Olaplex Misses Q3 Revenue Estimates

OLPX Stock  USD 2.11  0.03  1.44%   
Slightly above 68 percent of all Olaplex Holdings' investors are curious in acquiring. The analysis of overall sentiment of trading Olaplex Holdings stock suggests that a large number of investors are confidant at this time. Olaplex Holdings' investing sentiment can be driven by a variety of factors including economic data, Olaplex Holdings' earnings reports, geopolitical events, and overall market trends.
  
Hair care company Olaplex missed Wall Streets revenue expectations in Q3 CY2024, with sales falling 3.6 percent year on year to 119.1 million. The companys full-year revenue guidance of 410 million at the midpoint came in 8.4 percent below analysts estimates. Its non-GAAP profit of 0.04 per share was also 6.8 percent below analysts consensus estimates.

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Olaplex Holdings Investor Sentiment by Other News Outlets

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Olaplex Holdings Fundamental Analysis

We analyze Olaplex Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olaplex Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olaplex Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Valuation

Current Valuation Comparative Analysis

Olaplex Holdings is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Olaplex Holdings Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Olaplex Holdings stock to make a market-neutral strategy. Peer analysis of Olaplex Holdings could also be used in its relative valuation, which is a method of valuing Olaplex Holdings by comparing valuation metrics with similar companies.

Peers

Olaplex Holdings Related Equities

LESLLeslies   10.03   
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HZOMarineMax   9.26   
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SBHSally Beauty   8.64   
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ULTAUlta Beauty   7.17   
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71.0%
RHRH   5.74   
0%
57.0%
FLWS1 800   5.23   
0%
52.0%
EYENational Vision   4.80   
0%
47.0%
ARKOWArko Corp   4.08   
0%
40.0%
BBYBest Buy   3.90   
0%
38.0%
DKSDicks Sporting   2.41   
0%
24.0%
MUSAMurphy USA   1.09   
0%
10.0%
SPWHSportsmans   0.50   
0%
4.0%
BNEDBarnes Noble   0.39   
0%
3.0%
AZOAutoZone   0.33   
0%
3.0%
CASYCaseys General   0.28   
2.0%
0%
ODPODP Corp   1.17   
11.0%
0%

Additional Tools for Olaplex Stock Analysis

When running Olaplex Holdings' price analysis, check to measure Olaplex Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olaplex Holdings is operating at the current time. Most of Olaplex Holdings' value examination focuses on studying past and present price action to predict the probability of Olaplex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olaplex Holdings' price. Additionally, you may evaluate how the addition of Olaplex Holdings to your portfolios can decrease your overall portfolio volatility.