The Beauty Health Company (NASDAQ:SKIN – Free Report)’s stock is set to reverse split before the market opens on Wednesday, October 14th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, October 13th.
Beauty Health Price Performance
Shares of SKIN stock opened at $0.55 on Friday. Beauty Health has a 12 month low of $0.50 and a 12 month high of $1.74. The company has a market capitalization of $71.58 million, a P/E ratio of -2.50 and a beta of 1.05. The stock has a 50 day moving average of $0.66 and a two-hundred day moving average of $0.74. The company has a current ratio of 1.76, a quick ratio of 1.48 and a debt-to-equity ratio of 4.36.
Beauty Health (NASDAQ:SKIN – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). The company had revenue of $72.11 million for the quarter, compared to analyst estimates of $74.45 million. Beauty Health had a negative return on equity of 47.83% and a negative net margin of 9.79%. As a group, equities analysts expect that Beauty Health will post -0.16 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on SKIN
Hedge Funds Weigh In On Beauty Health
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE raised its stake in Beauty Health by 19.2% during the first quarter. Bank of America Corp DE now owns 106,242 shares of the company’s stock worth $95,000 after acquiring an additional 17,088 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Beauty Health by 29.6% in the 1st quarter. Renaissance Technologies LLC now owns 283,791 shares of the company’s stock valued at $253,000 after purchasing an additional 64,900 shares in the last quarter. Capricorn Fund Managers Ltd bought a new stake in shares of Beauty Health in the 1st quarter worth about $17,270,000. Finally, Diversified Trust Co bought a new stake in shares of Beauty Health in the 1st quarter worth about $25,000. Institutional investors own 93.26% of the company’s stock.
Beauty Health Company Profile
BeautyHealth is a global health and beauty company focused on creating technology-enabled products and experiences for skin health. Its primary brand is Hydrafacial, which offers non-invasive skin treatments that combine cleansing, exfoliation, extraction and hydration with professional-grade devices, serums and treatment boosters.
The company also provides products and systems designed for complementary aesthetic and wellness applications, including Syndeo, a connected Hydrafacial delivery system; Keravive, a scalp-health treatment; and SkinStylus, a microneedling platform.
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