Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) Director Andrew D. Lipman sold 2,000 shares of Nu Skin Enterprises stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $34.28, for a total transaction of $68,560.00. Following the transaction, the director now directly owns 58,393 shares of the company’s stock, valued at $2,001,712.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Nu Skin Enterprises Stock Performance
NYSE NUS traded down $0.05 during trading hours on Friday, hitting $34.55. 338,136 shares of the company’s stock traded hands, compared to its average volume of 451,968. The business’s fifty day moving average price is $39.03 and its two-hundred day moving average price is $40.44. The company has a current ratio of 2.08, a quick ratio of 1.09 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1.72 billion, a P/E ratio of 22.62 and a beta of 1.21. Nu Skin Enterprises, Inc. has a 52 week low of $29.95 and a 52 week high of $47.84.
Nu Skin Enterprises (NYSE:NUS – Get Rating) last posted its quarterly earnings results on Wednesday, May 3rd. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $481.50 million during the quarter, compared to analyst estimates of $477.49 million. Nu Skin Enterprises had a net margin of 3.68% and a return on equity of 14.13%. The company’s revenue was down 20.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Equities research analysts predict that Nu Skin Enterprises, Inc. will post 2.61 EPS for the current year.
Nu Skin Enterprises Announces Dividend
Wall Street Analyst Weigh In
NUS has been the subject of several recent analyst reports. DA Davidson decreased their target price on shares of Nu Skin Enterprises from $40.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, February 16th. StockNews.com began coverage on shares of Nu Skin Enterprises in a report on Thursday, May 18th. They set a “hold” rating for the company. Jefferies Financial Group cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating and decreased their price objective for the company from $43.00 to $39.00 in a report on Monday, January 30th. TheStreet cut shares of Nu Skin Enterprises from a “b-” rating to a “c+” rating in a report on Wednesday, March 15th. Finally, Citigroup boosted their target price on shares of Nu Skin Enterprises from $35.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, March 1st. Four analysts have rated the stock with a hold rating, According to MarketBeat.com, Nu Skin Enterprises presently has a consensus rating of “Hold” and a consensus price target of $39.33.
Hedge Funds Weigh In On Nu Skin Enterprises
A number of hedge funds have recently modified their holdings of the company. Eagle Bay Advisors LLC grew its stake in Nu Skin Enterprises by 37.1% during the second quarter. Eagle Bay Advisors LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 219 shares in the last quarter. Ronald Blue Trust Inc. grew its stake in Nu Skin Enterprises by 2,120.0% during the fourth quarter. Ronald Blue Trust Inc. now owns 888 shares of the company’s stock valued at $29,000 after acquiring an additional 848 shares in the last quarter. Royal Bank of Canada grew its stake in Nu Skin Enterprises by 118.2% during the third quarter. Royal Bank of Canada now owns 1,150 shares of the company’s stock valued at $38,000 after acquiring an additional 623 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Nu Skin Enterprises during the first quarter valued at $51,000. Finally, Quadrant Capital Group LLC grew its stake in Nu Skin Enterprises by 135.8% during the fourth quarter. Quadrant Capital Group LLC now owns 1,646 shares of the company’s stock valued at $69,000 after acquiring an additional 948 shares in the last quarter. 93.67% of the stock is currently owned by institutional investors.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a holding company, which engages in the development and distribution of beauty and wellness solutions. It operates through the following segments: Mainland China, Americas, South Korea, Southeast Asia/Pacific, EMEA, Japan, Hong Kong/Taiwan, Nu Skin Other, Manufacturing, and Rhyz Other.
- Get a free copy of the StockNews.com research report on Nu Skin Enterprises (NUS)
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