Rip Road Capital Partners LP acquired a new stake in ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 58,094 shares of the company's stock, valued at approximately $2,513,000. ODDITY Tech accounts for approximately 2.8% of Rip Road Capital Partners LP's holdings, making the stock its 13th largest position. Rip Road Capital Partners LP owned about 0.10% of ODDITY Tech as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently added to or reduced their stakes in ODD. Wells Fargo & Company MN boosted its position in ODDITY Tech by 17.6% in the 4th quarter. Wells Fargo & Company MN now owns 2,999 shares of the company's stock valued at $126,000 after buying an additional 449 shares during the period. Raymond James Financial Inc. purchased a new stake in ODDITY Tech in the 4th quarter valued at about $467,000. Northern Trust Corp boosted its position in ODDITY Tech by 121.9% in the 4th quarter. Northern Trust Corp now owns 64,679 shares of the company's stock valued at $2,718,000 after buying an additional 35,533 shares during the period. BNP Paribas Financial Markets purchased a new stake in ODDITY Tech in the 4th quarter valued at about $3,956,000. Finally, Centiva Capital LP boosted its position in ODDITY Tech by 49.5% in the 4th quarter. Centiva Capital LP now owns 14,389 shares of the company's stock valued at $605,000 after buying an additional 4,765 shares during the period. 35.88% of the stock is owned by hedge funds and other institutional investors.
ODDITY Tech Stock Down 0.1%
Shares of NASDAQ:ODD traded down $0.05 during trading hours on Tuesday, hitting $63.63. The company's stock had a trading volume of 312,182 shares, compared to its average volume of 473,257. ODDITY Tech Ltd. has a 52 week low of $32.71 and a 52 week high of $79.18. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.32 and a quick ratio of 5.57. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 35.35, a P/E/G ratio of 3.03 and a beta of 3.25. The firm's fifty day moving average price is $65.82 and its 200 day moving average price is $59.49.
ODDITY Tech (NASDAQ:ODD - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.88 by $0.04. The firm had revenue of $241.14 million during the quarter, compared to analyst estimates of $237.44 million. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. ODDITY Tech's revenue was up 25.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.82 EPS. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, research analysts expect that ODDITY Tech Ltd. will post 1.62 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on ODD shares. JPMorgan Chase & Co. boosted their price objective on shares of ODDITY Tech from $63.00 to $85.00 and gave the company an "overweight" rating in a research report on Tuesday, June 3rd. Bank of America boosted their price objective on shares of ODDITY Tech from $68.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, June 27th. JMP Securities boosted their price target on shares of ODDITY Tech from $72.00 to $80.00 and gave the company a "market outperform" rating in a report on Tuesday, August 5th. Morgan Stanley boosted their price target on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Finally, Needham & Company LLC assumed coverage on shares of ODDITY Tech in a report on Thursday, August 28th. They issued a "buy" rating and a $72.00 price target for the company. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, ODDITY Tech presently has an average rating of "Moderate Buy" and an average price target of $74.56.
View Our Latest Analysis on ODD
ODDITY Tech Company Profile
(
Free Report)
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.
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