SkinHealth Systems Inc. SKIN shares ended the last trading session 9% higher at $12.6. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 14.4% loss over the past four weeks.
SkinHealth Systems scored a strong price increase, on investors’ optimism following the completion of its 1-for-20 reverse stock split. Effective Oct. 14, 2026, the corporate action reduced outstanding Class A common shares to 6.5 million from approximately 130.3 million, aiding the company in regaining compliance with Nasdaq's $1.00 minimum bid price requirement.
This company is expected to post quarterly loss of $1.35 per share in its upcoming report, which represents a year-over-year change of -1400%. Revenues are expected to be $67.18 million, down 5% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For SkinHealth Systems Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on SKIN going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
SkinHealth Systems Inc. belongs to the Zacks Medical Services industry. Another stock from the same industry, Danaher DHR, closed the last trading session 3% higher at $231.5. Over the past month, DHR has returned 7.8%.
For Danaher, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.92. This represents a change of +1.6% from what the company reported a year ago. Danaher currently has a Zacks Rank of #2 (Buy).
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SkinHealth Systems Inc. (SKIN): Free Stock Analysis Report
Danaher Corporation (DHR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).