Nu Skin Enterprises (NYSE:NUS) Reaches New 1-Year High - What's Next?

Key Points

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Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $12.23 and last traded at $12.09, with a volume of 76956 shares trading hands. The stock had previously closed at $11.67.

Wall Street Analyst Weigh In

Several brokerages recently commented on NUS. Zacks Research raised shares of Nu Skin Enterprises to a "hold" rating in a research note on Tuesday, August 12th. Wall Street Zen raised shares of Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Friday. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $6.88.

Nu Skin Enterprises Price Performance

The company's 50 day moving average price is $9.10 and its 200-day moving average price is $7.80. The stock has a market cap of $598.46 million, a P/E ratio of 6.01 and a beta of 0.91. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.27.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.18. The firm had revenue of $386.14 million during the quarter, compared to the consensus estimate of $376.68 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, sell-side analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 29th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, August 29th. Nu Skin Enterprises's dividend payout ratio (DPR) is currently 11.94%.

Insiders Place Their Bets

In related news, Director Edwina D. Woodbury sold 4,532 shares of Nu Skin Enterprises stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $8.44, for a total transaction of $38,250.08. Following the completion of the transaction, the director owned 42,947 shares of the company's stock, valued at $362,472.68. This trade represents a 9.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Keith Hatchett bought 6,500 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $7.54 per share, with a total value of $49,010.00. Following the purchase, the insider directly owned 162,065 shares of the company's stock, valued at $1,221,970.10. The trade was a 4.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nu Skin Enterprises

A number of hedge funds have recently bought and sold shares of NUS. Wells Fargo & Company MN raised its stake in Nu Skin Enterprises by 34.3% during the fourth quarter. Wells Fargo & Company MN now owns 34,509 shares of the company's stock worth $238,000 after buying an additional 8,814 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Nu Skin Enterprises by 29.5% in the fourth quarter. Russell Investments Group Ltd. now owns 12,146 shares of the company's stock worth $83,000 after purchasing an additional 2,768 shares during the period. Cerity Partners LLC acquired a new stake in Nu Skin Enterprises in the fourth quarter worth $141,000. Bank of Montreal Can acquired a new stake in Nu Skin Enterprises in the fourth quarter worth $80,000. Finally, Mariner LLC acquired a new stake in Nu Skin Enterprises in the fourth quarter worth $92,000. Institutional investors own 82.84% of the company's stock.

About Nu Skin Enterprises

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.