The stock of Olaplex Holdings Inc (OLPX) has seen a 27.77% increase in the past week, with a 8.80% gain in the past month, and a -0.10% decrease in the past quarter. The volatility ratio for the week is 7.47%, and the volatility levels for the past 30 days are at 6.81% for OLPX. The simple moving average for the past 20 days is 19.35% for OLPX’s stock, with a 17.72% simple moving average for the past 200 days.
Is It Worth Investing in Olaplex Holdings Inc (NASDAQ: OLPX) Right Now?
The price-to-earnings ratio for Olaplex Holdings Inc (NASDAQ: OLPX) is above average at 34.50x. The 36-month beta value for OLPX is also noteworthy at 2.52. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for OLPX is 126.53M, and at present, short sellers hold a 7.26% of that float. The average trading volume of OLPX on November 25, 2024 was 2.91M shares.
OLPX) stock’s latest price update
The stock price of Olaplex Holdings Inc (NASDAQ: OLPX) has jumped by 5.66 compared to previous close of 2.08. Despite this, the company has seen a gain of 27.77% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Olaplex Holdings has shown strong financial performance from 2020 to 2023, with significant growth potential driven by new investments and global distribution expansions. The company is undervalued, currently trading below $2 per share, despite a fair valuation estimate of $7 per share under normal circumstances. Key growth drivers include the Lashbond Building Serum Market, international distributor agreements, and innovation through partnerships with universities and biotech companies.
Analysts’ Opinion of OLPX
Many brokerage firms have already submitted their reports for OLPX stocks, with Telsey Advisory Group repeating the rating for OLPX by listing it as a “Market Perform.” The predicted price for OLPX in the upcoming period, according to Telsey Advisory Group is $3 based on the research report published on August 07, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see OLPX reach a price target of $2, previously predicting the price at $1.25. The rating they have provided for OLPX stocks is “Neutral” according to the report published on March 19th, 2024.
OLPX Trading at 5.57% from the 50-Day Moving Average
After a stumble in the market that brought OLPX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.25% of loss for the given period.
Volatility was left at 6.81%, however, over the last 30 days, the volatility rate increased by 7.47%, as shares surge +3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.93% lower at present.
During the last 5 trading sessions, OLPX rose by +28.78%, which changed the moving average for the period of 200-days by +5.48% in comparison to the 20-day moving average, which settled at $1.84. In addition, Olaplex Holdings Inc saw -13.48% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OLPX starting from BILBREY JOHN P, who purchase 51,697 shares at the price of $1.75 back on Nov 18 ’24. After this action, BILBREY JOHN P now owns 318,418 shares of Olaplex Holdings Inc, valued at $90,470 using the latest closing price.
BILBREY JOHN P, the Director of Olaplex Holdings Inc, purchase 25,128 shares at $1.76 during a trade that took place back on Nov 15 ’24, which means that BILBREY JOHN P is holding 266,721 shares at $44,225 based on the most recent closing price.
Stock Fundamentals for OLPX
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.65 for the gross margin
The net margin for Olaplex Holdings Inc stands at 0.1. The total capital return value is set at 0.05. Equity return is now at value 4.93, with 2.42 for asset returns.
Based on Olaplex Holdings Inc (OLPX), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 1.12.
Currently, EBITDA for the company is 186.77 million with net debt to EBITDA at 0.67. When we switch over and look at the enterprise to sales, we see a ratio of 3.57. The receivables turnover for the company is 12.43for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.84.
Conclusion
In summary, Olaplex Holdings Inc (OLPX) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
