In yesterday’s Wall Street session, ODDITY Tech Ltd (NASDAQ:ODD) shares traded at $43.36, down -0.14% from the previous session.
ODD stock price is now -1.77% away from the 50-day moving average and 9.08% away from the 200-day moving average. The market capitalization of the company currently stands at $2.47B.
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With the price target of $48, Goldman recently initiated with Neutral rating for ODDITY Tech Ltd (NASDAQ: ODD). On April 04, 2024, Evercore ISI recently initiated its ‘Outperform’ rating on the stock quoting a target price of $57, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Drucker Mann Lindsay, Officer bought 51,206 shares of the company’s stock on Dec 10 ’24. The stock was bought for $2,537,257 at an average price of $49.55. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, Stockholder LCGP3 Pro Makeup, L.P. bought 1,250,000 shares of the business’s stock. A total of $55,762,500 was incurred on buying the stock at an average price of $44.61.
During the past 12 months, ODDITY Tech Ltd has had a low of $30.34 and a high of $51.00. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 2.07, and a quick ratio of 1.36. According to the stock market information, the enterprise value for the company is $2376706816, which is based on a 26.49 price-to-earnings ratio, a 1.13 price-to-earnings-growth ratio, and a beta of 4.30. The fifty day moving average price for ODD is $44.0342 and a two-hundred day moving average price translates $39.750275 for the stock.
The latest earnings results from ODDITY Tech Ltd (NASDAQ: ODD) was released for 2024-09-30. The net profit margin was 16.32% and return on equity was 32.11% for ODD. The company reported revenue of $119.0 million for the quarter, compared to $94.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.96 percent. For the current quarter, analysts expect ODD to generate $119.25M in revenue.
