GNC Holdings (GNC) Receives News Impact Rating of 0.13
Media headlines about GNC Holdings (NYSE:GNC) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. GNC Holdings earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 46.3149548644752 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- GNC Holdings Target of Unusually Large Options Trading (GNC) (americanbankingnews.com)
- GNC Holdings, Inc. (NYSE: GNC) – Where Relative Volume Stands? – Alpha Beta Stock (alphabetastock.com)
- General Nutrition: Anatomy Of A Short Win – Seeking Alpha (seekingalpha.com)
- Sports Nutrition Products Market 2014 -Develop Market-Entry & Market Expansion Strategies 2020 (sbwire.com)
- LPC: U.S. Loan Issuers Lean on Bond Market to Refinance Parts of Jumbo Loans (money.usnews.com)
Several brokerages recently weighed in on GNC. Zacks Investment Research downgraded shares of GNC Holdings from a “hold” rating to a “strong sell” rating in a report on Friday, October 27th. Barclays PLC cut their price target on shares of GNC Holdings from $9.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, October 27th. Bank of America Corporation cut their price target on shares of GNC Holdings from $6.25 to $5.50 and set an “underperform” rating on the stock in a report on Tuesday, August 22nd. Robert W. Baird reiterated a “hold” rating and issued a $10.00 price target on shares of GNC Holdings in a report on Sunday, September 17th. Finally, ValuEngine downgraded shares of GNC Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. GNC Holdings presently has a consensus rating of “Hold” and an average target price of $7.95.
Shares of GNC Holdings (NYSE:GNC) traded up $0.66 during trading hours on Friday, hitting $6.85. The stock had a trading volume of 3,430,000 shares, compared to its average volume of 2,880,000. GNC Holdings has a 52-week low of $5.61 and a 52-week high of $15.50. The stock has a market cap of $523.91, a price-to-earnings ratio of 4.94 and a beta of 0.86. The company has a quick ratio of 0.70, a current ratio of 2.44 and a debt-to-equity ratio of -55.95.
GNC Holdings (NYSE:GNC) last announced its earnings results on Thursday, October 26th. The specialty retailer reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). GNC Holdings had a negative net margin of 15.11% and a negative return on equity of 133.37%. The business had revenue of $609.47 million for the quarter, compared to analysts’ expectations of $614.08 million. During the same quarter last year, the business earned $0.59 EPS. The company’s quarterly revenue was down 2.9% on a year-over-year basis. analysts forecast that GNC Holdings will post 1.28 earnings per share for the current year.
In other GNC Holdings news, CEO Kenneth Martindale sold 64,555 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $9.28, for a total value of $599,070.40. Following the transaction, the chief executive officer now owns 455,001 shares in the company, valued at approximately $4,222,409.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Tim Mantel acquired 20,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $5.80 per share, for a total transaction of $116,000.00. The disclosure for this purchase can be found here. Company insiders own 1.85% of the company’s stock.
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GNC Holdings Company Profile
GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.
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