Telsey Advisory Group reiterated their market perform rating on shares of Olaplex (NASDAQ:OLPX – Free Report) in a report issued on Tuesday, MarketBeat.com reports. They currently have a $2.00 price target on the stock. Telsey Advisory Group also issued estimates for Olaplex’s Q4 2024 earnings at $0.04 EPS and FY2025 earnings at $0.17 EPS.
Olaplex Price Performance
Olaplex stock traded down $0.08 during mid-day trading on Tuesday, reaching $1.89. 1,865,655 shares of the company were exchanged, compared to its average volume of 2,176,628. The company has a fifty day simple moving average of $1.77 and a 200-day simple moving average of $1.79. The firm has a market cap of $1.25 billion, a PE ratio of 27.36 and a beta of 2.42. The company has a debt-to-equity ratio of 0.76, a current ratio of 10.71 and a quick ratio of 9.12. Olaplex has a 12 month low of $1.19 and a 12 month high of $2.98.
Olaplex (NASDAQ:OLPX – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. 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 business had revenue of $103.90 million during the quarter, compared to the consensus estimate of $103.65 million. During the same quarter in the previous year, the firm earned $0.03 earnings per share. Olaplex’s revenue for the quarter was down 4.9% compared to the same quarter last year. As a group, equities research analysts expect that Olaplex will post 0.14 earnings per share for the current fiscal year.
Institutional Trading of Olaplex
About Olaplex
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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