Olaplex (OLPX) Expected to Announce Quarterly Earnings on Thursday

Olaplex (NASDAQ:OLPX - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.02 per share and revenue of $93.82 million for the quarter.

Olaplex Trading Down 1.2 %

Shares of NASDAQ:OLPX traded down $0.02 on Tuesday, hitting $1.28. The company had a trading volume of 58,916 shares, compared to its average volume of 2,177,404. Olaplex has a 1 year low of $1.01 and a 1 year high of $2.77. The firm's 50-day simple moving average is $1.32 and its two-hundred day simple moving average is $1.63. 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 capitalization of $848.84 million, a price-to-earnings ratio of 21.25 and a beta of 2.39.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on OLPX. Barclays lifted their price objective on Olaplex from $1.50 to $1.70 and gave the company an "equal weight" rating in a research note on Wednesday, March 5th. Piper Sandler lifted 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. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $2.00 price target on shares of Olaplex in a report on Wednesday, March 12th.

Insider Buying and Selling

In related news, General Counsel John C. Duffy sold 35,013 shares of the company's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $1.44, for a total transaction of $50,418.72. Following the transaction, the general counsel now directly owns 348,630 shares of the company's stock, valued at $502,027.20. This represents a 9.13 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Trisha L. Fox sold 26,526 shares of the company's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $1.44, for a total transaction of $38,197.44. Following the completion of the sale, the insider now directly owns 461,548 shares in the company, valued at approximately $664,629.12. The trade was a 5.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 73,269 shares of company stock valued at $103,161. Insiders own 4.20% of the company's stock.

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.