Waldencast (WALD) Set to Announce Earnings on Tuesday

Waldencast (NASDAQ:WALD) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, August 27th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Waldencast Stock Up 7.5 %

Shares of Waldencast stock opened at $3.29 on Friday. The firm has a fifty day moving average price of $3.31 and a two-hundred day moving average price of $4.95. Waldencast has a fifty-two week low of $2.40 and a fifty-two week high of $12.00. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.71 and a quick ratio of 0.82.

Analysts Set New Price Targets

Several analysts recently commented on the company. Telsey Advisory Group restated an “outperform” rating and issued a $8.00 price target on shares of Waldencast in a research report on Tuesday, August 20th. DA Davidson decreased their price target on Waldencast from $15.50 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, May 28th.

Waldencast Company Profile

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.