Nu Skin Enterprises, Inc. (NYSE:NUS) Receives $60.60 Average PT from Analysts

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) have earned a consensus rating of “Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $60.60.

NUS has been the subject of a number of research reports. Jefferies Financial Group boosted their price target on Nu Skin Enterprises from $61.00 to $75.00 in a research report on Thursday, February 17th. Zacks Investment Research raised Nu Skin Enterprises from a “hold” rating to a “strong-buy” rating and set a $57.00 price target for the company in a research report on Tuesday, March 29th. DA Davidson boosted their price target on Nu Skin Enterprises from $47.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, February 17th. StockNews.com downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Friday. Finally, TheStreet downgraded Nu Skin Enterprises from a “b” rating to a “c+” rating in a research report on Friday, February 18th.

In related news, Director Andrew D. Lipman sold 1,000 shares of the business’s stock in a transaction dated Tuesday, February 22nd. The stock was sold at an average price of $53.27, for a total value of $53,270.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Ryan S. Napierski sold 25,000 shares of the business’s stock in a transaction dated Friday, February 25th. The stock was sold at an average price of $47.40, for a total value of $1,185,000.00. The disclosure for this sale can be found here. Insiders sold 28,000 shares of company stock valued at $1,333,390 in the last ninety days. Company insiders own 2.80% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in shares of Nu Skin Enterprises by 2.2% in the first quarter. Renaissance Technologies LLC now owns 2,670,996 shares of the company’s stock worth $127,887,000 after acquiring an additional 58,600 shares in the last quarter. Bridgewater Associates LP raised its stake in Nu Skin Enterprises by 31.1% during the first quarter. Bridgewater Associates LP now owns 134,214 shares of the company’s stock valued at $6,426,000 after buying an additional 31,840 shares in the last quarter. Sei Investments Co. raised its stake in Nu Skin Enterprises by 2.5% during the first quarter. Sei Investments Co. now owns 136,804 shares of the company’s stock valued at $6,550,000 after buying an additional 3,379 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Nu Skin Enterprises by 4.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,709,894 shares of the company’s stock valued at $81,869,000 after buying an additional 72,030 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in Nu Skin Enterprises by 2.0% during the first quarter. Yousif Capital Management LLC now owns 28,472 shares of the company’s stock valued at $1,363,000 after buying an additional 555 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Shares of NYSE:NUS traded up $1.46 during midday trading on Friday, reaching $46.48. The company’s stock had a trading volume of 1,187,836 shares, compared to its average volume of 915,492. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 17.21 and a beta of 1.24. The company has a quick ratio of 0.95, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. Nu Skin Enterprises has a 1 year low of $39.40 and a 1 year high of $62.70. The business has a 50 day moving average price of $46.72 and a 200 day moving average price of $47.83.

Nu Skin Enterprises (NYSE:NUS – Get Rating) last posted its quarterly earnings results on Wednesday, May 4th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.04. Nu Skin Enterprises had a return on equity of 22.05% and a net margin of 5.28%. The firm had revenue of $604.90 million during the quarter, compared to the consensus estimate of $579.70 million. During the same quarter in the previous year, the business earned $0.91 earnings per share. The firm’s quarterly revenue was down 10.7% compared to the same quarter last year. Sell-side analysts anticipate that Nu Skin Enterprises will post 3.8 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 8th. Stockholders of record on Friday, May 27th will be given a $0.385 dividend. This represents a $1.54 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, May 26th. Nu Skin Enterprises’s payout ratio is 57.04%.

About Nu Skin Enterprises (Get Rating)

Nu Skin Enterprises, Inc develops and distributes beauty and wellness products worldwide. It provides skin care systems, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care systems, and ageLOC LumiSpa skin treatment and cleansing devices; and ageLOC Boost, as well as a range of other cosmetic and personal care products.

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