NutriSystem (NTRI) Given Daily News Impact Score of 0.21
News coverage about NutriSystem (NASDAQ:NTRI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. NutriSystem earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.9100386997666 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Nutrisystem Inc (NTRI) Sees Elder Force Cross Below Significant Line – Clawson News (clawsonnews.com)
- Nutrisystem, Inc. to Report Fourth Quarter and Full Year 2017 Financial Results on February 26, 2018 (finance.yahoo.com)
- Moving averages give many trading signals on Nutrisystem, Inc. (NTRI) – Wall Street Morning (wallstreetmorning.com)
- Is Nutrisystem Inc (NASDAQ:NTRI) An Attractive Dividend Stock? (finance.yahoo.com)
A number of analysts have weighed in on NTRI shares. DA Davidson restated a “buy” rating and issued a $80.00 price target on shares of NutriSystem in a research note on Friday, December 22nd. Zacks Investment Research cut NutriSystem from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. BidaskClub upgraded NutriSystem from a “sell” rating to a “hold” rating in a research note on Monday. B. Riley set a $74.00 price target on NutriSystem and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Lake Street Capital set a $73.00 price target on NutriSystem and gave the company a “buy” rating in a research note on Thursday, October 26th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $67.56.
NutriSystem announced that its board has approved a share buyback program on Wednesday, October 25th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
In other news, insider Keira Krausz sold 5,000 shares of NutriSystem stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $50.96, for a total transaction of $254,800.00. Following the sale, the insider now owns 75,463 shares in the company, valued at $3,845,594.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Dawn M. Zier sold 30,006 shares of NutriSystem stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $52.36, for a total value of $1,571,114.16. Following the sale, the chief executive officer now owns 224,659 shares in the company, valued at approximately $11,763,145.24. The disclosure for this sale can be found here. Insiders have sold 66,006 shares of company stock worth $3,383,254 in the last quarter. Insiders own 2.40% of the company’s stock.
NutriSystem Company Profile
Nutrisystem, Inc is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.
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