Olaplex (OLPX) Expected to Announce Earnings on Wednesday

Olaplex (NASDAQ:OLPX) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $87.51 million for the quarter.

Olaplex Stock Down 1.4 %

Shares of NASDAQ OLPX opened at $1.42 on Wednesday. The company has a quick ratio of 10.32, a current ratio of 11.84 and a debt-to-equity ratio of 0.73. The company has a market cap of $941.35 million, a P/E ratio of 23.67 and a beta of 2.45. Olaplex has a 52 week low of $1.19 and a 52 week high of $2.77. The business has a 50-day simple moving average of $1.65 and a two-hundred day simple moving average of $1.93.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on OLPX shares. Barclays reduced their price objective on shares of Olaplex from $2.00 to $1.50 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Piper Sandler boosted their price target on shares of Olaplex from $1.50 to $2.00 and gave the company a “neutral” rating in a research report on Monday, January 6th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $3.00 price objective on shares of Olaplex in a research report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Olaplex has an average rating of “Hold” and a consensus target price of $2.30.

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.