Olaplex Holdings Inc (NASDAQ: OLPX) is -5.78% lower on its value in year-to-date trading and has touched a low of $1.19 and a high of $2.77 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 $1.69 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $1.63, the stock is -14.99% and -14.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing -3.55% at the moment leaves the stock -12.72% off its SMA200. OLPX registered -24.19% loss for a year compared to 6-month gain of 16.43%. The firm has a 50-day simple moving average (SMA 50) of $1.9092 and a 200-day simple moving average (SMA200) of $1.8675.
The stock witnessed a -21.26% loss in the last 1 month and extending the period to 3 months gives it a -28.82%, and is -8.94% 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 5.74% over the week and 5.83% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.04B and $433.65M in sales. Current P/E ratio is 25.59 and Fwd P/E is 14.54. Profit margin for the company is 9.78%. Distance from 52-week low is 36.97% and -41.16% from its 52-week high. The company has generated returns on investments over the last 12 months (2.78%).
with sales reaching $87.51M over the same period.The EPS is expected to shrink by -30.97% this year, but quarterly earnings will post -10.65% year-over-year. Quarterly sales are estimated to shrink -21.67% in year-over-year returns.
Olaplex Holdings Inc (OLPX) Top Institutional Holders
230.0 institutions hold shares in Olaplex Holdings Inc (OLPX), with institutional investors hold 99.85% of the company’s shares. The shares outstanding are 662.48M, and float is at 127.67M with Short Float at 8.04%. Institutions hold 98.32% 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
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Olaplex Holdings Inc disclosed in a document filed with the SEC on Dec 11 ’24 that Baldwin Amanda (Chief Executive Officer) sold a total of 382,555 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $2.10 per share for $0.8 million. Following the transaction, the insider now directly holds 2.82 million shares of the OLPX stock.
Still, SEC filings show that on Nov 18 ’24, BILBREY JOHN P (Director) acquired 51,697 shares at an average price of $1.75 for $90470.0. The insider now directly holds 318,418 shares of Olaplex Holdings Inc (OLPX).
