FAQ :: Olaplex Holdings, Inc OLPX

FAQ :: Olaplex Holdings, Inc OLPX

Rebuilding hair on a molecular level requires patience and consistency. I’m glad I gave Olaplex a shot and I’m already considering other products in its hair care line. The brand recommends using the No. 3 Hair Perfector two to three times a week if you have especially damaged hair.

Its product portfolio, supported by scores of patents, creates barriers to entry for competitors in the hair care business and related industries. Radnor, Pennsylvania–(Newsfile Corp. – January 11, 2023) – The law firm of Kessler Topaz Meltzer & Check, LLP () informs investors that a securities class action lawsuit has been filed ag… Radnor, Pennsylvania–(Newsfile Corp. – January 14, 2023) – The law firm of Kessler Topaz Meltzer & Check, LLP () informs investors that a securities class action lawsuit has been filed ag… Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC.

Totalcash and cash equivalentson the company’s balance sheet at the end of the period were $76.4 million, up nearly seven times compared to the end of 2020. For all of 2020, net income sank 35.5% despite revenue growth of 90.4%. The company generated net income of $49.4 million on $152.1 million in net sales during its most recent quarter ended June 30, 2021. Olaplex Holdings, Inc. delivered earnings and revenue surprises of 16.67% and 1.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stoc…

Still, Olaplex No. 3 Hair Perfector seemed to bring my hair back to life in just a few uses. It’s pricier than other drugstore hair products, but it’s well worth the splurge. Ready to give your hair some love but unsure of the Olaplex price tag? Just read these reviews on why others love their No. 3 Hair Perfector and you’ll be ready to splurge. My goal for the product wasn’t to boost hydration, because this isn’t a conditioning treatment.

Tiffany Walden is the chief operating officer , chief legal officer, and secretary, and Eric Tiziani is the chief financial officer . Wong, who has extensive experience in the beauty and consumer industries, was named CEO in January 2020. Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss Olaplex earnings and how the stock is reacting on Tuesday morning. In 2022, OLPX’s revenue was $704.27 million, an increase of 17.70% compared to the previous year’s $598.37 million. You can buy Olaplex stock after it starts trading on Sep. 30. The stock will be available on all the major brokerages, including Robinhood.

Financials

However, analysts commonly use some key metrics to help gauge the value of a stock. Finder is not an advisor or brokerage service, and we don’t recommend investors to trade specific stocks or other investments. In all of 2021, analysts project Olaplex earnings of 39 cents per share, according to FactSet. Sales are likely to reach $584 million in 2021, more than double 2020’s $282 million.

• A special purpose acquisition company is a publicly traded company created for the purpose of acquiring or merging with an existing company.
• Investment funds affiliated with private equity firm Advent International, which acquired Olaplex in January 2020, own approximately 78.9% of the combined voting power of Olaplex’s common stock.
• Olaplex was founded by its former chief executive officer , Dean Christal.
• It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Goldman Sachs, JPMorganChase, Morgan Stanley, and Barclays are the joint lead book-running managers. The underwriters have the option to purchase an additional 10.1 million shares at the IPO price. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may receive payment from our affiliates for featured placement of their products or services. We may also receive payment if you click on certain links posted on our site.

What is the 52-week low for OLPX stock

In 2020, the company’s adjusted EBITDA increased YoY to $199 million from $100 million, and its professional channel distribution accounted for 55 percent of the company’s total net sales. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.

While compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. The cosmetics/personal care group, to which Olaplex belongs, ranks a mediocre 69 from the top of the 197 industry groups tracked by IBD, according to IBD Stock Checkup. The group also includes L’Oreal , whose Redken brand offers hair bonding products.

Olaplex’s stock was trading at $5.21 at the start of the year. Since then, OLPX stock has decreased by 23.0% and is now trading at $4.01. According to analysts’ consensus price target of $7.79, Olaplex has a forecasted upside of 94.2% from its current price of $4.01. There may be delays, omissions, or inaccuracies in the Information. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. Discuss news and analysts’ price predictions with the investor community. Also, keep in mind that it takes some time to see results and you might not even see an obvious difference, but that’s not a bad thing. Hair damage doesn’t occur in one day , so repairing hair shouldn’t, either.

Choose how much you’d like to invest in OLPX stock

Please see Open to the Public Investing’s Fee Schedule to learn more. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). The value of T-bills fluctuate and investors may receive more or less than their original investments if sold what are major, minor and exotic currency pairs prior to maturity. T-bills are subject to price change and availability – yield is subject to change. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates.

The company offers hair care shampoos and conditioners for use in treatment, maintenance, and protection of hair. The brand OLAPLEX is a patent-protected, proven, and potent haircare technology system that restores all hair types to its healthiest state possible. OLAPLEX created the Bond Building category which protects, strengthens, and rebuilds broken bonds in the hair during and after hair services. The company was founded in 2014 and is headquartered in Santa Barbara, CA. The company’s focus is offering science-based products that address the treatment, maintenance, and protection of hair.

Olaplex stock is the IBD Stock Of The Day as the cult beauty brand flashes an early entry while expanding in a big way into Ulta Beauty stores in the new year. What analysts recommend for OLPX stock, on a scale from 1 to 5. Stop hunting for the best products and deals—get our expert scoop on secret sales and discounts, gift ideas for everyone and can’t-miss products.

Telsey Advisory Reaffirms Their Buy Rating on Olaplex Holdings (OLPX)

The size of the global hair care market is expected to grow from an estimated $92.5 billion in 2020 to $105.1 billion in 2025. The company’s operations and financial results were also affected by the COVID-19 pandemic. Find out how stock lending works, the extra income you could potentially earn and the risks you should be aware of.

Thomson Reuters Products

Olaplex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for https://day-trading.info/ Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

The Company offers hair oil, shampoo, conditioner, perfector, and other related products. Luxury hair care company Olaplex went public on the Nasdaq on Sept. 30, 2021. Its IPO price was $21, significantly above the expected $17–$19 range, and as of Oct. 1, 2021, its valuation stands at more than $15 billion. Advent finalized its ownership of Olaplex in early 2020, but the financial details of that transaction were not disclosed. The other institutional shareholder, private equity firm Mousse Partners, owns 6.8%. Its products are based on scientifically supported designs aimed at treating damaged hair.

OLPX LAWSUIT ALERT: Levi & Korsinsky Notifies Olaplex Holdings, Inc. Investors Of a Class Action Lawsuit and Upcoming Deadline

On Sep. 28, Olaplex filed its revised S-1 form with the SEC and raised its IPO price range. Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate. The EBITDA is a measure of a Olaplex’s overall financial performance and is widely used to measure a its profitability.