Waldencast (WALD) Stock Price, News & Analysis

Company Overview

Waldencast plc operates in the beauty and wellness business. The company engages in developing, acquiring, accelerating, and scaling various brands. It provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians. The company also offers clean makeup products under the Milk Makeup brand. It sells its products to dermatologists, plastic surgeons, and other physicians who focuses on aesthetic and therapeutic skincare, including physicians on site at medical spas, through its direct sales force, as well as through distribution partners. The company is headquartered in White Plains, New York.

Key Stats

• Today's Range: $3.18 to $3.45
• 50-Day Range: $3.22 to $4.36
• 52-Week Range: $2.40 to $12.00
• Volume: 74,626 shs
• Average Volume: 59,264 shs
• Market Capitalization: $416.29 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.81
• Consensus Rating: Buy

Waldencast Stock Analysis - MarketRank™

Waldencast scored higher than 60% of companies evaluated by MarketBeat, and ranked 95th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Waldencast has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Waldencast has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Waldencast are expected to decrease in the coming year, from ($0.07) to ($0.10) per share.

Price to Book Value per Share Ratio

Waldencast has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.92% of the float of Waldencast has been sold short.

Short Interest Ratio / Days to Cover

Waldencast has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Waldencast has recently decreased by 4.55%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Waldencast does not currently pay a dividend.

Dividend Growth

Waldencast does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.92% of the float of Waldencast has been sold short.

Short Interest Ratio / Days to Cover

Waldencast has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Waldencast has recently decreased by 4.55%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.50

News Sentiment

Waldencast has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Waldencast this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for WALD on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Waldencast to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Waldencast insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.90% of the stock of Waldencast is held by insiders.

Percentage Held by Institutions

41.97% of the stock of Waldencast is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WALD Stock Analysis - Frequently Asked Questions

How have WALD shares performed this year?

Waldencast's stock was trading at $10.94 at the beginning of 2024. Since then, WALD stock has decreased by 68.8% and is now trading at $3.41.
View the best growth stocks for 2024 here.

Who are Waldencast's major shareholders?

Waldencast's top institutional investors include Milestones Administradora de Recursos Ltda. (1.80%), Truxt Investmentos Ltda. (0.88%), State Street Corp (0.37%) and Simplicity Wealth LLC (0.06%).

How do I buy shares of Waldencast?

Shares of WALD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Waldencast own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Waldencast investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Netflix (NFLX), Meta Platforms (META), NVIDIA (NVDA) and Home Depot (HD).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Toilet preparations
• Sub-Industry: Consumer Goods
• Current Symbol: NASDAQ:WALD
• CUSIP: N/A
• CIK: 1840199
• Web: www.waldencast.com
• Phone: 917-546-6828
• Fax: N/A
• Employees: 272
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.81
• High Stock Price Target: $7.25
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +70.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 1.47
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $218.14 million
• Price / Sales: 1.91
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.30 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 122,080,000
• Free Float: 114,874,000
• Market Cap: $416.29 million
• Optionable: Not Optionable
• Beta: -0.43