Olaplex Holdings Inc [NASDAQ: OLPX] closed the trading session at $2.09.
The stocks have a year to date performance of -17.72 percent and weekly performance of 2.45 percent. The stock has been moved at 8.85 percent over the last six months. The stock has performed 14.84 percent around the most recent 30 days and changed -2.79 percent over the most recent 3-months.
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If compared to the average trading volume of 2.93M shares, OLPX reached to a volume of 2825546 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $2.21 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 3.20. 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.
Telsey Advisory Group have made an estimate for Olaplex Holdings Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on August 07, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $1.25 to $2. The new note on the price target was released on March 19, 2024, representing the official price target for Olaplex Holdings Inc stock. On August 25, 2023, analysts decreased their price target for OLPX shares from 3 to 2.
The Average True Range (ATR) for Olaplex Holdings Inc is set at 0.13, with the Price to Sales ratio for OLPX stock in the period of the last 12 months amounting to 3.19. The Price to Book ratio for the last quarter was 1.57, with the Price to Cash per share for the same quarter was set at 0.81. Price to Free Cash Flow for OLPX in the course of the last twelve months was 9.78 with Quick ratio for the last quarter at 10.32.
OLPX stock trade performance evaluation
Olaplex Holdings Inc [OLPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.45. With this latest performance, OLPX shares gained by 14.84% in over the last four-week period, additionally plugging by 8.85% over the last 6 months – not to mention a drop of -15.73% 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 57.28, with the RSI for the last a single of trading hit 61.13, and the three-weeks RSI is set at 54.38 for Olaplex Holdings Inc [OLPX]. The present Moving Average for the last 50 days of trading for this stock 2.03, while it was recorded at 2.05 for the last single week of trading, and 1.86 for the last 200 days.
Olaplex Holdings Inc [OLPX]: An insightful look at the core fundamentals
Olaplex Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 10.32 and a Current Ratio set at 11.84.
Earnings per share (EPS) analysis for Olaplex Holdings Inc [OLPX] stock
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 6.10%.
Olaplex Holdings Inc [OLPX]: Institutional Ownership
There are presently around $98.32%, or 99.91%% of OLPX stock, in the hands of institutional investors. The top three institutional holders of OLPX stocks are: ADVENT INTERNATIONAL CORP/MA with ownership of 499.47 million shares, which is approximately 75.583%. PACER ADVISORS, INC., holding 19.69 million shares of the stock with an approximate value of $$30.32 million in OLPX stocks shares; and PACER ADVISORS, INC., currently with $$20.61 million in OLPX stock with ownership which is approximately 2.0256%.
