NASDAQ:OLPX

Olaplex (OLPX) Stock Forecast, Price & News

$1.95

+0.07 (+3.72%)

(As of 09/29/2023 ET)

Compare

Today's Range: $1.90
▼
$1.99
50-Day Range: $1.88
▼
$3.98
52-Week Range: $1.86
▼
$10.58

Volume: 2.46 million shs
Average Volume: 2.40 million shs
Market Capitalization: $1.28 billion

P/E Ratio: 10.83
Dividend Yield: N/A
Price Target: $5.63

Olaplex MarketRank™ Forecast

Analyst Rating: Reduce
1.93 Rating Score
Upside/Downside: 188.5% Upside
$5.63 Price Target
Short Interest: Bearish
8.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.58
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$35,774 Bought Last Quarter
Proj. Earnings Growth: 33.33%
From $0.15 to $0.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Consumer Staples Sector

23rd out of 135 stocks

Toilet Preparations Industry

2nd out of 12 stocks

4.0

Analyst's Opinion

Consensus Rating
Olaplex has received a consensus rating of Reduce. The company's average rating score is 1.93, and is based on 3 buy ratings, 8 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.63, Olaplex has a forecasted upside of 188.5% from its current price of $1.95.
Amount of Analyst Coverage
Olaplex has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.54% of the float of Olaplex has been sold short.
Short Interest Ratio / Days to Cover
Olaplex has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Olaplex has recently decreased by 3.02%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Olaplex does not currently pay a dividend.
Dividend Growth
Olaplex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OLPX.

1.4

News and Social Media Coverage

News Sentiment
Olaplex has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Olaplex this week, compared to 3 articles on an average week.
Search Interest
Only 3 people have searched for OLPX on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Olaplex to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Olaplex insiders have bought more of their company's stock than they have sold. Specifically, they have bought $35,774.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.10% of the stock of Olaplex is held by insiders.
Percentage Held by Institutions
90.87% of the stock of Olaplex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Olaplex are expected to grow by 33.33% in the coming year, from $0.15 to $0.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Olaplex is 10.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Olaplex is 10.83, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.78.
Price to Earnings Growth Ratio
Olaplex has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Olaplex has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Olaplex (NASDAQ:OLPX) Stock

Olaplex Holdings, Inc. develops, manufactures, and sells hair care products. The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair, as well as nourishing hair serum. It provides hair care products to professional hair salons, retailers, and everyday consumers. The company markets its products through its website, Olaplex.com, as well as third party e-commerce platforms. The company was founded in 2014 and is based in Santa Barbara, California.

OLPX Price History

30 days | 90 days | 365 days | Advanced Chart

OLPX Stock News Headlines

September 25, 2023 | americanbankingnews.com

Olaplex Holdings, Inc. (NASDAQ:OLPX) Given Consensus Rating of "Reduce" by Brokerages

September 15, 2023 | markets.businessinsider.com

Olaplex Holdings (OLPX) Receives a Sell from Piper Sandler

September 29, 2023 | Behind the Markets (Ad)

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September 13, 2023 | finance.yahoo.com

Is Weakness In Olaplex Holdings, Inc. (NASDAQ:OLPX) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

August 25, 2023 | ca.investing.com

Olaplex Holdings downgraded at Piper Sander as survey results 'not great' for the company

August 25, 2023 | markets.businessinsider.com

Where Olaplex Hldgs Stands With Analysts

August 25, 2023 | msn.com

Olaplex falls after Sally Beauty outperforms it in Piper Sandler's salon survey

August 19, 2023 | seekingalpha.com

Olaplex: Rating Downgrade As The Business Might Be Structurally Impaired

September 29, 2023 | Behind the Markets (Ad)

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August 17, 2023 | finance.yahoo.com

Time To Worry? Analysts Just Downgraded Their Olaplex Holdings, Inc. (NASDAQ:OLPX) Outlook

August 12, 2023 | msn.com

Canaccord Genuity Downgrades Olaplex Holdings (OLPX)

August 11, 2023 | finance.yahoo.com

Olaplex stock ticks down after analyst downgrade on stock, price target

August 11, 2023 | msn.com

Barclays Maintains Olaplex Holdings (OLPX) Underweight Recommendation

August 10, 2023 | msn.com

Telsey Advisory Group Downgrades Olaplex Holdings (OLPX)

August 10, 2023 | seekingalpha.com

Olaplex: Another Haircut

August 9, 2023 | markets.businessinsider.com

OLPX's Forecast Darkens: Analyst Adjusts Estimates Reflecting Struggles In Consumer And Professional Segments

August 8, 2023 | uk.finance.yahoo.com

Moody's bank downgrades, Novavax, Hims, Olaplex: Trending stocks

August 8, 2023 | msn.com

Olaplex Holdings, Inc. (OLPX) Reports Q2 Earnings: What Key Metrics Have to Say

August 8, 2023 | msn.com

Olaplex (NASDAQ:OLPX) Recedes On Q2 Miss; Lowers Outlook

August 8, 2023 | finance.yahoo.com

Olaplex Sees New Opportunities After Lowering 2023 Guidance

August 8, 2023 | finanznachrichten.de

Olaplex Holdings, Inc.: OLAPLEX Reports Second Quarter 2023 Results

August 8, 2023 | za.investing.com

Olaplex tumbles about 18% on big outlook cut after Q2 earnings miss

August 8, 2023 | bloomberg.com

Olaplex Plunges After Weak Demand Drives Guidance Cut

August 8, 2023 | msn.com

Olaplex Holdings, Inc. (OLPX) Q2 Earnings and Revenues Miss Estimates

August 8, 2023 | finance.yahoo.com

OLAPLEX Reports Second Quarter 2023 Results

August 1, 2023 | markets.businessinsider.com

Expert Ratings for Olaplex Hldgs

July 27, 2023 | finance.yahoo.com

OLPX - Olaplex Holdings, Inc.

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OLPX Company Calendar

Last Earnings: 8/08/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Toilet preparations
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:OLPX
CUSIP: N/A
CIK: 1868726
Web: www.olaplex.com
Phone: 310-691-0776
Fax: N/A
Employees: 174
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $5.63
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +189.3%
Consensus Rating: Reduce
Rating Score (0-4): 1.93
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.18
Trailing P/E Ratio: 10.81
Forward P/E Ratio: 12.97
P/E Growth: 1.27
Net Income: $244.07 million
Net Margins: 22.92%
Pretax Margin: 28.36%
Return on Equity: 21.92%
Return on Assets: 10.09%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 9.32
Quick Ratio: 7.22

Sales & Book Value

Annual Sales: $704.27 million
Price / Sales: 1.81
Cash Flow: $0.56 per share
Price / Cash Flow: 3.49
Book Value: $1.20 per share
Price / Book: 1.62

Miscellaneous

Outstanding Shares: 654,700,000
Free Float: 614,761,000
Market Cap: $1.27 billion
Optionable: Not Optionable
Beta: 1.72

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Key Executives

Ms. JuE Wong (Age 60)
Pres, CEO & Director
Comp: $1.33M

Mr. Eric Tiziani (Age 45)
Chief Financial Officer
Comp: $572.27k

Mr. John P. Bilbrey (Age 66)
Exec. Chair of the Board

Ms. Kristi Belhumeur (Age 41)
Sr. VP of Accounting

Mr. John C. Duffy
Gen. Counsel & Sec.

Ms. Charlotte Watson
Chief Marketing Officer

Ms. Trisha L. Fox (Age 53)
Chief People Officer

Mr. James T. MacPherson (Age 54)
Sr. Advisor

Mr. John J. Keppeler (Age 61)
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OLPX Stock - Frequently Asked Questions

Should I buy or sell Olaplex stock right now?: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Olaplex in the last year. There are currently 4 sell ratings, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" OLPX shares.
View OLPX analyst ratings or view top-rated stocks.
What is Olaplex's stock price forecast for 2023?: 15 brokers have issued 12-month price objectives for Olaplex's shares. Their OLPX share price forecasts range from $2.00 to $15.00. On average, they expect the company's stock price to reach $5.63 in the next year. This suggests a possible upside of 189.3% from the stock's current price.
View analysts price targets for OLPX or view top-rated stocks among Wall Street analysts.
How have OLPX shares performed in 2023?: Olaplex's stock was trading at $5.21 at the beginning of the year. Since then, OLPX shares have decreased by 62.7% and is now trading at $1.9450.
View the best growth stocks for 2023 here.
When is Olaplex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our OLPX earnings forecast.
How were Olaplex's earnings last quarter?: Olaplex Holdings, Inc. (NASDAQ:OLPX) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The firm earned $109.24 million during the quarter, compared to analysts' expectations of $129.86 million. Olaplex had a trailing twelve-month return on equity of 21.92% and a net margin of 22.92%. The firm's revenue for the quarter was down 48.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS.
What ETFs hold Olaplex's stock?: ETFs with the largest weight of Olaplex (NASDAQ:OLPX) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT).Royce Quant Small-Cap Quality Value ETF (SQLV).

What guidance has Olaplex issued on next quarter's earnings?: Olaplex issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $445.00 million-$465.00 million, compared to the consensus revenue estimate of $569.75 million.
When did Olaplex IPO?: (OLPX) raised $1.1 billion in an initial public offering (IPO) on Thursday, September 30th 2021. The company issued 73,700,000 shares at a price of $14.00-$16.00 per share.
What is Olaplex's stock symbol?: Olaplex trades on the NASDAQ under the ticker symbol "OLPX."
How do I buy shares of Olaplex?: Shares of OLPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Olaplex's stock price today?: One share of OLPX stock can currently be purchased for approximately $1.95.
How much money does Olaplex make?: Olaplex (NASDAQ:OLPX) has a market capitalization of $1.27 billion and generates $704.27 million in revenue each year. The company earns $244.07 million in net income (profit) each year or $0.18 on an earnings per share basis.
How many employees does Olaplex have?: The company employs 174 workers across the globe.
How can I contact Olaplex?: Olaplex's mailing address is 1187 COAST VILLAGE ROAD SUITE 1-520, SANTA BARBARA CA, 93108. The official website for the company is www.olaplex.com. The company can be reached via phone at 310-691-0776 or via email at olaplex@icrinc.com.

This page (NASDAQ:OLPX) was last updated on 9/29/2023 by MarketBeat.com Staff

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Olaplex (OLPX) Stock Forecast, Price & News

Olaplex MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Olaplex (NASDAQ:OLPX) Stock

OLPX Price History

OLPX Stock News Headlines

OLPX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

OLPX Stock - Frequently Asked Questions

Overall MarketRank^™