Market cap of Olaplex Holdings Inc. [OLPX] reaches 3.75B – now what?

Olaplex Holdings Inc. [NASDAQ: OLPX] stock went on an upward path that rose over 6.89% on Monday, amounting to a one-week price increase of more than 16.12%. The company report on November 23, 2022 that Olaplex Holdings, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference on December 7, 2022.


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JuE Wong, Chief Executive Officer, and Eric Tiziani, Chief Financial Officer, will participate in a fireside chat on Wednesday, December 7, 2022 at 1:00pm ET. The Company’s management team will meet with investors during the conference. The audio portion of the fireside chat will be available on the Company’s Investor Relations website, https://ir.olaplex.com/, and will remain there for 180 days following the event.

Over the last 12 months, OLPX stock dropped by -75.89%. The one-year Olaplex Holdings Inc. stock forecast points to a potential upside of 29.16. The average equity rating for OLPX stock is currently 2.80, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $3.75 billion, with 649.10 million shares outstanding and 647.22 million shares in the current float. Compared to the average trading volume of 4.05M shares, OLPX stock reached a trading volume of 7967250 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Olaplex Holdings Inc. [OLPX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OLPX shares is $8.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OLPX stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Canaccord Genuity have made an estimate for Olaplex Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 17, 2022. The new note on the price target was released on October 19, 2022, representing the official price target for Olaplex Holdings Inc. stock. Previously, the target price had yet another drop from $13 to $6.50, while Morgan Stanley kept a Equal-Weight rating on OLPX stock. On October 19, 2022, analysts decreased their price target for OLPX shares from 16 to 8.

The Average True Range (ATR) for Olaplex Holdings Inc. is set at 0.37, with the Price to Sales ratio for OLPX stock in the period of the last 12 months amounting to 5.07. The Price to Book ratio for the last quarter was 5.26, with the Price to Cash per share for the same quarter was set at 0.40. Price to Free Cash Flow for OLPX in the course of the last twelve months was 14.93 with Quick ratio for the last quarter at 3.90.

OLPX Stock Performance Analysis:

Olaplex Holdings Inc. [OLPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.12. With this latest performance, OLPX shares gained by 11.01% in over the last four-week period, additionally sinking by -56.47% over the last 6 months – not to mention a drop of -75.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OLPX stock in for the last two-week period is set at 61.12, with the RSI for the last a single of trading hit 68.14, and the three-weeks RSI is set at 54.67 for Olaplex Holdings Inc. [OLPX]. The present Moving Average for the last 50 days of trading for this stock 5.27, while it was recorded at 5.61 for the last single week of trading, and 11.67 for the last 200 days.

Insight into Olaplex Holdings Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Olaplex Holdings Inc. [OLPX] shares currently have an operating margin of +59.64 and a Gross Margin at +72.37. Olaplex Holdings Inc.’s Net Margin is presently recorded at +36.90.

Return on Equity for this stock inclined to 41.86, with Return on Assets sitting at 15.22.

Olaplex Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.90 and a Current Ratio set at 5.60.

OLPX Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OLPX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Olaplex Holdings Inc. go to 27.90%.

Olaplex Holdings Inc. [OLPX] Insider Position Details

There are presently around $3,595 million, in the hands of institutional investors. The top three institutional holders of OLPX stocks are: ADVENT INTERNATIONAL CORP/MA with ownership of 499,468,771, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; FMR LLC, holding 26,528,080 shares of the stock with an approximate value of $160.5 million in OLPX stocks shares; and VANGUARD GROUP INC, currently with $52.81 million in OLPX stock with ownership of nearly 6.569% of the company’s market capitalization.

95 institutional holders increased their position in Olaplex Holdings Inc. [NASDAQ:OLPX] by around 21,238,394 shares. Additionally, 94 investors decreased positions by around 34,215,672 shares, while 25 investors held positions by with 538,737,667 shares. The mentioned changes placed institutional holdings at 594,191,733 shares, according to the latest SEC report filing. OLPX stock had 34 new institutional investments in for a total of 7,519,330 shares, while 33 institutional investors sold positions of 11,869,262 shares during the same period.

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