest holder is PACER ADVISORS, INC. with 19.69 million shares valued at $30.32 million to account for 2.9791 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.39 million shares representing 2.0256% and valued at over $20.61 million, while BLACKROCK INC. holds 1.6375 of the shares totaling 10.82 million with a market value of $16.66 million.
Olaplex Holdings Inc (OLPX) Insider Activity
The most recent transaction is an insider sale by Tiziani Eric, the company’s Chief Financial Officer. SEC filings show that Tiziani Eric sold 25,086 shares of the company’s common stock on Apr 16 ’24 at a price of $1.35 per share for a total of $33866.0. Following the sale, the insider now owns 0.84 million shares.
Olaplex Holdings Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Belhumeur Kristi A (Senior VP of Accounting) sold a total of 13,423 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $1.85 per share for $24833.0. Following the transaction, the insider now directly holds 0.32 million shares of the OLPX stock.
Still, SEC filings show that on Apr 16 ’24, Belhumeur Kristi A (Senior VP of Accounting) disposed off 6,260 shares at an average price of $1.35 for $8451.0. The insider now directly holds 317,350 shares of Olaplex Holdings Inc (OLPX).
