Beauty Wellness (NASDAQ:Skin – Get Rating) was downgraded by Zacks Financial commitment Analysis from a “buy” ranking to a “hold” rating in a analysis notice issued to traders on Thursday, Zacks.com studies.
According to Zacks, “The Splendor Wellbeing Business is a natural beauty wellbeing enterprise. Its flagship manufacturer HydraFacial is a non-invasive and approachable magnificence wellbeing system and ecosystem with a highly effective local community of estheticians, buyers and associates, bridging healthcare and consumer retail to democratize and personalize skin care remedies for the masses. The Beauty Health Firm, formerly acknowledged as Vesper Healthcare Acquisition Corp., is dependent in CHICAGO, Utah. “
Other equities analysts also lately issued research studies about the stock. DA Davidson minimized their price tag objective on shares of Elegance Wellness from $35.00 to $24.00 in a research take note on Wednesday. Piper Sandler diminished their price target on shares of Magnificence Health and fitness from $26.00 to $24.00 in a investigation report on Wednesday. Benchmark greater their value aim on shares of Attractiveness Wellness from $18.00 to $23.00 and gave the corporation a “buy” ranking in a report on Monday, March 14th. Canaccord Genuity Group lowered their price tag goal on shares of Natural beauty Well being from $27.00 to $22.00 in a study report on Wednesday. Finally, JPMorgan Chase & Co. began coverage on shares of Natural beauty Wellbeing in a report on Friday, March 11th. They issued an “overweight” score and a $24.00 selling price goal on the inventory. Two financial investment analysts have rated the inventory with a maintain score and ten have assigned a buy score to the company’s inventory. According to MarketBeat, Natural beauty Well being presently has a consensus rating of “Buy” and an typical cost goal of $25.55.
Magnificence Overall health stock opened at $10.60 on Thursday. The business has a credit card debt-to-equity ratio of 2.41, a swift ratio of 12.63 and a latest ratio of 13.09. The stock’s 50 working day transferring common is $15.68 and its 200 day shifting average is $19.21. Elegance Health has a twelve thirty day period lower of $10.23 and a twelve thirty day period large of $30.17.
Elegance Wellbeing (NASDAQ:Pores and skin – Get Score) very last posted its quarterly earnings effects on Tuesday, May 10th. The corporation claimed ($.13) EPS for the quarter, missing analysts’ consensus estimates of $.01 by ($.14). The small business experienced income of $75.40 million throughout the quarter, compared to analyst estimates of $68.15 million. The company’s earnings was up 58.7% as opposed to the very same quarter past 12 months. On ordinary, exploration analysts foresee that Attractiveness Health will submit .09 EPS for the recent yr.
A amount of institutional buyers have just lately produced changes to their positions in the stock. HighTower Advisors LLC ordered a new position in shares of Elegance Well being in the course of the 1st quarter valued at $199,000. Cambridge Investment decision Exploration Advisors Inc. grew its situation in Natural beauty Health and fitness by 121.6% during the 1st quarter. Cambridge Investment Exploration Advisors Inc. now owns 26,102 shares of the company’s stock value $441,000 following obtaining an supplemental 14,323 shares during the very last quarter. JPMorgan Chase & Co. lifted its holdings in Natural beauty Health by 16.7% in the 1st quarter. JPMorgan Chase & Co. now owns 109,834 shares of the company’s inventory well worth $1,854,000 immediately after acquiring an further 15,695 shares through the time period. Jennison Associates LLC obtained a new posture in shares of Elegance Overall health in the 1st quarter valued at approximately $903,000. At last, CNA Monetary Corp lifted its stake in shares of Splendor Health and fitness by 27.3% in the 1st quarter. CNA Monetary Corp now owns 34,746 shares of the company’s inventory valued at $587,000 soon after purchasing an supplemental 7,451 shares during the period of time. Institutional investors and hedge cash individual 72.01% of the company’s inventory.
Magnificence Wellbeing Firm Profile (Get Ranking)
The Magnificence Overall health Organization patterns, develops, manufactures, markets, and sells aesthetic systems and merchandise worldwide. The firm’s flagship item contains HydraFacial that boost the pores and skin to cleanse, peel, exfoliate, extract, infuse, and hydrate the skin with proprietary alternatives and serums.
Get a absolutely free copy of the Zacks exploration report on Magnificence Well being (Pores and skin)
For more information and facts about study choices from Zacks Investment decision Research, check out Zacks.com
Obtain Information & Scores for Magnificence Wellness Each day – Enter your electronic mail handle under to receive a concise each day summary of the newest information and analysts’ scores for Splendor Well being and linked organizations with MarketBeat.com’s Cost-free day-to-day e mail e-newsletter.