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 $8.40, down 13.13% from the previous day, and has decreased 38.78% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.35 percentage points. Beauty Health Co stock is currently +2.44% from its 52-week low of $8.20, and -47.57% from its 52-week high of $16.02.
At the moment, there are 132.65M shares of SKIN outstanding. The market capitalization of SKIN is $1.11B. In the past 24 hours, 6.2M SKIN shares were traded.
How to Buy Beauty Health Co Stock
Not sure how to invest in Beauty Health Co stock? Here's how.
- Figure out where to buy Beauty Health Co stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Beauty Health Co stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- 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 research tools can help you evaluate if SKIN is a good stock to buy).
- Make your SKIN trade: Decide if you will purchase SKIN shares at the current market price or use a limit order to purchase SKIN shares at a particular price.
- Keep an eye on your SKIN position: Create a watchlist to monitor your new investment in Beauty Health Co shares.
Step 1: Figure out where to buy Beauty Health Co stock
You need a brokerage account to access the NASDAQ market and buy SKIN shares.
Our recommended brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in SKIN stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Input your personal data to open your new trading account.
- Send your details by pressing the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on one of the best stock apps, you need to deposit funds:
Watch this video walkthrough for more details transferring funds into your investment account.
Step 4: Analyze Beauty Health Co stock
Once you have decided on the best place to buy Beauty Health Co stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk and upside.
Beauty Health Co shares quick numbers
Beauty Health Co Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis.
You can see all of the due diligence checks on SKIN's stock page.
What is the fair value of SKIN stock?
Investors use many financial metrics, analyses, models, and charts to gauge SKIN's true value.
Using relative valuations measures:
- SKIN may be overvalued based on its P/B ratio of 7.55x, relative to Household & Personal Products industry P/B ratio of 6.25x
You can access more valuation research on SKIN's stock here.
A look at SKIN Cashflows and Balance Sheet
Passed Health Checks:
- SKIN has $532.28M in cash and short term investments. This is enough to cover its annual cash burn of $99.88M.
- SKIN has cash burn of 99877000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the SKIN balance sheet.
- SKIN profit margin has gone up from -118.2% to -2.8% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the SKIN balance sheet.
- SKIN has a relatively high debt to equity ratio of 5.74.
Is Beauty Health Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who give forecasts on SKIN, the consensus analyst rating on Beauty Health Co is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest SKIN Analyst Ratings
Allen Gong, a top 38% analyst from JP Morgan maintains SKIN with a hold rating and lowers their SKIN price target from $13.00 to $12.00, on May 26, 2023.
Bruce Jackson, a bottom 7% analyst from Benchmark reiterates SKIN with a strong buy rating and maintains their SKIN price target from $23.00 to $23.00, on May 18, 2023.
Linda Bolton Weiser, a top 10% analyst from DA Davidson reiterates SKIN with a strong buy rating and maintains their SKIN price target from $35.00 to $35.00, on May 11, 2023.
Kyle Rose, a top 4% analyst from Canaccord Genuity reiterates SKIN with a strong buy rating and maintains their SKIN price target from $18.00 to $18.00, on Mar 28, 2023.
Oliver Chen, a bottom 7% analyst from Cowen & Co. maintains SKIN with a buy rating and lowers their SKIN price target from $20.00 to $15.00, on Feb 16, 2023.
You can dig deeper into what analysts are projecting on the Beauty Health Co stock forecast page.
SKIN Trading Indicators
SKIN Growth Metrics
Last year, SKIN revenue was $376.74M. In the last two year, SKIN's revenue has grown by 67.61% per year. This was faster than the Household & Personal Products industry average of 8.49%.
Find out more about SKIN's earnings and revenue performance here.
Who is buying/selling SKIN?
Over the last year, insiders at SKIN have not bought or sold any shares.
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:
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:
- Figure out where to buy Beauty Health Co stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Beauty Health Co stock
- Make your SKIN trade
- Keep an eye on your SKIN position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Beauty Health Co, add SKIN to your watchlist below.
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