Oddity Tech (ODD) Scheduled to Post Earnings on Tuesday

Oddity Tech (NASDAQ:ODD) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Oddity Tech has set its Q1 guidance at $0.47-$0.50 EPS and its FY24 guidance at $1.49-$1.54 EPS.Parties interested in registering for the company’s conference call can do so using this link.

Oddity Tech (NASDAQ:ODD) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.05. The company had revenue of $97.25 million for the quarter, compared to analyst estimates of $86.38 million. Oddity Tech had a net margin of 11.51% and a return on equity of 26.22%. On average, analysts expect Oddity Tech to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Oddity Tech Stock Down 0.2 %

Shares of ODD opened at $33.60 on Monday. The company’s fifty day moving average is $39.37 and its two-hundred day moving average is $38.75. Oddity Tech has a fifty-two week low of $24.12 and a fifty-two week high of $56.00. The firm has a market cap of $1.91 billion and a PE ratio of 32.94.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Evercore ISI assumed coverage on shares of Oddity Tech in a research note on Thursday, April 4th. They issued an “outperform” rating and a $57.00 target price on the stock. Morgan Stanley lifted their price target on shares of Oddity Tech from $35.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 7th. Barclays dropped their price target on shares of Oddity Tech from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, April 12th. Bank of America lifted their price target on shares of Oddity Tech from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $66.00 price target on shares of Oddity Tech in a research note on Thursday, March 7th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $53.63.

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.