Nu Skin Enterprises, Inc. (NYSE: NUS – Get a rating) the stock price fell ahead of Friday’s trading. The stock had previously closed at $43.69, but opened at $42.17. Shares of Nu Skin Enterprises last traded at $41.38, with a volume of 1,628 shares traded in hands.
Several research companies have commented on NUS. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a Wednesday, June 22 research report. TheStreet upgraded Nu Skin Enterprises from a “c+” rating to a “b” rating in a Tuesday, June 7 research note. Two investment analysts gave the stock a hold rating and two gave the company a buy rating. Based on MarketBeat data, Nu Skin Enterprises has an average rating of “Moderate Buy” and a consensus target price of $61.50.
The company has a market capitalization of $2.08 billion, a price-earnings ratio of 15.32 and a beta of 1.21. The company has a 50-day moving average price of $45.00 and a two-hundred-day moving average price of $47.79. The company has a quick ratio of 0.95, a current ratio of 1.72 and a debt ratio of 0.28.
Nu Skin Companies (NYSE: NUS – Get a rating) last released its quarterly results on Wednesday, May 4. The company reported earnings per share of $0.76 for the quarter, beating the consensus estimate of $0.73 by $0.03. Nu Skin Enterprises achieved a return on equity of 22.05% and a net margin of 5.28%. The company posted revenue of $604.90 million in the quarter, compared to $579.70 million expected by analysts. In the same quarter a year earlier, the company posted earnings per share of $0.91. The company’s quarterly revenue was down 10.7% year over year. On average, stock analysts expect Nu Skin Enterprises, Inc. to post earnings per share of 3.8 for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 8. Investors of record on Friday, May 27 received a dividend of $0.385 per share. The ex-dividend date was Thursday, May 26. This represents an annualized dividend of $1.54 and a yield of 3.72%. Nu Skin Enterprises’ dividend payout ratio is currently 57.04%.
In other Nu Skin Enterprises news, Director Andrew D. Lipman sold 1,000 shares in a trade that took place on Wednesday, June 22. The stock was sold at an average price of $44.06, for a total value of $44,060.00. Following the transaction, the administrator now owns 72,393 shares of the company, valued at $3,189,635.58. The sale was disclosed in a filing with the SEC, accessible via this hyperlink. Additionally, Chairman Steven Lund sold 17,129 shares in a trade that took place on Thursday, June 23. The stock was sold at an average price of $45.18, for a total value of $773,888.22. Following completion of the transaction, the president now owns 20,800 shares of the company, valued at approximately $939,744. Disclosure of this sale can be found here. Insiders sold 148,143 shares of the company valued at $6,652,437 in the past ninety days. 2.80% of the shares are currently held by insiders.
A number of large investors have recently changed their positions in the company. Massachusetts Financial Services Co. MA increased its stake in Nu Skin Enterprises by 1.0% in the first quarter. Massachusetts Financial Services Co. MA now owns 26,426 shares of the company worth $1,265,000 after acquiring 272 additional shares last quarter. TCI Wealth Advisors Inc. increased its holdings in Nu Skin Enterprises by 66.6% in the fourth quarter. TCI Wealth Advisors Inc. now owns 758 shares of the company worth $38,000 after acquiring 303 additional shares in the last quarter. Comerica Bank increased its stake in Nu Skin Enterprises by 1.3% in the first quarter. Comerica Bank now owns 23,484 shares of the company worth $1,150,000 after acquiring 311 additional shares in the last quarter. Retirement Systems of Alabama increased its stake in Nu Skin Enterprises by 0.5% in the fourth quarter. Retirement Systems of Alabama now owns 65,242 shares of the company worth $3,311,000 after acquiring 327 additional shares last quarter. Finally, Quadrant Capital Group LLC increased its stake in Nu Skin Enterprises by 47.1% in the fourth quarter. Quadrant Capital Group LLC now owns 1,068 shares of the company worth $54,000 after acquiring 342 additional shares in the last quarter. Institutional investors and hedge funds hold 93.79% of the company’s shares.
About Nu Skin Enterprises (NYSE: NUS)
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 cleansing and treatment devices; and ageLOC Boost, plus a range of other cosmetic and personal care products.
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