Olaplex Holdings, Inc. logo

Olaplex Holdings, Inc. (OLPX)

Market Closed
7 Jul, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
2. 07
0
0%
$
1.39B Market Cap
15 P/E Ratio
- Div Yield
13.12M Volume
0.14 Eps
$ 2.07
Previous Close
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Day Range
2.07 2.07
Year Range
0.99 2.08
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Olaplex: Hoping For Revenue Improvements Going Ahead

Olaplex: Hoping For Revenue Improvements Going Ahead

Olaplex reported a Q1 slightly beating the previously guided sales range, and showing a good profitability despite the slower sequential and year-over-year revenues. The company should report its Q2 results soon, and I suggest watching the revenues closely as the 2024 outlook expects sequential improvements. The stock's valuation is becoming more attractive, but due to the high-risk profile regarding the prior PR headwinds and the needed return to growth, I remain neutral.

Seekingalpha | 2 years ago