Olaplex Holdings Inc (NASDAQ: OLPX) is -11.56% 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 $1.50 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.53, the stock is -1.86% and -14.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 2.00% at the moment leaves the stock -17.70% off its SMA200. OLPX registered -34.05% loss for a year compared to 6-month loss of -30.30%. The firm has a 50-day simple moving average (SMA 50) of $1.7936 and a 200-day simple moving average (SMA200) of $1.85825.
The stock witnessed a -7.83% gain in the last 1 month and extending the period to 3 months gives it a -18.18%, and is -3.77% 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 4.18% over the week and 4.60% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.01B and $433.65M in sales. Current P/E ratio is 24.02 and Fwd P/E is 13.65. Profit margin for the company is 9.78%. Distance from 52-week low is 28.57% and -44.77% from its 52-week high. The company has generated returns on investments over the last 12 months (2.78%).
The EPS is expected to shrink by -33.74% this year
225.0 institutions hold shares in Olaplex Holdings Inc (OLPX), with institutional investors hold 100.03% of the company’s shares. The shares outstanding are 662.48M, and float is at 127.67M with Short Float at 9.68%. Institutions hold 98.49% 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
Still, SEC filings show that on Dec 16 ’24, Gurwitch Janet (Director) Proposed Sale 440,000 shares at an average price of $2.00 for $0.88 million. The insider now directly holds shares of Olaplex Holdings Inc (OLPX).
