Wall Street analysts expect that Olaplex Holdings, Inc. (NASDAQ:OLPX – Get Rating) will report earnings of $0.11 per share for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Olaplex’s earnings. The highest EPS estimate is $0.12 and the lowest is $0.10. The company is expected to report its next earnings report on Monday, January 1st.
According to Zacks, analysts expect that Olaplex will report full-year earnings of $0.54 per share for the current year, with EPS estimates ranging from $0.53 to $0.56. For the next financial year, analysts expect that the company will post earnings of $0.66 per share, with EPS estimates ranging from $0.60 to $0.68. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow Olaplex.
Olaplex (NASDAQ:OLPX – Get Rating) last posted its quarterly earnings results on Tuesday, March 8th. The company reported $0.10 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.10. The company had revenue of $166.50 million during the quarter, compared to analyst estimates of $157.06 million. The firm’s revenue was up 78.6% compared to the same quarter last year.
Shares of NASDAQ OLPX traded up $0.17 during mid-day trading on Friday, hitting $14.09. The company had a trading volume of 1,983,237 shares, compared to its average volume of 1,653,438. The company has a quick ratio of 3.25, a current ratio of 4.60 and a debt-to-equity ratio of 1.41. The business’s 50-day simple moving average is $15.96 and its 200-day simple moving average is $21.94. Olaplex has a 12 month low of $12.88 and a 12 month high of $30.41.
In other news, CFO Eric Tiziani purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, March 10th. The shares were bought at an average cost of $14.78 per share, with a total value of $295,600.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
A number of large investors have recently modified their holdings of OLPX. UBS Group AG bought a new stake in Olaplex during the 3rd quarter valued at $25,000. Metropolitan Life Insurance Co NY bought a new stake in Olaplex during the 4th quarter valued at about $68,000. Daiwa Securities Group Inc. bought a new stake in Olaplex during the 3rd quarter valued at about $101,000. Penserra Capital Management LLC bought a new stake in Olaplex during the 4th quarter valued at about $127,000. Finally, Natixis Advisors L.P. boosted its holdings in shares of Olaplex by 49.5% during the 4th quarter. Natixis Advisors L.P. now owns 19,658 shares of the company’s stock valued at $573,000 after acquiring an additional 6,508 shares during the last quarter. 89.93% of the stock is owned by institutional investors.
About Olaplex (Get Rating)
Olaplex Holdings, Inc manufactures and sells hair care products. The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair. It provides hair care products to professional hair salons, retailers, and everyday consumers. The company was founded in 2014 and is based in Santa Barbara, California.
- Get a free copy of the StockNews.com research report on Olaplex (OLPX)
- 3 Resilient Stocks to Buy for Retirement
- MarketBeat: Week in Review 4/18 – 4/22
- Tractor Supply Company Reaps What It Sows
- Snap (NYSE: SNAP) Gives Investors A Mixed Bag
- MarketBeat Podcast: 3 Stocks Flashing Buy Signals
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Olaplex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Olaplex and related companies with MarketBeat.com's FREE daily email newsletter.