Oddity Tech (ODD) Scheduled to Post Earnings on Tuesday

Oddity Tech (NASDAQ:ODD) is set to post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Oddity Tech to post 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.Persons interested in registering for the company’s earnings conference call can do so using this link.

Oddity Tech (NASDAQ:ODD) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The firm 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 Performance

ODD stock opened at $33.60 on Monday. The firm has a market cap of $1.91 billion and a PE ratio of 32.94. The firm’s 50 day moving average price is $39.37 and its 200-day moving average price is $38.75. Oddity Tech has a one year low of $24.12 and a one year high of $56.00.

Analyst Ratings Changes

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

Oddity Tech Company Profile

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.