Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) have been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $50.71.
A number of equities analysts have recently commented on the company. DA Davidson raised their price target on Nu Skin Enterprises to $42.00 and gave the stock a “neutral” rating in a report on Friday, September 6th. Citigroup decreased their price objective on Nu Skin Enterprises from $86.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Pivotal Research reissued a “buy” rating and set a $70.00 price objective on shares of Nu Skin Enterprises in a report on Wednesday, August 7th. Bank of America restated an “underperform” rating and issued a $52.00 target price (down previously from $57.00) on shares of Nu Skin Enterprises in a research note on Wednesday, June 19th. Finally, Stifel Nicolaus set a $39.00 target price on Nu Skin Enterprises and gave the company a “sell” rating in a report on Wednesday, August 7th.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Delek Group Ltd. purchased a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at about $17,859,000. Dupont Capital Management Corp raised its stake in Nu Skin Enterprises by 30.6% in the second quarter. Dupont Capital Management Corp now owns 5,978 shares of the company’s stock valued at $295,000 after purchasing an additional 1,400 shares in the last quarter. Trexquant Investment LP raised its stake in Nu Skin Enterprises by 7.0% in the first quarter. Trexquant Investment LP now owns 27,914 shares of the company’s stock valued at $1,336,000 after purchasing an additional 1,829 shares in the last quarter. Prescott Group Capital Management L.L.C. lifted its position in Nu Skin Enterprises by 411.2% during the first quarter. Prescott Group Capital Management L.L.C. now owns 174,194 shares of the company’s stock valued at $8,337,000 after purchasing an additional 140,121 shares during the last quarter. Finally, Handelsbanken Fonder AB bought a new stake in Nu Skin Enterprises during the first quarter valued at approximately $5,743,000. Hedge funds and other institutional investors own 73.95% of the company’s stock.
Nu Skin Enterprises (NYSE:NUS) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.83 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.83. Nu Skin Enterprises had a net margin of 4.79% and a return on equity of 24.73%. The business had revenue of $623.50 million during the quarter, compared to analyst estimates of $622.32 million. During the same period in the previous year, the business earned $0.95 EPS. Nu Skin Enterprises’s revenue was down 11.5% compared to the same quarter last year. On average, equities research analysts predict that Nu Skin Enterprises will post 3.26 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Friday, August 30th will be given a dividend of $0.37 per share. The ex-dividend date is Thursday, August 29th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.38%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 42.05%.
Nu Skin Enterprises Company Profile
Nu Skin Enterprises, Inc develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care systems, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC LumiSpa skin treatment and cleansing devices; and Epoch products, as well as a range of other cosmetic and personal care products.
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