Oddity Tech (ODD) Scheduled to Post Earnings on Tuesday

Oddity Tech (NASDAQ:ODD) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Oddity Tech has set its Q1 guidance at $0.47-$0.50 EPS and its FY24 guidance at $1.49-$1.54 EPS.Investors interested in registering for the company’s conference call can do so using this link.

Oddity Tech (NASDAQ:ODD) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. The firm had revenue of $97.25 million during the quarter, compared to the consensus estimate of $86.38 million. Oddity Tech had a net margin of 11.51% and a return on equity of 26.22%. On average, analysts expect Oddity Tech to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Oddity Tech Stock Down 0.2 %

Shares of NASDAQ:ODD opened at $33.60 on Friday. The company has a market cap of $1.91 billion and a P/E ratio of 32.94. Oddity Tech has a 52 week low of $24.12 and a 52 week high of $56.00. The company has a 50-day moving average price of $39.37 and a 200 day moving average price of $38.68.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ODD. JMP Securities reiterated a “market outperform” rating and set a $66.00 price target on shares of Oddity Tech in a research report on Thursday, March 7th. Barclays reduced their price target on shares of Oddity Tech from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, April 12th. Morgan Stanley lifted their price target on shares of Oddity Tech from $35.00 to $47.00 and gave the company an “equal weight” rating in a research report on Thursday, March 7th. Bank of America lifted their price target on shares of Oddity Tech from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Finally, Evercore ISI assumed coverage on shares of Oddity Tech in a research report on Thursday, April 4th. They set an “outperform” rating and a $57.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Oddity Tech presently has a consensus rating of “Moderate Buy” and an average price target of $53.63.

About Oddity Tech

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.