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

The Beauty Health Company (NASDAQ:SKIN) – Equities research analysts at Jefferies Financial Group lowered their Q4 2021 EPS estimates for Beauty Health in a research report issued to clients and investors on Monday, January 10th. Jefferies Financial Group analyst S. Wissink now expects that the company will earn ($0.03) per share for the quarter, down from their previous estimate of ($0.02).

Several other research firms also recently weighed in on SKIN. DA Davidson increased their price target on Beauty Health from $26.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, November 10th. Cowen initiated coverage on Beauty Health in a research note on Monday, October 4th. They issued an “outperform” rating and a $32.00 target price for the company. Raymond James initiated coverage on Beauty Health in a research note on Thursday, December 23rd. They issued a “market perform” rating for the company. Stifel Nicolaus initiated coverage on Beauty Health in a research note on Thursday, October 7th. They issued a “buy” rating and a $33.00 target price for the company. Finally, William Blair initiated coverage on Beauty Health in a research note on Friday, January 7th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $28.22.

SKIN stock opened at $15.24 on Thursday. Beauty Health has a fifty-two week low of $9.71 and a fifty-two week high of $30.17. The stock has a fifty day moving average of $24.01 and a 200-day moving average of $23.53.

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

Institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. raised its holdings in shares of Beauty Health by 47.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,962 shares of the company’s stock valued at $50,000 after buying an additional 632 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in shares of Beauty Health during the 2nd quarter valued at about $61,000. Advisory Services Network LLC purchased a new position in shares of Beauty Health during the 2nd quarter valued at about $69,000. Emfo LLC purchased a new position in shares of Beauty Health during the 3rd quarter valued at about $78,000. Finally, Logan Capital Management Inc. purchased a new position in shares of Beauty Health during the 3rd quarter valued at about $78,000. Hedge funds and other institutional investors own 62.08% of the company’s stock.

About Beauty Health

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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