Waldencast (WALD)

• Market cap: $448M
• 1 day: 0.83%
• 5 days: -6.17%
• 1 month: 7.04%
• 3 months: -7.36%
• 6 months: -9.65%
• Year to date: -67.38%
• 1 year: -67.84%
• 5 years: -62.94%
• 10 years: -62.94%
• Sector: Materials
• Industry: Perfumes, Cosmetics & Other Toilet Preparations

About: Waldencast PLC is a beauty and wellness operating platform by developing, acquiring, accelerating, and scaling the next generation of conscious, purpose-driven brands. It is organized into two reportable segments namely Obagi Skincare and Milk Makeup.

Employees: 281

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

93% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 14

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

9% more funds holding

Funds holding: 58 [Q2] → 63 (+5) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

4% less capital invested

Capital invested by funds: $88.2M [Q2] → $84.9M (-$3.32M) [Q3]

1.36% less ownership

Funds ownership: 22.41% [Q2] → 21.04% (-1.36%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4.30 18% upside
• Avg. target: $5.95 63% upside
• High target: $7.50 105% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

TD Cowen Jonna Kim 100% 1-year accuracy 4 / 4 met price target	18% upside $4.30	Hold Initiated	16 Dec 2024
DA Davidson Linda Bolton Weiser 41% 1-year accuracy 42 / 102 met price target	105% upside $7.50	Buy Maintained	4 Dec 2024
Canaccord Genuity Susan Anderson 46% 1-year accuracy 11 / 24 met price target	64% upside $6	Buy Maintained	22 Nov 2024
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target	64% upside $6	Outperform Maintained	22 Nov 2024