Insider Selling: Steven J. Preston Sells 1,479 Shares of Steiner Leisure Stock (STNR)
Steiner Leisure (NASDAQ:STNR) Director Steven J. Preston sold 1,479 shares of the company’s stock on the open market in a transaction dated Friday, June 13th. The stock was sold at an average price of $42.09, for a total transaction of $62,251.11. Following the completion of the transaction, the director now directly owns 2,772 shares in the company, valued at approximately $116,673. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on STNR shares. Analysts at Sidoti initiated coverage on shares of Steiner Leisure in a research note on Friday, June 6th. They set a “buy” rating and a $56.00 price target on the stock. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Steiner Leisure in a research note on Friday, May 2nd. They now have a $55.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Steiner Leisure from a “buy” rating to a “hold” rating in a research note on Friday, April 25th.
Shares of Steiner Leisure (NASDAQ:STNR) traded down 0.26% on Monday, hitting $42.14. The stock had a trading volume of 61,061 shares. Steiner Leisure has a 1-year low of $38.01 and a 1-year high of $61.74. The stock has a 50-day moving average of $41.04 and a 200-day moving average of $46.91. The company has a market cap of $618.6 million and a price-to-earnings ratio of 14.17.
Steiner Leisure (NASDAQ:STNR) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The company had revenue of $216.70 million for the quarter, compared to the consensus estimate of $209.10 million. Analysts expect that Steiner Leisure will post $3.09 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.