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Tuesday, January 31, 2023

Investing In Olaplex Holdings Inc. (NASDAQ: OLPX): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Olaplex Holdings Inc. (OLPX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 1.52%, to $6.00. The Olaplex Holdings Inc. has recorded 12,254 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Olaplex Holdings, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference on December 7, 2022.

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Stocks Info

The company is listed on the NASDAQ and operates within the Specialty Retail industry segment. At the end of the last regular session, the stock closed at $5.91 and fluctuated between $5.99 as its day high and $5.79 as its day low. The current market capitalization of Olaplex Holdings Inc. is $3.87B. A total of 1.29 million shares were traded on the day, compared to an average of 4.08M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OLPX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 0 SELLs from insiders. Insiders purchased 199,360 shares during that period but sold 0.

In the most recent transaction, Tiziani Eric bought 20,000 shares of OLPX for 14.78 per share on Mar 10. After the transaction, the Chief Financial Officer now owns 20,000 company shares.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OLPX in the last 3 months, the mean price target is $7.67 with high estimates of $11.00 and low estimates of $5.00. In terms of 52-week highs and lows, OLPX has a high of $22.48 and a low of $3.80.

As of this writing, OLPX has an earnings estimate of $0.1 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.09. The company reported an EPS of $0.13 in the last quarter, which was 18.20% higher than expectations of $0.11.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OLPX is Hold with a score of 3.38. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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