Olaplex (NASDAQ:OLPX) Posts Earnings Results

Olaplex (NASDAQ:OLPX) released its earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01), Zacks reports. Olaplex had a net margin of 9.78% and a return on equity of 10.50%. Olaplex updated its FY 2025 guidance to EPS.

Olaplex Trading Down 4.8 %

NASDAQ:OLPX opened at $1.38 on Tuesday. Olaplex has a 12-month low of $1.19 and a 12-month high of $2.77. The stock’s 50 day simple moving average is $1.55 and its 200-day simple moving average is $1.91. The firm has a market cap of $914.83 million, a P/E ratio of 23.00 and a beta of 2.45. The company has a current ratio of 11.84, a quick ratio of 10.32 and a debt-to-equity ratio of 0.73.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on OLPX shares. Piper Sandler boosted 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. Telsey Advisory Group reaffirmed a “market perform” rating and set a $2.00 target price on shares of Olaplex in a research report on Tuesday, February 25th. Finally, Barclays reduced their price objective on Olaplex from $2.00 to $1.50 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $2.10.

Olaplex Company Profile

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.