Nisa Funding Advisors LLC Has $29,000 Place in The Magnificence Well being Firm (NASDAQ:SKIN)

Nisa Funding Advisors LLC lessened its place in shares of The Magnificence Well being Firm (NASDAQ:SKINGet Score) by 48.5% within the first quarter, based on its most up-to-date submitting with the SEC. The agency owned 1,700 shares of the corporate’s inventory after promoting 1,600 shares in the course of the quarter. Nisa Funding Advisors LLC’s holdings in Magnificence Well being have been price $29,000 on the finish of the newest quarter.

Plenty of different institutional traders and hedge funds have additionally added to or diminished their stakes in SKIN. Zurcher Kantonalbank Zurich Cantonalbank acquired a brand new stake in Magnificence Well being in the course of the 4th quarter valued at roughly $273,000. Envestnet Asset Administration Inc. acquired a brand new stake in Magnificence Well being in the course of the 4th quarter valued at roughly $321,000. Blair William & Co. IL acquired a brand new stake in Magnificence Well being in the course of the 4th quarter valued at roughly $390,000. Handelsbanken Fonder AB acquired a brand new stake in shares of Magnificence Well being in the course of the 4th quarter price roughly $394,000. Lastly, Brown Advisory Inc. acquired a brand new stake in shares of Magnificence Well being in the course of the 4th quarter price roughly $404,000. Institutional traders and hedge funds personal 72.01% of the corporate’s inventory.

Magnificence Well being Buying and selling Down 2.6 %

NASDAQ:SKIN opened at $13.32 on Monday. The corporate has a debt-to-equity ratio of two.14, a present ratio of 14.25 and a fast ratio of 13.57. The agency has a 50-day transferring common of $13.02 and a 200-day transferring common of $14.34. The corporate has a market cap of $1.99 billion, a PE ratio of -3.92 and a beta of 1.67. The Magnificence Well being Firm has a one 12 months low of $9.94 and a one 12 months excessive of $30.17.

Magnificence Well being (NASDAQ:SKINGet Score) final posted its earnings outcomes on Tuesday, Could tenth. The corporate reported ($0.06) EPS for the quarter, lacking the consensus estimate of ($0.01) by ($0.05). The enterprise had income of $75.40 million for the quarter, in comparison with the consensus estimate of $68.15 million. Magnificence Well being had a unfavourable return on fairness of 0.01% and a unfavourable internet margin of 117.84%. Magnificence Well being’s income was up 58.7% in comparison with the identical quarter final 12 months. As a bunch, equities analysis analysts count on that The Magnificence Well being Firm will publish 0.06 EPS for the present fiscal 12 months.

Analyst Upgrades and Downgrades

A number of analysts have lately commented on the inventory. DA Davidson diminished their worth goal on shares of Magnificence Well being from $35.00 to $24.00 in a analysis report on Wednesday, Could eleventh. Piper Sandler diminished their worth goal on shares of Magnificence Well being from $24.00 to $22.00 and set an “chubby” ranking for the corporate in a analysis report on Friday, July eighth. Canaccord Genuity Group diminished their worth goal on shares of Magnificence Well being from $22.00 to $20.00 in a analysis report on Thursday, June thirtieth. Lastly, Canaccord Genuity Group diminished their worth goal on shares of Magnificence Well being from $22.00 to $20.00 and set a “purchase” ranking for the corporate in a analysis report on Thursday, June thirtieth. One analysis analyst has rated the inventory with a maintain ranking and 9 have issued a purchase ranking to the corporate. In line with MarketBeat.com, the corporate at present has a consensus ranking of “Reasonable Purchase” and a consensus goal worth of $24.78.

Magnificence Well being Profile

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The Magnificence Well being Firm designs, develops, manufactures, markets, and sells aesthetic applied sciences and merchandise worldwide. The corporate’s flagship product contains 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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Institutional Ownership by Quarter for Beauty Health (NASDAQ:SKIN)

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