Olaplex (OLPX) to Release Earnings on Thursday

Olaplex (NASDAQ:OLPX) is expected to post its quarterly earnings results 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 interested in listening to the company’s earnings conference call can do so using this link.

Olaplex Trading Up 21.7 %

OLPX opened at $1.68 on Wednesday. The stock has a 50-day moving average of $1.55 and a 200 day moving average of $1.90. 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 $1.19 and a 12 month high of $2.77. The firm has a market cap of $1.11 billion, a P/E ratio of 28.00 and a beta of 2.45.

Analysts Set New Price Targets

Several research firms have recently weighed in on OLPX. Telsey Advisory Group reissued a “market perform” rating and set a $2.00 target price on shares of Olaplex in a research report on Tuesday. Barclays dropped 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. Finally, Piper Sandler increased their target price on shares of Olaplex from $1.50 to $2.00 and gave the company a “neutral” rating in a research note on Monday, January 6th.

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.