Nu Skin Enterprises Inc. (NUS) Trading Down 1.8%
Nu Skin Enterprises Inc. (NYSE:NUS)’s share price fell 1.8% during trading on Friday . The company traded as low as $57.49 and last traded at $57.82, with a volume of 252,082 shares traded. The stock had previously closed at $58.89.
A number of research firms have recently commented on NUS. Stifel Nicolaus raised their price objective on Nu Skin Enterprises from $34.00 to $45.00 and gave the stock a “sell” rating in a report on Friday, August 5th. Citigroup Inc. raised their price objective on Nu Skin Enterprises from $52.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, August 5th. Zacks Investment Research upgraded Nu Skin Enterprises from a “hold” rating to a “strong-buy” rating and set a $52.00 price objective on the stock in a report on Tuesday, June 21st. Jefferies Group began coverage on Nu Skin Enterprises in a report on Friday, June 3rd. They issued a “hold” rating and a $41.00 price objective on the stock. Finally, Pivotal Research raised their price objective on Nu Skin Enterprises from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, June 16th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Nu Skin Enterprises currently has an average rating of “Hold” and a consensus price target of $48.42.
The firm’s 50 day moving average price is $54.60 and its 200 day moving average price is $42.37. The firm has a market capitalization of $3.27 billion and a PE ratio of 33.49.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. The business had revenue of $600.05 million for the quarter, compared to analysts’ expectations of $578.87 million. During the same quarter in the prior year, the firm posted $0.75 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that Nu Skin Enterprises Inc. will post $2.87 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Friday, August 26th will be given a dividend of $0.355 per share. The ex-dividend date is Wednesday, August 24th. This represents a $1.42 dividend on an annualized basis and a 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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