Telsey Advisory Group reiterated their market perform rating on shares of Olaplex (NASDAQ:OLPX – Free Report) in a research note released on Wednesday, Benzinga reports. They currently have a $2.00 price objective on the stock.
Olaplex Stock Performance
Shares of OLPX stock opened at $1.93 on Wednesday. The stock’s fifty day simple moving average is $1.73 and its 200-day simple moving average is $1.79. The company has a current ratio of 10.71, a quick ratio of 9.12 and a debt-to-equity ratio of 0.76. Olaplex has a 1-year low of $1.19 and a 1-year high of $3.66. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 27.57 and a beta of 2.42.
Olaplex (NASDAQ:OLPX – Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Olaplex had a return on equity of 11.61% and a net margin of 10.91%. The firm had revenue of $98.90 million for the quarter, compared to the consensus estimate of $95.15 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The business’s quarterly revenue was down 13.1% compared to the same quarter last year. On average, sell-side analysts predict that Olaplex will post 0.14 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Olaplex Company Profile
Olaplex Holdings, Inc develops, manufactures, and sells hair care products in the United States and internationally. The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair, as well as oil, moisture mask, and nourishing hair serum. It provides hair care products to professional hair salons, retailers, and everyday consumers.
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