Q4 2021 EPS Estimates for The Beauty Health Company (NASDAQ:SKIN) Decreased by Analyst

The Beauty Health Company (NASDAQ:SKIN) – Stock analysts at Jefferies Financial Group reduced their Q4 2021 EPS estimates for Beauty Health in a research report issued on Monday, January 10th. Jefferies Financial Group analyst S. Wissink now anticipates that the company will post earnings of ($0.03) per share for the quarter, down from their prior estimate of ($0.02).

Beauty Health (NASDAQ:SKIN) last announced its quarterly earnings results on Monday, November 8th. The company reported ($1.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($1.60). The company had revenue of $68.15 million during the quarter, compared to analysts’ expectations of $59.57 million.

Several other equities research analysts have also recently issued reports on SKIN. Stifel Nicolaus started coverage on Beauty Health in a report on Thursday, October 7th. They issued a “buy” rating and a $33.00 price objective on the stock. Cowen started coverage on Beauty Health in a report on Monday, October 4th. They issued an “outperform” rating and a $32.00 price objective on the stock. Raymond James started coverage on Beauty Health in a report on Thursday, December 23rd. They issued a “market perform” rating on the stock. DA Davidson lifted their price objective on Beauty Health from $26.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, November 10th. Finally, Zacks Investment Research upgraded Beauty Health from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a report on Thursday. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $28.22.

SKIN stock opened at $15.24 on Thursday. Beauty Health has a 12-month low of $9.71 and a 12-month high of $30.17. The business’s 50-day moving average is $24.01 and its 200 day moving average is $23.53.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its holdings in Beauty Health by 47.5% in the third quarter. PNC Financial Services Group Inc. now owns 1,962 shares of the company’s stock valued at $50,000 after acquiring an additional 632 shares during the last quarter. Emfo LLC acquired a new position in Beauty Health in the third quarter valued at approximately $78,000. Logan Capital Management Inc. acquired a new position in Beauty Health in the third quarter valued at approximately $78,000. First Mercantile Trust Co. acquired a new position in Beauty Health in the third quarter valued at approximately $82,000. Finally, Ameritas Investment Partners Inc. acquired a new position in Beauty Health in the second quarter valued at approximately $61,000. Hedge funds and other institutional investors own 62.08% of the company’s stock.

Beauty Health Company Profile

Edge Systems, LLC designs, develops, manufactures, markets, and sells aesthetic technologies and products. It offers hydradermabrasion system that enhances the skin to cleanse, exfoliate, extract, and hydrate simultaneously; Hydraglucan Intense Hydration Booster, a customization for the HydraFacial treatment exfoliates the skin by improving cell renewal and delivers ingredients, including hyaluronic acid, glucan, and betaine to hydrate the skin and provide anti-aging benefits; HydraFacial Daily Essentials, which provides detoxification, rejuvenation, and protection of skin; crystal microdermabrasion systems; and light emitting diode systems.

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Earnings History and Estimates for Beauty Health (NASDAQ:SKIN)

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