GNC (NYSE:GNC) was upgraded by research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.

Other equities analysts have also recently issued reports about the stock. Robert W. Baird reiterated a “hold” rating and issued a $10.00 target price on shares of GNC in a research note on Sunday, September 17th. Zacks Investment Research cut shares of GNC from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. Bank of America decreased their target price on shares of GNC from $6.25 to $5.50 and set an “underperform” rating for the company in a research note on Tuesday, August 22nd. Finally, Barclays decreased their target price on shares of GNC from $9.00 to $6.00 and set an “underweight” rating for the company in a research note on Friday, October 27th. Six investment analysts have rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. GNC currently has a consensus rating of “Hold” and an average target price of $7.95.

GNC (GNC) traded down $0.19 during mid-day trading on Friday, hitting $5.39. 3,093,311 shares of the stock traded hands, compared to its average volume of 3,127,889. The stock has a market cap of $371.93, a P/E ratio of 4.61 and a beta of 0.79. The company has a debt-to-equity ratio of -55.95, a current ratio of 2.44 and a quick ratio of 0.70. GNC has a fifty-two week low of $5.18 and a fifty-two week high of $14.64.

GNC (NYSE:GNC) last released its quarterly earnings data on Thursday, October 26th. The specialty retailer reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.01). GNC had a negative net margin of 15.11% and a negative return on equity of 133.37%. The business had revenue of $609.47 million during the quarter, compared to analysts’ expectations of $614.08 million. During the same period last year, the company earned $0.59 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. equities analysts forecast that GNC will post 1.28 earnings per share for the current year.

In related news, EVP Tim Mantel acquired 20,000 shares of GNC stock in a transaction on Friday, November 10th. The stock was bought at an average cost of $5.80 per share, for a total transaction of $116,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kenneth Martindale sold 64,555 shares of the company’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $9.28, for a total transaction of $599,070.40. Following the transaction, the chief executive officer now owns 455,001 shares of the company’s stock, valued at $4,222,409.28. The disclosure for this sale can be found here. Corporate insiders own 1.85% of the company’s stock.

Large investors have recently bought and sold shares of the business. Bayesian Capital Management LP acquired a new stake in shares of GNC in the second quarter valued at about $102,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of GNC in the third quarter valued at about $109,000. WFG Advisors LP raised its position in shares of GNC by 13.1% in the second quarter. WFG Advisors LP now owns 14,773 shares of the specialty retailer’s stock valued at $125,000 after buying an additional 1,715 shares during the last quarter. Sii Investments Inc. WI raised its position in shares of GNC by 22.5% in the second quarter. Sii Investments Inc. WI now owns 23,268 shares of the specialty retailer’s stock valued at $196,000 after buying an additional 4,268 shares during the last quarter. Finally, Comerica Bank raised its position in shares of GNC by 6.7% in the second quarter. Comerica Bank now owns 22,443 shares of the specialty retailer’s stock valued at $201,000 after buying an additional 1,419 shares during the last quarter. Institutional investors own 61.93% of the company’s stock.

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About GNC

GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.

Analyst Recommendations for GNC (NYSE:GNC)

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