Should I buy or sell Olaplex stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olaplex in the last twelve months. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" OLPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLPX, but not buy additional shares or sell existing shares. View OLPX analyst ratings or view top-rated stocks .

What is Olaplex's stock price target for 2024?

8 brokers have issued 1 year price targets for Olaplex's stock. Their OLPX share price targets range from $2.00 to $3.25. On average, they predict the company's share price to reach $2.59 in the next year. This suggests a possible upside of 101.1% from the stock's current price. View analysts price targets for OLPX or view top-rated stocks among Wall Street analysts .

How have OLPX shares performed in 2024?

Olaplex's stock was trading at $2.54 at the beginning of the year. Since then, OLPX stock has decreased by 49.2% and is now trading at $1.29. View the best growth stocks for 2024 here .

When is Olaplex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our OLPX earnings forecast .

How were Olaplex's earnings last quarter?

Olaplex Holdings, Inc. (NASDAQ:OLPX) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The firm earned $111.72 million during the quarter, compared to the consensus estimate of $108.29 million. Olaplex had a trailing twelve-month return on equity of 13.09% and a net margin of 13.44%. Olaplex's revenue for the quarter was down 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 earnings per share.

What guidance has Olaplex issued on next quarter's earnings?

Olaplex issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $435.0 million-$463.0 million, compared to the consensus revenue estimate of $477.0 million.

When did Olaplex IPO?

Olaplex (OLPX) raised $1.1 billion in an initial public offering on Thursday, September 30th 2021. The company issued 73,700,000 shares at a price of $14.00-$16.00 per share.

Who are Olaplex's major shareholders?

Olaplex's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sanders Morris Harris LLC (0.05%) and Wedmont Private Capital (0.01%). Insiders that own company stock include Eric Tiziani , John P Bilbrey and Martha A M Morfitt . View institutional ownership trends .

How do I buy shares of Olaplex?

Shares of OLPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:OLPX

Olaplex (OLPX) Stock Price, News & Analysis

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$1.29

-0.09 (-6.52%)

(As of 04/17/2024 ET)

Compare

Today's Range: $1.27
▼
$1.44
50-Day Range: $1.29
▼
$2.27
52-Week Range: $1.27
▼
$4.27

Volume: 1.77 million shs
Average Volume: 2.06 million shs
Market Capitalization: $853.15 million

P/E Ratio: 14.33
Dividend Yield: N/A
Price Target: $2.59

Get Olaplex alerts:

Olaplex MarketRank™ Stock Analysis

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 101.1% Upside
$2.59 Price Target
Short Interest: Healthy
6.33% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.43%
From $0.14 to $0.17 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

Consumer Staples Sector

61st out of 131 stocks

Toilet Preparations Industry

6th out of 13 stocks

3.1

Analyst's Opinion

Consensus Rating
Olaplex has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 1 buy rating, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Olaplex has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
6.33% of the float of Olaplex has been sold short.
Short Interest Ratio / Days to Cover
Olaplex has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Olaplex has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Olaplex does not currently pay a dividend.
Dividend Growth
Olaplex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OLPX.

2.5

News and Social Media Coverage

News Sentiment
Olaplex has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Olaplex this week, compared to 3 articles on an average week.
Search Interest
7 people have searched for OLPX on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Olaplex to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Olaplex insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.10% of the stock of Olaplex is held by insiders.
Percentage Held by Institutions
87.37% of the stock of Olaplex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Olaplex are expected to grow by 21.43% in the coming year, from $0.14 to $0.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Olaplex is 14.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Olaplex is 14.33, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.78.
Price to Book Value per Share Ratio
Olaplex has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Olaplex Stock (NASDAQ:OLPX)

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. The company distributes its products through professional distributors in salons, directly to retailers for sale in their physical stores, e-commerce sites, and its website, Olaplex.com, as well as third party e-commerce platforms. The company was founded in 2014 and is based in Santa Barbara, California.

OLPX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OLPX Stock News Headlines

April 13, 2024 | americanbankingnews.com

Olaplex (NASDAQ:OLPX) Shares Gap Up to $1.48

April 12, 2024 | finance.yahoo.com

Olaplex Holdings' US$178m Market Cap Fall Books Insider Losses

April 17, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 12, 2024 | americanbankingnews.com

Olaplex Holdings, Inc. (NASDAQ:OLPX) Receives Consensus Recommendation of "Hold" from Analysts

April 7, 2024 | americanbankingnews.com

Olaplex (NASDAQ:OLPX) Stock Price Down 6.3%

April 5, 2024 | uk.investing.com

Olaplex CFO steps down, interim successor named

April 5, 2024 | finance.yahoo.com

Why Olaplex (OLPX) Shares Are Trading Lower Today

April 5, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Olaplex Holdings (OLPX), Texas Roadhouse (TXRH) and Yeti Holdings (YETI)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 5, 2024 | finanznachrichten.de

Olaplex Holdings, Inc.: OLAPLEX Announces CFO Transition

April 5, 2024 | markets.businessinsider.com

Olaplex CFO Eric Tiziani To Step Down; Reaffirms Q1 Net Sales Guidance

April 4, 2024 | globenewswire.com

OLAPLEX Announces CFO Transition

March 21, 2024 | businesswire.com

CEO and Public Company Leader JuE Wong (Olaplex Holdings, Elizabeth Arden, Inc.) Joins FireFly Automatix Board of Directors

March 19, 2024 | msn.com

Analyst Upgrade And Fresh Price Target Sent This Stock Soaring

March 15, 2024 | finance.yahoo.com

OLPX Apr 2024 2.000 put

March 4, 2024 | markets.businessinsider.com

Analyst Expectations For Olaplex Hldgs's Future

March 4, 2024 | markets.businessinsider.com

Assessing Olaplex Holdings’ Transitional Phase and Market Performance Outlook

March 3, 2024 | finance.yahoo.com

Olaplex Holdings, Inc. Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next

March 2, 2024 | seekingalpha.com

Olaplex Holdings, Inc. (OLPX) Q4 2023 Earnings Call Transcript

March 2, 2024 | businessinsider.com

The 8 best Olaplex dupes to repair damaged hair

March 1, 2024 | markets.businessinsider.com

Olaplex Holdings: Navigating Transition and External Headwinds with Adjusted Financial Forecasts

March 1, 2024 | finance.yahoo.com

Olaplex Holdings, Inc. (NASDAQ:OLPX) Q4 2023 Earnings Call Transcript

March 1, 2024 | seekingalpha.com

Olaplex Q4: Weak Short-Term Revenues But A Better FY2024 Outlook (Rating Upgrade)

March 1, 2024 | finance.yahoo.com

Olaplex Holdings Full Year 2023 Earnings: EPS Beats Expectations

February 29, 2024 | msn.com

Update: OLPX, February 29

February 29, 2024 | finanznachrichten.de

Olaplex Holdings, Inc.: OLAPLEX Reports Fourth Quarter and Fiscal Year 2023 Results

February 29, 2024 | finance.yahoo.com

Why Olaplex (OLPX) Stock Is Nosediving

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Toilet preparations
Sub-Industry: N/A
Current Symbol: NASDAQ:OLPX
CUSIP: N/A
CIK: 1868726
Web: www.olaplex.com
Phone: 310-691-0776
Fax: N/A
Employees: 233
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.59
High Stock Price Target: $3.25
Low Stock Price Target: $2.00
Potential Upside/Downside: +95.1%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.09
Trailing P/E Ratio: 14.78
Forward P/E Ratio: 9.50
P/E Growth: N/A
Net Income: $61.59 million
Net Margins: 13.44%
Pretax Margin: 16.74%
Return on Equity: 13.09%
Return on Assets: 6.25%

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 10.92
Quick Ratio: 9.21

Sales & Book Value

Annual Sales: $458.30 million
Price / Sales: 1.92
Cash Flow: $0.24 per share
Price / Cash Flow: 5.63
Book Value: $1.29 per share
Price / Book: 1.03

Miscellaneous

Outstanding Shares: 661,360,000
Free Float: 620,452,000
Market Cap: $879.61 million
Optionable: Optionable
Beta: 2.28

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Key Executives

Mr. Eric Tiziani (Age 46)
Chief Financial Officer
Comp: $572.27k
Mr. John Paul Bilbrey (Age 67)
Executive Chair of the Board
Ms. Amanda G. Baldwin (Age 45)
CEO & Director
Ms. Kristi Belhumeur (Age 42)
Senior Vice President of Accounting
Mr. John C. Duffy
General Counsel & Secretary
Ms. Charlotte Watson
Chief Marketing Officer
Ms. Trisha L. Fox (Age 54)
Chief People Officer
Stuart Leitch
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OLPX Stock Analysis - Frequently Asked Questions

Should I buy or sell Olaplex stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olaplex in the last twelve months. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" OLPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OLPX, but not buy additional shares or sell existing shares.
View OLPX analyst ratings or view top-rated stocks.
What is Olaplex's stock price target for 2024?: 8 brokers have issued 1 year price targets for Olaplex's stock. Their OLPX share price targets range from $2.00 to $3.25. On average, they predict the company's share price to reach $2.59 in the next year. This suggests a possible upside of 101.1% from the stock's current price.
View analysts price targets for OLPX or view top-rated stocks among Wall Street analysts.
How have OLPX shares performed in 2024?: Olaplex's stock was trading at $2.54 at the beginning of the year. Since then, OLPX stock has decreased by 49.2% and is now trading at $1.29.
View the best growth stocks for 2024 here.
When is Olaplex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our OLPX earnings forecast.
How were Olaplex's earnings last quarter?: Olaplex Holdings, Inc. (NASDAQ:OLPX) released its quarterly earnings data on Thursday, February, 29th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The firm earned $111.72 million during the quarter, compared to the consensus estimate of $108.29 million. Olaplex had a trailing twelve-month return on equity of 13.09% and a net margin of 13.44%. Olaplex's revenue for the quarter was down 14.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 earnings per share.

What guidance has Olaplex issued on next quarter's earnings?: Olaplex issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $435.0 million-$463.0 million, compared to the consensus revenue estimate of $477.0 million.
When did Olaplex IPO?: Olaplex (OLPX) raised $1.1 billion in an initial public offering on Thursday, September 30th 2021. The company issued 73,700,000 shares at a price of $14.00-$16.00 per share.
Who are Olaplex's major shareholders?: Olaplex's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sanders Morris Harris LLC (0.05%) and Wedmont Private Capital (0.01%). Insiders that own company stock include Eric Tiziani, John P Bilbrey and Martha A M Morfitt.
View institutional ownership trends.
How do I buy shares of Olaplex?: Shares of OLPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OLPX) was last updated on 4/17/2024 by MarketBeat.com Staff

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Olaplex (OLPX) Stock Price, News & Analysis

Olaplex MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Olaplex Stock (NASDAQ:OLPX)

OLPX Stock Price History

OLPX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

OLPX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™