Oddity Tech (ODD) to Release Earnings on Tuesday

Oddity Tech (NASDAQ:ODD - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Oddity Tech to post 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.Persons that are interested in participating in the company's earnings conference call can do so using this link.

Oddity Tech (NASDAQ:ODD - Get Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. Oddity Tech had a return on equity of 26.22% and a net margin of 11.51%. The company had revenue of $97.25 million for the quarter, compared to analysts' expectations of $86.38 million. 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 Performance

Shares of NASDAQ:ODD traded down $0.01 during trading on Tuesday, hitting $32.54. The company's stock had a trading volume of 367,903 shares, compared to its average volume of 830,504. Oddity Tech has a fifty-two week low of $24.12 and a fifty-two week high of $56.00. The stock's 50-day moving average price is $39.86 and its two-hundred day moving average price is $38.70. The company has a market capitalization of $1.85 billion and a PE ratio of 31.90.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Morgan Stanley boosted their price target on Oddity Tech from $35.00 to $47.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 7th. Evercore ISI initiated coverage on Oddity Tech in a research note on Thursday, April 4th. They set an "outperform" rating and a $57.00 price objective on the stock. JMP Securities restated a "market outperform" rating and set a $66.00 price objective on shares of Oddity Tech in a research note on Thursday, March 7th. Barclays cut their price objective on Oddity Tech from $46.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Friday, April 12th. Finally, Bank of America upped their price objective on Oddity Tech from $44.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.