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Evaluating Olaplex Hldgs: Insights From 7 Financial Analysts

Author: Benzinga Insights | April 26, 2024 10:00am

In the last three months, 7 analysts have published ratings on Olaplex Hldgs (NASDAQ:OLPX), offering a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 6 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 1 0 0
2M Ago 1 0 3 0 0
3M Ago 0 0 1 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $2.14, a high estimate of $3.00, and a low estimate of $2.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 41.69%.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The standing of Olaplex Hldgs among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Dana Telsey Telsey Advisory Group Maintains Market Perform $2.00 $2.00
Dana Telsey Telsey Advisory Group Maintains Market Perform $2.00 $2.00
Korinne Wolfmeyer Piper Sandler Announces Neutral $2.00 -
Bill Chappell Truist Securities Lowers Buy $3.00 $7.00
Dana Telsey Telsey Advisory Group Maintains Market Perform $2.00 -
Dana Telsey Telsey Advisory Group Maintains Market Perform $2.00 -
Dana Telsey Telsey Advisory Group Maintains Market Perform $2.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Olaplex Hldgs. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Olaplex Hldgs compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Olaplex Hldgs's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Olaplex Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Olaplex Hldgs analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Delving into Olaplex Hldgs's Background

Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its hair care products. The company generates major revenue from Professional sales channel followed by Specialty Retail and then DTC. Geographically the company generates the majority of its revenue from International market.

Unraveling the Financial Story of Olaplex Hldgs

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: Olaplex Hldgs's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -14.54%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.

Net Margin: Olaplex Hldgs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.62% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Olaplex Hldgs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.67%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Olaplex Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of 0.81%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.78, Olaplex Hldgs adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Significance of Analyst Ratings Explained

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: OLPX

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