Shares of Oddity Tech Ltd. (NASDAQ:ODD – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $53.63.
Several research analysts recently commented on ODD shares. JMP Securities reaffirmed a “market outperform” rating and issued a $66.00 price target on shares of Oddity Tech in a research note on Thursday, March 7th. Bank of America increased their price objective on Oddity Tech from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Evercore ISI started coverage on Oddity Tech in a report on Thursday, April 4th. They set an “outperform” rating and a $57.00 price objective on the stock. Barclays lowered their target price on Oddity Tech from $46.00 to $44.00 and set an “equal weight” rating for the company in a report on Friday, April 12th. Finally, Morgan Stanley raised their price target on Oddity Tech from $35.00 to $47.00 and gave the company an “equal weight” rating in a research note on Thursday, March 7th.
Check Out Our Latest Research Report on Oddity Tech
Institutional Investors Weigh In On Oddity Tech
Oddity Tech Price Performance
Oddity Tech stock opened at $33.17 on Friday. Oddity Tech has a 1-year low of $24.12 and a 1-year high of $56.00. The company’s 50-day moving average is $40.60 and its 200 day moving average is $38.66. The firm has a market capitalization of $1.89 billion and a P/E ratio of 32.52.
Oddity Tech (NASDAQ:ODD – Get Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. Oddity Tech had a return on equity of 26.22% and a net margin of 11.51%. The company had revenue of $97.25 million during the quarter, compared to analysts’ expectations of $86.38 million. Research analysts anticipate that Oddity Tech will post 1.22 earnings per share for the current fiscal year.
About Oddity Tech
Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.
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