GNC Holdings Inc. (GNC) Receives $25.89 Consensus Target Price from Brokerages
GNC Holdings Inc. (NYSE:GNC) has received an average rating of “Hold” from the seventeen analysts that are covering the firm. Two equities research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $25.89.
Several research analysts recently weighed in on GNC shares. Zacks Investment Research raised shares of GNC Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 30th. Deutsche Bank AG dropped their target price on shares of GNC Holdings from $26.00 to $22.00 and set a “hold” rating for the company in a report on Friday, July 29th. Vetr downgraded shares of GNC Holdings from a “buy” rating to a “hold” rating and set a $20.50 target price for the company. in a report on Monday, August 15th. Barclays PLC started coverage on shares of GNC Holdings in a report on Friday, September 23rd. They issued an “equal weight” rating and a $21.00 target price for the company. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $26.00 target price (down previously from $28.00) on shares of GNC Holdings in a report on Wednesday, June 22nd.
A number of hedge funds have recently bought and sold shares of GNC. Kempen Capital Management N.V. raised its stake in GNC Holdings by 171.2% in the first quarter. Kempen Capital Management N.V. now owns 8,018 shares of the company’s stock worth $255,000 after buying an additional 5,061 shares during the period. Canada Pension Plan Investment Board raised its stake in GNC Holdings by 1.4% in the first quarter. Canada Pension Plan Investment Board now owns 502,500 shares of the company’s stock worth $15,954,000 after buying an additional 7,100 shares during the period. M&T Bank Corp purchased a new stake in GNC Holdings during the first quarter worth $341,000. Menta Capital LLC purchased a new stake in GNC Holdings during the first quarter worth $240,000. Finally, BlackRock Japan Co. Ltd raised its stake in GNC Holdings by 84.2% in the first quarter. BlackRock Japan Co. Ltd now owns 43,480 shares of the company’s stock worth $1,380,000 after buying an additional 19,880 shares during the period. 95.92% of the stock is currently owned by institutional investors.
Shares of GNC Holdings (NYSE:GNC) opened at 20.53 on Monday. The company has a market capitalization of $1.40 billion, a PE ratio of 7.69 and a beta of 0.91. GNC Holdings has a 1-year low of $18.92 and a 1-year high of $41.26. The company has a 50 day moving average price of $20.55 and a 200 day moving average price of $24.72.
GNC Holdings (NYSE:GNC) last issued its earnings results on Thursday, July 28th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.01. The company earned $689.60 million during the quarter, compared to the consensus estimate of $670.65 million. GNC Holdings had a net margin of 7.73% and a return on equity of 50.48%. GNC Holdings’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 EPS. Equities analysts predict that GNC Holdings will post $2.75 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 16th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Wednesday, September 14th. GNC Holdings’s dividend payout ratio (DPR) is currently 29.52%.
GNC Holdings Company Profile
GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products. The Company operates in three segments: Retail, Franchising and Manufacturing/Wholesale. The Retail segment includes sales of products to customers at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com.
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