Oddity Tech (ODD) Stock Price, News & Analysis

Company Overview

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands. In addition, it operates ODDITY LABS, a biotechnology center, which develops various ingredients, including novel molecules, probiotics, and peptides for beauty and wellness products. Oddity Tech Ltd. was incorporated in 2013 and is headquartered in Tel Aviv, Israel.

Key Stats

• Today's Range: $43.27 to $45.69
• 50-Day Range: $34.81 to $46.22
• 52-Week Range: $30.34 to $50.36
• Volume: 746,140 shs
• Average Volume: 662,966 shs
• Market Capitalization: $2.59 billion
• P/E Ratio: 27.78
• Dividend Yield: N/A
• Price Target: $53.33
• Consensus Rating: Moderate Buy

Oddity Tech Stock Analysis - MarketRank™

Oddity Tech scored higher than 26% of companies evaluated by MarketBeat, and ranked 545th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Oddity Tech has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Oddity Tech has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -4.88%

Earnings Growth

Earnings for Oddity Tech are expected to decrease by -4.88% in the coming year, from $1.64 to $1.56 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Oddity Tech is 27.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Oddity Tech is 27.78, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 260.11.

Price to Earnings Growth Ratio

Oddity Tech has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Oddity Tech has a P/B Ratio of 7.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.85% of the outstanding shares of Oddity Tech have been sold short.

Short Interest Ratio / Days to Cover

Oddity Tech has a short interest ratio ("days to cover") of 17.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Oddity Tech has recently decreased by 2.37%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Oddity Tech does not currently pay a dividend.

Dividend Growth

Oddity Tech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.85% of the outstanding shares of Oddity Tech have been sold short.

Short Interest Ratio / Days to Cover

Oddity Tech has a short interest ratio ("days to cover") of 17.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Oddity Tech has recently decreased by 2.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.81

News Sentiment

Oddity Tech has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Oddity Tech this week, compared to 10 articles on an average week.

Search Interest

3 people have searched for ODD on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Oddity Tech to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Oddity Tech insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 35.88% of the stock of Oddity Tech is held by institutions.

ODD Stock Analysis - Frequently Asked Questions

How have ODD shares performed this year?

Oddity Tech's stock was trading at $46.53 at the start of the year. Since then, ODD shares have decreased by 2.1% and is now trading at $45.56.
View the best growth stocks for 2024 here.

How were Oddity Tech's earnings last quarter?

Oddity Tech Ltd. (NASDAQ:ODD) posted its quarterly earnings results on Wednesday, November, 6th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.22 by $0.10. The business's revenue was up 26.0% on a year-over-year basis.

When did Oddity Tech IPO?

Oddity Tech (ODD) raised $424 million in an IPO on Wednesday, July 19th 2023. The company issued 12,105,261 shares at $35.00 per share.

Who are Oddity Tech's major shareholders?

Oddity Tech's top institutional shareholders include Baillie Gifford & Co. (10.83%), FMR LLC (6.91%), Massachusetts Financial Services Co. MA (2.24%) and Bamco Inc. NY (2.19%).

How do I buy shares of Oddity Tech?

Shares of ODD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Oddity Tech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Oddity Tech investors own include Novo Nordisk A/S (NVO), Tesla (TSLA), Eli Lilly and Company (LLY), NVIDIA (NVDA), Datadog (DDOG), Merck & Co., Inc. (MRK) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Toilet preparations
• Sub-Industry: Consumer Goods
• Current Symbol: NASDAQ:ODD
• CUSIP: N/A
• CIK: 1907085
• Web: oddity.com
• Phone: 972-55-1751-7495
• Fax: N/A
• Employees: 342
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $53.33
• High Stock Price Target: $66.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.64
• Trailing P/E Ratio: 27.73
• Forward P/E Ratio: 27.73
• P/E Growth: 1.22
• Net Income: $58.53 million
• Net Margins: 16.32%
• Pretax Margin: 20.80%
• Return on Equity: 29.02%
• Return on Assets: 20.21%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.07
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: $508.68 million
• Price / Sales: 5.08
• Cash Flow: $1.33 per share
• Price / Cash Flow: 34.19
• Book Value: $6.33 per share
• Price / Book: 7.18

Miscellaneous

• Outstanding Shares: 56,870,000
• Free Float: N/A
• Market Cap: $2.59 billion
• Optionable: Optionable
• Beta: 4.40