ODDITY Tech Ltd. (NASDAQ:ODD – Get Free Report) has received an average rating of “Reduce” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation and ten have assigned a hold recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $27.2273.
A number of equities analysts recently issued reports on ODD shares. Bank of America restated an “underperform” rating on shares of ODDITY Tech in a research note on Thursday, September 10th. Truist Financial boosted their price target on ODDITY Tech from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. Barclays cut their price objective on ODDITY Tech from $13.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. Wall Street Zen upgraded ODDITY Tech from a “strong sell” rating to a “sell” rating in a research note on Saturday, September 12th. Finally, Zacks Research raised ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th.
View Our Latest Analysis on ODDITY Tech
Insider Transactions at ODDITY Tech
Institutional Trading of ODDITY Tech
A number of hedge funds and other institutional investors have recently made changes to their positions in ODD. Granahan Investment Management LLC lifted its position in ODDITY Tech by 1.1% during the fourth quarter. Granahan Investment Management LLC now owns 1,523,204 shares of the company’s stock valued at $61,202,000 after purchasing an additional 16,747 shares during the period. Ashford Capital Management Inc. grew its position in ODDITY Tech by 25.0% during the 4th quarter. Ashford Capital Management Inc. now owns 685,972 shares of the company’s stock worth $27,562,000 after purchasing an additional 137,380 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of ODDITY Tech by 110.6% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 590,300 shares of the company’s stock valued at $23,718,000 after buying an additional 310,000 shares during the last quarter. Altshuler Shaham Ltd raised its stake in shares of ODDITY Tech by 364.7% during the 4th quarter. Altshuler Shaham Ltd now owns 500,714 shares of the company’s stock valued at $20,119,000 after buying an additional 392,967 shares during the last quarter. Finally, Amundi raised its stake in shares of ODDITY Tech by 17.8% during the 1st quarter. Amundi now owns 434,945 shares of the company’s stock valued at $5,820,000 after buying an additional 65,647 shares during the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.
ODDITY Tech Stock Down 6.0%
NASDAQ:ODD opened at $18.11 on Friday. The company has a market cap of $1.04 billion, a PE ratio of 75.46 and a beta of 2.38. ODDITY Tech has a twelve month low of $9.25 and a twelve month high of $63.56. The company has a current ratio of 3.45, a quick ratio of 2.11 and a debt-to-equity ratio of 2.21. The company’s 50 day moving average is $15.07 and its two-hundred day moving average is $14.18.
ODDITY Tech (NASDAQ:ODD – Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.08. The business had revenue of $180.52 million during the quarter, compared to analysts’ expectations of $178.23 million. ODDITY Tech had a net margin of 2.23% and a return on equity of 2.58%. The business’s quarterly revenue was down 24.9% on a year-over-year basis. During the same quarter last year, the company posted $0.92 earnings per share. Analysts anticipate that ODDITY Tech will post -0.15 EPS for the current year.
ODDITY Tech Company Profile
ODDITY Tech Ltd. is a technology and consumer products company focused on beauty and wellness. The company combines data science, artificial intelligence and digital commerce to develop, market and sell products directly to consumers, with an emphasis on personalized shopping experiences and digitally native brands.
ODDITY’s portfolio includes IL MAKIAGE, a digitally focused makeup brand known for personalized product recommendations, and SpoiledChild, a beauty and hair-care brand. Its offerings include cosmetics, skin-care, hair-care and related beauty products sold primarily through online channels.
Founded in 2018 by Oran Holtzman and Lihi Pinto Fryman, ODDITY is headquartered in New York and operates technology and research capabilities in Tel Aviv.
Featured Stories
- Five stocks we like better than ODDITY Tech
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
- Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike
Receive News & Ratings for ODDITY Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ODDITY Tech and related companies with MarketBeat.com's FREE daily email newsletter.
