When did Olaplex go public?
Sep 29, 2021 · Investor demand for shares of what will be OLPX stock is burgeoning right now. This has led Olaplex to boost its IPO price ahead of its debut. The company announced Tuesday that it raised its ...
What is Olaplex's IPO price?
Oct 02, 2021 · Olaplex went public on the Nasdaq under the ticker OLPX for $21 a share on Sept. 30, 2021. The company’s two institutional shareholders sold a combined 73.7 million shares.
Who are Olaplex’s shareholders?
Sep 20, 2021 · SANTA BARBARA, Calif., September 20, 2021--Olaplex Holdings, Inc. ("OLAPLEX") announced the launch of its initial public offering of 67,000,000 shares of its common stock. All 67,000,000 shares of...
What is Olaplex's (OLP) stock price potential upside?
Apr 04, 2022 · Olaplex's lock-up period expired on Tuesday, March 29th. Olaplex had issued 73,700,000 shares in its initial public offering on September 30th. The total size of the offering was $1,547,700,000 based on an initial share price of $21.00.
Is Olaplex going public?
Analysts are bullish about Olaplex Holdings Inc., a newly public company that's taking haircare to premium levels.Nov 1, 2021
When can I purchase Olaplex stock?
Olaplex made its stock market debut on Thursday, September 30 on the Nasdaq under the ticker 'OLPX.
Is Olaplex a good stock to invest?
Despite solid growth, OLPX stock is one of the worst-performing IPOs of 2021. That said, Olaplex is still an early-stage disruptor with a high ceiling. Here's what you need to know about the No. 1 hair care brand on Amazon and Sephora.Feb 14, 2022
How much is Olaplex company worth?
$14 billionOlaplex Holdings Inc., the hair care brand backed by private equity firm Advent International, debuted on the public market on Thursday. It raised over $1.55 billion as institutional investors bestowed a seal of approval on the company.
How do I buy Olaplex shares?
To invest in Olaplex shares, investors need to have a brokerage account with a registered brokerage house in the US. After opening an account, investors need to apply for the Olaplex IPO via their brokerage account and wait for the allotment date to be in the know of whether the shares have been allotted or not.Sep 29, 2021
Does Olaplex pay dividends?
Olaplex Holdings (NASDAQ: OLPX) does not pay a dividend.
Why is Olaplex stock going down?
OLPX stock fell. The upscale hair care company claims that its product doesn't treat the surface of the hair by adding superficial shine, but repairs hair's damaged bonds at the molecular level. Olaplex is the first company to make bond-building technology available for at-home use.Nov 10, 2021
Who bought Olaplex?
AdventAdvent, which bought Olaplex in 2019, owns about 79.6 percent of the combined voting power in the company after the offering through associated investment funds.Sep 30, 2021
How good is Olaplex for your hair?
Olaplex works on repairing your hair not increasing its density. Olaplex realigns broken disulfide bonds, which helps strengthen the hair after chemical services. This is especially helpful for those who have chemically processed their hair and are dealing with fragile, thin strands.
Did Olaplex Sue Loreal?
Olaplex LLC and Liqwd Inc sued Clichy, France-based L'Oreal in 2017 for, among other things, allegedly infringing two patents and misappropriating trade secrets related to Olaplex's methods of bleaching hair that cause less hair damage, after meeting with Olaplex about possibly acquiring the company.May 7, 2021
Is Olaplex owned by L Oreal?
Olaplex is now owned by private equity firm Advent International, which bought the brand in 2019.May 11, 2021
What is Olaplex No 1?
1 Bond Multiplier is a concentrated first salon step that rebuilds broken disulphide bonds and begins the process of preventing damage and repairing hair. Mix Olaplex No. 1 with your client's chosen hair colour, lightener or toner to help prevent hair damage and keep the hair in the best condition possible.
Is Olaplex a buy right now?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olaplex in the last year. There are currently 11 buy ratings and 1 strong...
When is Olaplex's next earnings date?
Olaplex is scheduled to release its next quarterly earnings announcement on Tuesday, June 14th 2022. View our earnings forecast for Olaplex .
How were Olaplex's earnings last quarter?
Olaplex Holdings Inc (NASDAQ:OLPX) issued its quarterly earnings results on Tuesday, March, 8th. The company reported $0.10 earnings per share (EPS...
What guidance has Olaplex issued on next quarter's earnings?
Olaplex issued an update on its FY 2022 earnings guidance on Tuesday, March, 15th. The company provided EPS guidance of for the period. The company...
What price target have analysts set for OLPX?
12 brokers have issued 12 month price objectives for Olaplex's shares. Their forecasts range from $17.00 to $50.00. On average, they expect Olaplex...
Who are some of Olaplex's key competitors?
Some companies that are related to Olaplex include Coty (COTY) , Natura &Co (NTCO) , Inter Parfums (IPAR) , Edgewell Personal Care (EPC) , e.l...
When did Olaplex IPO?
(OLPX) raised $1.1 billion in an initial public offering (IPO) on Thursday, September 30th 2021. The company issued 73,700,000 shares at $14.00-$16...
What is Olaplex's stock symbol?
Olaplex trades on the NASDAQ under the ticker symbol "OLPX."
When does Olaplex's lock-up period expire?
Olaplex's lock-up period expires on Tuesday, March 29th. Olaplex had issued 73,700,000 shares in its public offering on September 30th. The total s...
Olaplex Financials
Olaplex provided recent financial results in its second amendment to its S-1 registration form. For the quarter ended June 30, 2021, the company’s net income rose nearly 25 times, to $49.4 million, compared to the same period a year ago. Net sales increased 175.3% year over year (YOY) to $152.1 million.
How Much Is Olaplex Worth?
In June 2021, Bloomberg reported that Advent was exploring options to sell Olaplex and was targeting a valuation of at least $1.5 billion. 18 Advent finalized its ownership of Olaplex in early 2020, but the financial details of that transaction were not disclosed. Advent owns 89.3% of Olaplex’s outstanding shares.
Olaplex Key Competitors
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. 20 Olaplex faces a number of big rivals, including France-based L’Oréal S.A. ( OR.PA ), U.K.-based Unilever PLC ( ULVR ), Germany-based Henkel AG & Co. KGaA ( HEN3 ), and Japan-based Kao Corp. ( KAO ).
The Bottom Line
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. 1
About Olaplex
Olaplex Holdings Inc. is a technology-driven beauty company. The brand's products have an active, patent-protected ingredient which works on a molecular level to protect and repair hair from damage. The company's products are sold through omni-channel platform serving the professional, specialty retail and direct-to-consumer channels.
Headlines
Kohl's unveils 400 stores will get a Sephora beauty shop in 2022. Is your store on the list? - USA TODAY
Olaplex (NASDAQ:OLPX) Frequently Asked Questions
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Olaplex in the last twelve months. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Olaplex stock. View analyst ratings for Olaplex or view top-rated stocks.
