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 ...

Company Overview - Oddity Tech (ODD) shares increased by 7.4% to $35.40 in the last trading session, following a significant trading volume, contrasting with a 16.3% decline over the past four weeks [1] - The company is experiencing strong revenue growth, driven by a 6% increase in average order value in Q2 2024 and consistent performance from its brands IL MAKIAGE and SpoiledChild [1] Earnings Expectations - Oddity Tech is projected to report quarterly earnings of $0.22 per share, reflecting a year-over-year increase of 4.8% [2] - Expected revenues for the upcoming quarter are $115.79 million, which represents a 22.6% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Oddity Tech has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting positive market sentiment [3] Industry Context - Oddity Tech operates within the Zacks Internet - Software industry, where another company, Alight, Inc. (ALIT), saw a 1.3% increase in its stock price, closing at $7.16, with a 4% return over the past month [3] - Alight's consensus EPS estimate has remained unchanged at $0.10, representing a year-over-year decline of 28.6%, and it currently holds a Zacks Rank of 4 (Sell) [4]

Core Viewpoint - Oddity Tech (ODD) is currently viewed as a more attractive investment option compared to Palo Alto Networks (PANW) for value investors, based on various valuation metrics and earnings estimate revisions [1][3][7]. Valuation Metrics - ODD has a forward P/E ratio of 18.73, significantly lower than PANW's forward P/E of 54.71, indicating that ODD may be undervalued [5]. - The PEG ratio for ODD is 0.93, while PANW's PEG ratio is 2.83, suggesting that ODD offers better value relative to its expected earnings growth [5]. - ODD's P/B ratio stands at 5.01, compared to PANW's P/B of 21.52, further highlighting ODD's more favorable valuation [6]. Analyst Outlook - ODD holds a Zacks Rank of 2 (Buy), indicating a positive analyst outlook, while PANW has a Zacks Rank of 3 (Hold), suggesting a less favorable view [3]. - The estimate revision activity for ODD has been stronger than that of PANW, contributing to a more optimistic perspective for ODD among investors [7]. Value Grades - ODD has been assigned a Value grade of B, whereas PANW has a Value grade of D, reflecting the relative attractiveness of their valuations [6].

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- 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=101240&from=3 CLASS PERIOD: July 19, 2023 to ...

Core Viewpoint - A lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its AI technology, sales practices, and ongoing litigation issues [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Oddity securities between July 19, 2023, and May 20, 2024 [1]. - Investors can seek to be appointed as lead plaintiff representative by September 17, 2024 [2]. Group 2: Allegations Against Oddity - The complaint claims that Oddity overstated its AI technology and its impact on sales [3]. - It is alleged that Oddity's revenue was partly derived from unsustainable sales practices [3]. - The company reportedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries [3]. Group 3: Impact of NINGI Research Report - A report from NINGI Research accused Oddity of misleading investors about critical business aspects, including the nature of its AI technology [4]. - The report claimed that Oddity's repeat purchase rates were due to customers entering non-cancelable plans unknowingly [4]. - Following the report, Oddity's share price dropped by $3.02 (7.37%) to close at $37.97 on May 21, 2024, and continued to decline by an additional $1.30 (3.42%) over the next two trading sessions [4].

NEW YORK, Sept. 05, 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 Tech 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. W ...

LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Oddity Tech Ltd. ("Oddity" or "the Company") (NASDAQ: ODD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of ODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plai ...

NEW YORK , Sept. 5, 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=100119&from=4 CLASS PERIOD: July 19, 2023 to May ...

SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Oddity Tech Ltd. (NASDAQ: ODD) securities between July 19, 2023 and May 20, 2024. Oddity describes itself as "a consumer tech platform that is built to transform the global beauty and wellness market." For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegati ...

NEW YORK, Sept. 01, 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 Tech 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. W ...