Olaplex (NASDAQ:OLPX – Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Olaplex to post earnings of $0.02 per share and revenue of $87.51 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Olaplex Price Performance
Shares of NASDAQ OLPX opened at $1.38 on Tuesday. Olaplex has a fifty-two week low of $1.19 and a fifty-two week high of $2.77. The business has a 50 day moving average price of $1.55 and a two-hundred day moving average price of $1.91. The company has a quick ratio of 10.32, a current ratio of 11.84 and a debt-to-equity ratio of 0.73. The firm has a market cap of $914.83 million, a PE ratio of 23.00 and a beta of 2.45.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on OLPX shares. Telsey Advisory Group restated a “market perform” rating and set a $2.00 price objective on shares of Olaplex in a research report on Tuesday, February 25th. Barclays reduced their price objective on Olaplex from $2.00 to $1.50 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Finally, Piper Sandler boosted their price objective on Olaplex from $1.50 to $2.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $2.10.
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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