Magnificence Well being (NASDAQ:SKIN – Get Score) had its worth goal decreased by funding analysts at Canaccord Genuity Group from $22.00 to $20.00 in a analysis report issued to shoppers and buyers on Thursday, The Fly studies. Canaccord Genuity Group’s worth goal would counsel a possible upside of 55.40% from the inventory’s present worth.
Different equities analysis analysts additionally lately issued analysis studies in regards to the inventory. DA Davidson minimize their goal worth on shares of Magnificence Well being from $35.00 to $24.00 in a analysis report on Wednesday, Might eleventh. JPMorgan Chase & Co. assumed protection on shares of Magnificence Well being in a analysis report on Friday, March eleventh. They issued an “obese” score and a $24.00 goal worth for the corporate. Benchmark lifted their goal worth on shares of Magnificence Well being from $18.00 to $23.00 and gave the inventory a “purchase” score in a analysis report on Monday, March 14th. Piper Sandler minimize their worth goal on shares of Magnificence Well being from $26.00 to $24.00 in a analysis report on Wednesday, Might eleventh. Lastly, Canaccord Genuity Group lowered their goal worth on shares of Magnificence Well being from $22.00 to $20.00 and set a “purchase” score on the inventory in a analysis be aware on Thursday. One analyst has rated the inventory with a maintain score and ten have given a purchase score to the corporate’s inventory. Based on MarketBeat.com, the inventory has a consensus score of “Reasonable Purchase” and a median worth goal of $24.70.
Shares of NASDAQ SKIN opened at $12.87 on Thursday. Magnificence Well being has a twelve month low of $9.94 and a twelve month excessive of $30.17. The agency has a market cap of $1.93 billion, a P/E ratio of -3.79 and a beta of 1.71. The corporate has a 50 day shifting common of $12.77 and a 200 day shifting common of $15.64. The corporate has a fast ratio of 13.57, a present ratio of 14.25 and a debt-to-equity ratio of two.14.
Magnificence Well being (NASDAQ:SKIN – Get Score) final posted its earnings outcomes on Tuesday, Might tenth. The corporate reported ($0.06) EPS for the quarter, lacking analysts’ consensus estimates of ($0.01) by ($0.05). Magnificence Well being had a damaging return on fairness of 0.01% and a damaging internet margin of 117.84%. The corporate had income of $75.40 million through the quarter, in comparison with the consensus estimate of $68.15 million. The agency’s income was up 58.7% on a year-over-year foundation. As a gaggle, equities analysts count on that Magnificence Well being will publish 0.06 earnings per share for the present fiscal 12 months.
Quite a few giant buyers have lately modified their holdings of SKIN. Morgan Stanley grew its holdings in Magnificence Well being by 449.9% through the third quarter. Morgan Stanley now owns 392,878 shares of the corporate’s inventory valued at $10,203,000 after buying an extra 321,432 shares over the last quarter. Squarepoint Ops LLC purchased a brand new place in Magnificence Well being within the third quarter value about $411,000. American Worldwide Group Inc. grew its stake in Magnificence Well being by 83.5% within the third quarter. American Worldwide Group Inc. now owns 47,737 shares of the corporate’s inventory value $1,240,000 after buying an extra 21,723 shares within the final quarter. First Mercantile Belief Co. purchased a brand new place in Magnificence Well being within the third quarter value about $82,000. Lastly, Lindbrook Capital LLC purchased a brand new place in Magnificence Well being within the 4th quarter value about $74,000. Institutional buyers personal 72.01% of the corporate’s inventory.
Magnificence Well being Firm Profile (Get Score)
The Magnificence Well being Firm designs, develops, manufactures, markets, and sells aesthetic applied sciences and merchandise worldwide. The corporate’s flagship product consists of HydraFacial that improve the pores and skin to cleanse, peel, exfoliate, extract, infuse, and hydrate the pores and skin with proprietary options and serums.
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