Weekly Recap | Oddity Tech -0.93%, most brokers rate it hold

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Oddity Tech fell 0.93% this week to close at $18.11, trailing the S&P 500’s 0.08% dip by roughly 0.85 percentage points. Trading was choppy: an up day on Monday to $18.82, a pullback to $17.95 on Tuesday, a bounce through Wednesday and Thursday that peaked at $19.51, then a fade on Friday to $18.11. There was no major catalyst this week. Volume ran about 135% above its recent median, so activity picked up even as the stock went nowhere.

The Week

Oddity Tech fell 0.93% this week to close at $18.11, trailing the S&P 500’s 0.08% dip by roughly 0.85 percentage points. Trading was choppy: an up day on Monday to $18.82, a pullback to $17.95 on Tuesday, a bounce through Wednesday and Thursday that peaked at $19.51, then a fade on Friday to $18.11. There was no major catalyst this week. Volume ran about 135% above its recent median, so activity picked up even as the stock went nowhere.

Analyst Ratings

Ten institutions cover Oddity Tech: 7 rate it hold, 2 under, and 1 sell. There are no buy or over ratings. The consensus rating is hold, with a consensus target of $14.93, about 17.6% below the latest price. Individual targets range from $9.00 to $21.00, a wide spread. Within the personal care products industry, the stock ranks 6th, in the upper-middle of its peer group.

The Week Ahead

Next week’s US macro calendar includes the Richmond Fed composite index on Tuesday, weekly crude and Cushing inventories on Wednesday, and initial jobless claims, the current account balance, new home sales, and natural gas storage on Thursday. On the valuation side, the stock trades at around 55x earnings and 3.43x book.

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