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 $1.68 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $1.63, the stock is 10.96% and 4.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing -2.98% at the moment leaves the stock -12.25% off its SMA200. OLPX registered -10.44% loss for a year compared to 6-month loss of -22.01%.
The stock witnessed a 7.95% gain in the last 1 month and extending the period to 3 months gives it a -15.54%, and is 10.14% 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 8.15% over the week and 5.38% over the month.
Olaplex Holdings Inc (OLPX) has around 233 employees, a market worth around $1.08B and $422.67M in sales. Current P/E ratio is 55.63 and Fwd P/E is 21.54. Profit margin for the company is 4.62%. 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 (1.29%).
The EPS is expected to shrink by -31.94% this year
The shares outstanding are 664.22M, and float is at 126.80M with Short Float at 10.21%.
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 75.4787 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 2.975 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
A total of 0 insider transactions have happened at Olaplex Holdings Inc (OLPX) in the last six months, with sales accounting for 0 and purchases happening 0 times.
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).
