Olaplex Holdings (OLPX) Gets a Hold from Evercore ISI


Olaplex Holdings (OLPX) Gets a Hold from Evercore ISI

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According to TipRanks, Ottenstein is a 2-star analyst with an average return of 0.1% and a 53.52% success rate. Ottenstein covers the Consumer Defensive sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Coca-Cola, and Colgate-Palmolive.

In a report released on March 5, TD Cowen also maintained a Hold rating on the stock with a $1.80 price target.

Based on Olaplex Holdings' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $100.74 million and a GAAP net loss of $8.8 million. In comparison, last year the company earned a revenue of $111.72 million and had a net profit of $14.1 million

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OLPX in relation to earlier this year.

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