Insider Selling: Steiner Leisure Chairman Unloads 4,000 Shares of Stock (STNR)
Steiner Leisure (NASDAQ:STNR) Chairman Clive Warshaw unloaded 4,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $56.37, for a total value of $225,480.00. Following the sale, the chairman now directly owns 841,726 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Stifel Nicolaus raised their price target on shares of Steiner Leisure (NASDAQ:STNR) from $58.00 to $66.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
Shares of Steiner Leisure (NASDAQ:STNR) traded up 0.62% during mid-day trading on Wednesday, hitting $57.11. The stock had a trading volume of 20,248 shares. Steiner Leisure has a 1-year low of $42.74 and a 1-year high of $60.12. The stock has a 50-day moving average of $57.9 and a 200-day moving average of $52.37. The company has a market cap of $835.8 million and a price-to-earnings ratio of 16.96.
Steiner Leisure (NASDAQ:STNR) last announced its earnings results on Wednesday, July 31st. The company reported $0.83 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.82 by $0.01. The company had revenue of $207.70 million for the quarter, compared to the consensus estimate of $206.00 million. During the same quarter last year, the company posted $0.92 earnings per share. Steiner Leisure’s revenue was up 5.2% compared to the same quarter last year. Analysts expect that Steiner Leisure will post $3.39 EPS for the current fiscal year.
Steiner Leisure Limited (NASDAQ:STNR) is a provider of spa services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.