Nu Skin Enterprises (NYSE:NUS) Hits New 1-Year Low at $11.71

Nu Skin Enterprises, Inc. (NYSE:NUSGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as $11.71 and last traded at $11.71, with a volume of 392990 shares trading hands. The stock had previously closed at $12.44.

Analyst Ratings Changes

Separately, DA Davidson reduced their price objective on Nu Skin Enterprises from $15.50 to $12.50 and set a “neutral” rating on the stock in a research note on Thursday, May 9th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $20.83.

Read Our Latest Stock Report on NUS

Nu Skin Enterprises Trading Down 7.5 %

The company has a quick ratio of 1.24, a current ratio of 2.09 and a debt-to-equity ratio of 0.56. The firm has a market cap of $571.67 million, a price-to-earnings ratio of -198.33 and a beta of 1.16. The company’s 50-day moving average price is $12.86 and its 200-day moving average price is $14.87.

Nu Skin Enterprises (NYSE:NUSGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.04. Nu Skin Enterprises had a positive return on equity of 9.28% and a negative net margin of 0.17%. The business had revenue of $417.31 million during the quarter, compared to the consensus estimate of $426.55 million. During the same period last year, the company earned $0.37 EPS. The company’s revenue for the quarter was down 13.3% on a year-over-year basis. Equities analysts expect that Nu Skin Enterprises, Inc. will post 1.1 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Friday, May 31st were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend was Friday, May 31st. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -400.00%.

Insiders Place Their Bets

In other news, Director Andrew D. Lipman sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $13.33, for a total value of $26,660.00. Following the completion of the sale, the director now directly owns 23,225 shares of the company’s stock, valued at $309,589.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 5,693 shares of company stock valued at $71,690. 1.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Nu Skin Enterprises

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Nu Skin Enterprises by 4.4% during the first quarter. Vanguard Group Inc. now owns 6,489,580 shares of the company’s stock worth $89,751,000 after purchasing an additional 274,309 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Nu Skin Enterprises by 91.8% during the 3rd quarter. Invesco Ltd. now owns 1,694,112 shares of the company’s stock worth $35,932,000 after purchasing an additional 810,778 shares during the period. Charles Schwab Investment Management Inc. increased its position in Nu Skin Enterprises by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,157,697 shares of the company’s stock worth $22,482,000 after purchasing an additional 173,193 shares in the last quarter. ProShare Advisors LLC raised its holdings in Nu Skin Enterprises by 36.5% in the first quarter. ProShare Advisors LLC now owns 597,614 shares of the company’s stock valued at $8,265,000 after buying an additional 159,831 shares during the period. Finally, Norges Bank acquired a new position in Nu Skin Enterprises during the fourth quarter valued at approximately $8,930,000. 82.84% of the stock is owned by hedge funds and other institutional investors.

Nu Skin Enterprises Company Profile

(Get Free Report)

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.

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