Panorama Capital Administration L.L.C. grew its place in The Magnificence Well being Firm (NASDAQ:SKIN – Get Ranking) by 18.4% in the course of the third quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The institutional investor owned 59,198 shares of the corporate’s inventory after buying an extra 9,208 shares in the course of the interval. Panorama Capital Administration L.L.C.’s holdings in Magnificence Well being have been price $698,000 on the finish of the latest quarter.
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Different hedge funds and different institutional buyers have additionally made adjustments to their positions within the firm. Mizuho Markets Americas LLC boosted its holdings in shares of Magnificence Well being by 4.3% within the second quarter. Mizuho Markets Americas LLC now owns 613,391 shares of the corporate’s inventory valued at $7,888,000 after buying an extra 25,550 shares within the final quarter. Skylands Capital LLC boosted its holdings in Magnificence Well being by 12.4% in the course of the second quarter. Skylands Capital LLC now owns 31,350 shares of the corporate’s inventory price $403,000 after shopping for an extra 3,450 shares within the final quarter. Zazove Associates LLC bought a brand new stake in Magnificence Well being in the course of the third quarter price about $4,037,000. Woodline Companions LP boosted its holdings in Magnificence Well being by 16.3% in the course of the second quarter. Woodline Companions LP now owns 1,164,367 shares of the corporate’s inventory price $14,974,000 after shopping for an extra 163,375 shares within the final quarter. Lastly, Verition Fund Administration LLC bought a brand new stake in Magnificence Well being in the course of the first quarter price about $598,000. Hedge funds and different institutional buyers personal 78.37% of the corporate’s inventory.
Magnificence Well being Inventory Efficiency
NASDAQ:SKIN opened at $10.95 on Friday. The agency has a 50 day easy transferring common of $10.00 and a 200-day easy transferring common of $11.54. The corporate has a debt-to-equity ratio of two.84, a present ratio of 11.68 and a fast ratio of 10.34. The agency has a market cap of $1.57 billion, a PE ratio of -33.18 and a beta of 1.07. The Magnificence Well being Firm has a 1-year low of $8.25 and a 1-year excessive of $20.49.
Magnificence Well being (NASDAQ:SKIN – Get Ranking) final posted its quarterly earnings information on Tuesday, November eighth. The corporate reported $0.02 earnings per share for the quarter, assembly analysts’ consensus estimates of $0.02. The enterprise had income of $88.79 million in the course of the quarter, in comparison with analyst estimates of $80.41 million. Magnificence Well being had a web margin of 6.73% and a return on fairness of 1.06%. On common, equities analysts count on that The Magnificence Well being Firm will publish -0.2 EPS for the present yr.
Wall Road Analyst Weigh In
A lot of analysis companies just lately commented on SKIN. JPMorgan Chase & Co. downgraded shares of Magnificence Well being from an “obese” ranking to a “impartial” ranking and decreased their value goal for the inventory from $22.00 to $11.00 in a report on Wednesday, November ninth. Piper Sandler diminished their value goal on shares of Magnificence Well being from $16.00 to $15.00 in a report on Friday, December sixteenth. DA Davidson upped their value goal on shares of Magnificence Well being to $32.00 in a report on Tuesday, November fifteenth. Lastly, The Goldman Sachs Group diminished their value goal on shares of Magnificence Well being from $22.00 to $19.00 and set a “purchase” ranking on the inventory in a report on Wednesday, November twenty third. One analyst has rated the inventory with a maintain ranking and 5 have given a purchase ranking to the inventory. In accordance with information from MarketBeat.com, Magnificence Well being has a median ranking of “Average Purchase” and a median goal value of $20.00.
About Magnificence Well being
(Get Ranking)
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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