Olaplex (OLPX) to Release Quarterly Earnings on Thursday

Olaplex (NASDAQ:OLPX - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect Olaplex to post earnings of $0.02 per share and revenue of $87.51 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Olaplex Stock Performance

Olaplex stock remained flat at $1.45 during mid-day trading on Friday. 1,768,568 shares of the company's stock were exchanged, compared to its average volume of 1,239,022. The company has a fifty day moving average of $1.56 and a two-hundred day moving average of $1.91. The firm has a market cap of $961.24 million, a P/E ratio of 24.17 and a beta of 2.45. The company has a debt-to-equity ratio of 0.73, a quick ratio of 10.32 and a current ratio of 11.84. Olaplex has a 1 year low of $1.19 and a 1 year high of $2.77.

Analyst Ratings Changes

OLPX has been the topic of a number of research reports. Barclays reduced their price objective on Olaplex from $2.00 to $1.50 and set an "equal weight" rating on the stock in a research report on Monday, November 11th. Telsey Advisory Group restated a "market perform" rating and set a $2.00 price target on shares of Olaplex in a report on Tuesday, February 25th. Finally, Piper Sandler raised their price objective on shares of Olaplex from $1.50 to $2.00 and gave the company a "neutral" rating in a report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Olaplex has an average rating of "Hold" and a consensus target price 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.