Analysts Set Oddity Tech Ltd. (NASDAQ:ODD) PT at $49.29

Shares of Oddity Tech Ltd. (NASDAQ:ODDGet Free Report) have received an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $49.29.

ODD has been the topic of a number of recent research reports. Morgan Stanley dropped their price objective on Oddity Tech from $57.00 to $35.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Truist Financial increased their price objective on Oddity Tech from $54.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Barclays increased their price objective on Oddity Tech from $34.00 to $42.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 16th.

Check Out Our Latest Stock Report on ODD

Hedge Funds Weigh In On Oddity Tech

Several institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC bought a new position in Oddity Tech during the 3rd quarter worth approximately $33,000. TFC Financial Management Inc. bought a new position in Oddity Tech during the 3rd quarter worth approximately $51,000. M&T Bank Corp bought a new position in Oddity Tech during the 4th quarter worth approximately $203,000. Qube Research & Technologies Ltd bought a new position in Oddity Tech during the 3rd quarter worth approximately $163,000. Finally, Legato Capital Management LLC bought a new position in Oddity Tech during the 4th quarter worth approximately $336,000.

Oddity Tech Stock Performance

Shares of NASDAQ:ODD opened at $44.81 on Tuesday. The business has a fifty day moving average price of $42.87 and a two-hundred day moving average price of $38.62. Oddity Tech has a 1 year low of $24.12 and a 1 year high of $56.00.

Oddity Tech (NASDAQ:ODDGet Free Report) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.06 EPS for the quarter. Oddity Tech had a return on equity of 31.25% and a net margin of 11.02%. The firm had revenue of $94.47 million for the quarter, compared to analysts’ expectations of $87.97 million. As a group, sell-side analysts anticipate that Oddity Tech will post 0.94 EPS for the current fiscal year.

Oddity Tech Company Profile

(Get Free Report

Oddity Tech Ltd. operates as a consumer tech company that builds and scales digital-first brands to disrupt beauty and wellness industries. The company serves consumers worldwide through its AI-driven online platform, deploying data science to identify consumer needs, and developing solutions in the form of beauty and wellness products.

Further Reading

Analyst Recommendations for Oddity Tech (NASDAQ:ODD)

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