Olaplex (OLPX) Projected to Post 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 Price Performance

Shares of OLPX stock traded down $0.03 on Friday, reaching $1.30. The company's stock had a trading volume of 731,344 shares, compared to its average volume of 2,192,544. The company has a market capitalization of $865.48 million, a P/E ratio of 21.67 and a beta of 2.39. Olaplex has a 12-month low of $1.01 and a 12-month high of $2.77. The stock's 50 day simple moving average is $1.33 and its 200-day simple moving average is $1.64. The company has a quick ratio of 10.32, a current ratio of 11.84 and a debt-to-equity ratio of 0.73.

Analyst Ratings Changes

A number of brokerages have recently issued reports on OLPX. Barclays lifted their price target on Olaplex from $1.50 to $1.70 and gave the company an "equal weight" rating in a research report on Wednesday, March 5th. Telsey Advisory Group reiterated a "market perform" rating and set a $2.00 target price on shares of Olaplex in a research report on Wednesday, March 12th. Finally, Piper Sandler increased their price target on shares of Olaplex from $1.50 to $2.00 and gave the stock a "neutral" rating in a report on Monday, January 6th.

Insider Activity

In other Olaplex news, General Counsel John C. Duffy sold 35,013 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $1.44, for a total value of $50,418.72. Following the completion of the sale, the general counsel now directly owns 348,630 shares of the company's stock, valued at $502,027.20. The trade was a 9.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Trisha L. Fox sold 26,526 shares of the firm's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $1.44, for a total value of $38,197.44. Following the transaction, the insider now directly owns 461,548 shares in the company, valued at $664,629.12. This trade represents 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 have sold 73,269 shares of company stock worth $103,161. 4.20% of the stock is currently owned by insiders.

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.