Nu Skin Enterprises Inc. (NYSE:NUS) Receives Average Recommendation of “Hold” from Analysts
Shares of Nu Skin Enterprises Inc. (NYSE:NUS) have been assigned an average rating of “Hold” from the twelve research firms that are covering the stock. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $50.72.
Several research analysts have recently commented on NUS shares. Pivotal Research boosted their target price on Nu Skin Enterprises from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, June 16th. Jefferies Group reissued a “hold” rating and issued a $41.00 target price on shares of Nu Skin Enterprises in a report on Friday, June 17th. Zacks Investment Research raised Nu Skin Enterprises from a “hold” rating to a “strong-buy” rating and set a $52.00 target price on the stock in a report on Tuesday, June 21st. Citigroup Inc. boosted their target price on Nu Skin Enterprises from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, July 1st. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $55.00 target price (up from $45.00) on shares of Nu Skin Enterprises in a report on Sunday, July 24th.
In related news, Director Andrew D. Lipman sold 30,000 shares of the company’s stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $64.13, for a total value of $1,923,900.00. Following the completion of the sale, the director now owns 36,090 shares in the company, valued at approximately $2,314,451.70. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 4.60% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP boosted its stake in Nu Skin Enterprises by 234.4% in the second quarter. GSA Capital Partners LLP now owns 72,436 shares of the company’s stock worth $3,346,000 after buying an additional 50,774 shares in the last quarter. Zebra Capital Management LLC purchased a new stake in Nu Skin Enterprises during the first quarter worth approximately $519,000. OMERS ADMINISTRATION Corp purchased a new stake in Nu Skin Enterprises during the first quarter worth approximately $2,073,000. Spark Investment Management LLC purchased a new stake in Nu Skin Enterprises during the first quarter worth approximately $2,092,000. Finally, Menta Capital LLC boosted its stake in Nu Skin Enterprises by 139.7% in the first quarter. Menta Capital LLC now owns 18,100 shares of the company’s stock worth $692,000 after buying an additional 10,550 shares in the last quarter. Institutional investors and hedge funds own 77.08% of the company’s stock.
Nu Skin Enterprises (NYSE:NUS) traded down 0.33% on Thursday, reaching $65.50. The company’s stock had a trading volume of 306,476 shares. The stock’s 50 day moving average is $60.40 and its 200-day moving average is $48.02. Nu Skin Enterprises has a 52 week low of $23.51 and a 52 week high of $66.04. The firm has a market capitalization of $3.66 billion, a PE ratio of 37.58 and a beta of 1.84.
Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Thursday, August 4th. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.78 by $0.01. The business had revenue of $600.05 million for the quarter, compared to the consensus estimate of $578.87 million. Nu Skin Enterprises had a return on equity of 18.46% and a net margin of 4.52%. Nu Skin Enterprises’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.75 EPS. Analysts predict that Nu Skin Enterprises will post $2.88 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 14th. Shareholders of record on Friday, August 26th were given a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Wednesday, August 24th. Nu Skin Enterprises’s payout ratio is 81.14%.
Nu Skin Enterprises Company Profile
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care system and ageLOC Tru Face Essence Ultra anti-aging skin care serum.
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