Olaplex (OLPX) to Release Earnings on Thursday

Olaplex (NASDAQ:OLPX) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect Olaplex to post earnings of $0.02 per share and revenue of $93.82 million for the quarter.

Olaplex Stock Up 1.6 %

NASDAQ OLPX opened at $1.31 on Wednesday. The company has a current ratio of 11.84, a quick ratio of 10.32 and a debt-to-equity ratio of 0.73. Olaplex has a 12 month low of $1.01 and a 12 month high of $2.77. The stock’s 50 day moving average is $1.32 and its 200 day moving average is $1.62. The stock has a market cap of $872.14 million, a PE ratio of 21.84 and a beta of 2.39.

Analyst Upgrades and Downgrades

OLPX has been the subject of several research analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and set a $2.00 target price on shares of Olaplex in a research note on Wednesday, March 12th. Piper Sandler raised 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. Finally, Barclays boosted their target price on Olaplex from $1.50 to $1.70 and gave the stock an “equal weight” rating in a research report on Wednesday, March 5th.

Insiders Place Their Bets

In related news, General Counsel John C. Duffy sold 35,013 shares of Olaplex stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $1.44, for a total value of $50,418.72. Following the completion of the transaction, the general counsel now owns 348,630 shares in the company, valued at approximately $502,027.20. This trade represents a 9.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Trisha L. Fox sold 26,526 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $1.44, for a total value of $38,197.44. Following the sale, the insider now owns 461,548 shares in the company, valued at approximately $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. Insiders sold 73,269 shares of company stock valued at $103,161 in the last three months. Corporate insiders own 4.20% of the company’s stock.

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.