Nu Skin Enterprises Inc. (NUS) Trading Down 1.8%
Nu Skin Enterprises Inc. (NYSE:NUS) shares traded down 1.8% during trading on Friday . The stock traded as low as $57.49 and last traded at $57.82, with a volume of 252,082 shares changing hands. The stock had previously closed at $58.89.
A number of analysts have recently issued reports on NUS shares. Stifel Nicolaus lifted their price objective on shares of Nu Skin Enterprises from $30.00 to $34.00 and gave the company a “sell” rating in a research note on Friday, April 29th. Jefferies Group started coverage on shares of Nu Skin Enterprises in a research note on Friday, June 3rd. They set a “hold” rating and a $41.00 price objective on the stock. Pivotal Research reiterated a “buy” rating and set a $55.00 price objective (up previously from $40.00) on shares of Nu Skin Enterprises in a research note on Friday, April 29th. Deutsche Bank AG lifted their price objective on shares of Nu Skin Enterprises from $55.00 to $57.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Finally, TheStreet upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Thursday, August 4th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Nu Skin Enterprises currently has an average rating of “Hold” and an average target price of $48.42.
The firm has a market capitalization of $3.27 billion and a PE ratio of 33.49. The company has a 50-day moving average price of $54.28 and a 200-day moving average price of $42.20.
Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.01. The firm earned $600.05 million during the quarter, compared to the consensus estimate of $578.87 million. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 EPS. On average, analysts forecast that Nu Skin Enterprises Inc. will post $2.87 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Friday, August 26th will be paid a $0.355 dividend. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.42 annualized dividend and a dividend yield of 2.43%.
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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