Olaplex Holdings, Inc. (OLPX) has disclosed a new risk, in the Accounting & Financial Operations category.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Olaplex Holdings, Inc. faces uncertainty regarding the future benefit of its U.S. federal and state net operating loss carry-forwards, as post-2020 deductions are capped at 80% of taxable income under the Tax Cuts and Jobs Act. Moreover, any future “ownership change” under Sections 382 and 383 could significantly limit the utilization of these tax attributes and increase its effective tax burden.
Overall, Wall Street has a Hold consensus rating on OLPX stock based on 2 Buys, 1 Sell and 5 Holds.
To learn more about Olaplex Holdings, Inc.’s risk factors, click here.