ODDITY Tech Ltd (NASDAQ: ODD) is 75.71% higher on its value in year-to-date trading and has touched a low of $32.71 and a high of $79.18 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 $73.06 in the last trading session, with the day’s gains setting it 0.95%.
Currently trading at $74.01, the stock is 0.92% and 3.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 1.30% at the moment leaves the stock 46.10% off its SMA200. ODD registered 76.13% gain for a year compared to 6-month gain of 71.44%. The firm has a 50-day simple moving average (SMA 50) of $70.7968 and a 200-day simple moving average (SMA200) of $50.28335.
The stock witnessed a 2.40% loss in the last 1 month and extending the period to 3 months gives it a 77.99%, and is -2.32% 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 4.77% over the week and 4.22% over the month.
ODDITY Tech Ltd (ODD) has around 489 employees, a market worth around $4.13B and $703.49M in sales. Current P/E ratio is 42.65 and Fwd P/E is 32.79. Profit margin for the company is 15.12%. Distance from 52-week low is 126.26% and -6.53% from its 52-week high. The company has generated returns on investments over the last 12 months (30.73%).
The EPS is expected to grow by 15.08% this year
221.0 institutions hold shares in ODDITY Tech Ltd (ODD), with institutional investors hold 96.88% of the company’s shares. The shares outstanding are 44.28M, and float is at 31.07M with Short Float at 17.15%. Institutions hold 93.54% 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.