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How to Buy Beauty Health Co Stock

Beauty Health Co

The Beauty Health Company designs, develops, manufactures, markets, and sells aesthetic technologies and products worldwide.

Beauty Health Co stock last closed at $4.53, up 4.14% from the previous day, and has decreased 61.38% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.67 percentage points. Beauty Health Co stock is currently +235.56% from its 52-week low of $1.35, and -67.41% from its 52-week high of $13.90.

As of Mar 27, 2024, there are 123.43M SKIN shares outstanding. The market capitalization of SKIN is $559.13M. In the last 24 hours, 1.97M SKIN shares were traded.

How to Buy Beauty Health Co Stock

Not sure how to invest in Beauty Health Co stock? Here's how.
  1. Figure out where to buy Beauty Health Co stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Beauty Health Co stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Pick your payment method and add your details.
  4. Analyze Beauty Health Co stock: The Beauty Health Co ticker symbol is SKIN. Is Beauty Health Co stock a good investment? Should you buy shares of SKIN? How do SKIN's underlying business fundamentals look? Do top analysts think Beauty Health Co is a good buy? Why has SKIN's stock price moved recently? (Hint: Our stock market analysis website can help you understand if SKIN is a good stock to buy).
  5. Make your SKIN trade: Decide if you will purchase SKIN shares at the current market price or use a limit order to buy SKIN stock at a particular price.
  6. Keep an eye on your SKIN position: Create a watchlist to important updates regarding your new investment in Beauty Health Co stock.

Step 1: Figure out where to buy Beauty Health Co stock

You will need a brokerage account to access the NASDAQ market and buy SKIN stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

Open eToro Account
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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal details so you can buy SKIN stock today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal details to open a new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you have filled out your info on stock market apps, you can securely and quickly fund your account:

Watch this video walkthrough for more details transferring funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Beauty Health Co stock

After you have figured out the best place to buy Beauty Health Co stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk as well as the upside.

Beauty Health Co shares data

SKIN Price
$4.53
1w %
3.9%
1y %
-61.38%
5y %
N/A
P/E
-5.96x
P/B
9.41x
P/S
1.5x
PEG
N/A
Revenue
$397.99M
Earnings
-$100.12M
Fore. Rev. Growth
6.23%
Fore. Earn. Growth
N/A
Market Cap
$559.13M
Next Earnings
May 8, 2024
Next Dividend
N/A

Beauty Health Co Due Diligence Checks

WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on SKIN's stock page.

What is the fair value of SKIN stock?

You can use many financial metrics, analyses, models, and charts to gauge SKIN's true value.

Using relative valuations methods:

  • SKIN may be overvalued based on its P/B ratio of 9.41x, relative to Household & Personal Products industry P/B ratio of 7.53x

You can do additional valuation research on SKIN's stock here.

SKIN Financial Health

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the SKIN balance sheet.

Failed Health Checks:

  • SKIN's operating cash flow of $21.75M allows it to safely service it's debt of $752.29M.
  • SKIN has a relatively high debt to equity ratio of 14.64.
  • There are more long-term liabilities than short-term assets on the SKIN balance sheet.
  • SKIN profit margin has gone down from 12.1% to -25.2% in the past year.
  • SKIN earnings of -$88.24M is not enough to cover its interest payments.

Is SKIN stock a Buy, Hold, or Sell, according to analysts?

Out of 6 Equities analysts who track SKIN, the consensus analyst rating on Beauty Health Co is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Latest SKIN Analyst Forecasts

Ashley Helgans, a bottom 12% analyst from Jefferies downgrades SKIN to a hold rating and lowers their SKIN price target from $11.00 to $1.50, on Nov 15, 2023.

You can dig deeper into what analysts are projecting on the Beauty Health Co stock forecast page.

SKIN Technical Indicators

SMA10
4.11
SMA20
3.87
SMA50
3.32
SMA100
3.14
SMA200
4.96
MACD
0.31
MACD Signal
0.26
MACD Histogram
0.05
RSI
65.13
Stochastic %K
51.09
Stochastic %D
49.43
StochRSI %K
47.18
StochRSI %D
47.84

SKIN Growth Metrics

Last year, SKIN revenue was $397.99M. During the past five year, SKIN's revenue has gone up by 28.79% per year. This was faster than the Household & Personal Products industry average of 4.39%.

Learn more about SKIN's earnings and revenue performance here.

Are SKIN executives and large shareholders buying or selling the stock?

Over the last year, executives and large shareholders at SKIN have bought more shares than they have sold.

Michael D. Capellas, Director of SKIN, was the latest SKIN insider to buy. They bought $180,960.00 worth of SKIN stock on Aug 17, 2023.

Get more info about who owns SKIN stock here.

Does SKIN stock generate passive income?

No, Beauty Health Co doesn't provide an income stream by paying out dividends.

What do other traders have to say about SKIN?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your SKIN trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, place a limit order.

Press the Open button and your broker will place the order.

If you want more assistance investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your SKIN position

Now that you own some SKIN shares, you'll want to keep up with your stock purchase.

Make a watchlist to get notified of important updates regarding your SKIN stock.

SKIN Feed

How to Buy Stock in Beauty Health Co

To reiterate, here are the 6 steps for buying Beauty Health Co stock:

  1. Figure out where to buy Beauty Health Co stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Beauty Health Co stock
  5. Make your SKIN trade
  6. Keep an eye on your SKIN position

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Beauty Health Co, add SKIN to your watchlist below.

NASDAQ: SKIN
$4.53+0.18 (+4.14%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SKIN
$4.53+0.18 (+4.14%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Beauty Health Co share?

As of Mar 27, 2024, it costs $4.53 to buy one share of Beauty Health Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.442 shares of SKIN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Beauty Health Co stock?

According to 6 Wall Street analysts who monitor Beauty Health Co, their consensus recommendation is to hold Beauty Health Co stock.

What is the best way to buy Beauty Health Co stock?

One way to place an order for Beauty Health Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.