ODDITY Tech Ltd (NASDAQ: ODD) is 52.05% higher on its value in year-to-date trading and has touched a low of $30.34 and a high of $62.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ODD stock was last observed hovering at around $61.44 in the last trading session, with the day’s gains setting it 2.45%.
Currently trading at $63.89, the stock is 45.55% and 43.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.59 million and changing 3.99% at the moment leaves the stock 51.29% off its SMA200. ODD registered 96.28% gain for a year compared to 6-month gain of 60.93%. The firm has a 50-day simple moving average (SMA 50) of $44.3903 and a 200-day simple moving average (SMA200) of $42.229527.
The stock witnessed a 41.91% loss in the last 1 month and extending the period to 3 months gives it a 36.31%, and is 45.54% 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 9.41% over the week and 8.45% over the month.
ODDITY Tech Ltd (ODD) has around 489 employees, a market worth around $3.57B and $703.49M in sales. Current P/E ratio is 36.82 and Fwd P/E is 28.49. Profit margin for the company is 15.12%. Distance from 52-week low is 110.58% and 2.93% from its 52-week high. The company has generated returns on investments over the last 12 months (30.73%).
with sales reaching $236.42M over the same period.The EPS is expected to grow by 15.07% this year, but quarterly earnings will post 22.92% year-over-year. Quarterly sales are estimated to grow 22.64% in year-over-year returns.
196.0 institutions hold shares in ODDITY Tech Ltd (ODD), with institutional investors hold 109.13% of the company’s shares. The shares outstanding are 44.28M, and float is at 25.29M with Short Float at 17.30%. Institutions hold 91.81% of the Float.
The top institutional shareholder in the company is CATTERTON MANAGEMENT COMPANY, L.L.C. with over 7.64 million shares valued at $299.96 million. The investor’s holdings represent 13.2001 of the ODD Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 6.27 million shares valued at $246.11 million to account for 10.8305 of the shares outstanding. The other top investors are FMR LLC which holds 3.97 million shares representing 6.8537 and valued at over $155.75 million, while FRANKLIN RESOURCES INC holds 4.563 of the shares totaling 2.64 million with a market value of $103.69 million.
ODDITY Tech Ltd (ODD) Insider Activity
Still, SEC filings show that on Dec 10 ’24, Drucker Mann Lindsay (Officer) Proposed Sale 51,206 shares at an average price of $49.55 for $2.54 million. The insider now directly holds shares of ODDITY Tech Ltd (ODD).
