Oddity Tech (ODD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual ...

Core Points - ODDITY Tech Ltd. has announced a transaction to repurchase approximately 2.35 million Class A Ordinary Shares for about $100 million at a price of $42.501 per share, funded from existing cash resources [1][2] - The board of directors believes the repurchase is in the best interest of the company due to its strong balance sheet and current circumstances, and this transaction is separate from the ongoing share buyback plan [2][3] - Following the transaction, L Catterton will own around 4 million shares, equating to approximately 7% of the company's outstanding shares as of September 30, 2024 [3] Financial Position - As of September 30, 2024, ODDITY held $248 million in cash, cash equivalents, and investments, along with an undrawn credit facility of $100 million, and has no financial debt [4] - For the 12 months ending September 30, 2024, the company generated $127 million in free cash flow, with $130 million from operations and $3 million in capital expenditures [5][10] - The company has repurchased a total of $147 million of its shares year-to-date, including $47 million under the standing share buyback plan [3] Business Overview - ODDITY is a consumer tech company focused on building and scaling digital-first brands in the beauty and wellness sectors, serving approximately 50 million users through its AI-driven platform [12] - The company operates with headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston [12]

Oddity Tech (ODD) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this online retailer of cosmetics and beauty products would post earnings of $0.67 per share when it actually produced earnings of $0.82, delivering a surprise of 22.39%.Over ...

● . . | --- | --- | |--------------------------------------------------------------------------------------------|-------| | | | | INVESTOR COUNSEL, Encourages Oddity Tech Ltd. Investors to Secure Counsel Before Important | | | September 17 Deadline in Securities Class Action - | | September 17, 2024 10:45 AM EDT | Source: The Rosen Law Firm PA New York, New York--(Newsfile Corp. - September 17, 2024) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Oddity Tech L ...

New York, New York--(Newsfile Corp. - September 17, 2024) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ODDITY Tech Ltd. ("ODDITY" or "the Company") (NASDAQ: ODD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ODDITY securities bet ...

NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Oddity Tech Ltd. (NASDAQ: ODD) between July 19, 2023 and May 20, 2024, both dates inclusive (the "Class Period"), of the important September 17, 2024 lead plaintiff deadline. SO WHAT: If you purchased Oddity securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT T ...

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ODDITY Tech Ltd. (NASDAQ: ODD). Shareholders who purchased shares of ODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/oddity-tech-loss-submission-form/?id=102411&from=4 CLASS PERIOD: July 19, 2023 to May ...

Core Viewpoint - A class action lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its business practices and financial health [1][4]. Company Overview - Oddity Tech Ltd. is headquartered in Tel Aviv, Israel, and operates as a consumer tech platform aimed at transforming the global beauty and wellness market through an AI-driven online platform [3]. Lawsuit Details - The lawsuit covers purchasers of Oddity securities from July 19, 2023, to May 20, 2024, with a deadline of September 17, 2024, for investors to seek lead plaintiff status [2]. - The lawsuit claims that a report by NINGI Research accused Oddity of misleading investors about critical aspects of its business, including the nature of its AI technology and undisclosed legal issues [4]. Financial Impact - Following the allegations, Oddity's share price dropped by $3.02, or 7.37%, closing at $37.97 on May 21, 2024, and continued to decline by an additional $1.30, or 3.42%, over the next two trading sessions [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Oddity To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in Oddity stock or options between July 19, 2023 and May 20, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sep ...

Oddity Tech (ODD) shares ended the last trading session 7.4% higher at $35.40. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.3% loss over the past four weeks. Oddity Tech is benefiting from strong revenue growth, fueled by a 6% increase in average order value in second quarter of 2024 and steady momentum from both IL MAKIAGE and SpoiledChild brands. This online retailer of cosmetics and beauty products is expe ...