Nu Skin Enterprises (NYSE:NUS) Hits New 52-Week High - Time to Buy?

Key Points

• Nu Skin Enterprises stock reached a new 52-week high at $10.86 during trading, indicating strong market interest.
• Analysts have recently downgraded Nu Skin from a "strong-buy" to a "buy" rating, reflecting a shift in market confidence.
• The company reported $0.43 EPS for the last quarter, significantly beating the consensus estimate of $0.25.

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $10.86 and last traded at $10.80, with a volume of 25204 shares trading hands. The stock had previously closed at $10.58.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Nu Skin Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Saturday.

Nu Skin Enterprises Stock Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.01. The business's fifty day simple moving average is $8.44 and its 200-day simple moving average is $7.50. The firm has a market capitalization of $544.15 million, a PE ratio of 5.46 and a beta of 0.91.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates 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 return on equity of 8.23% and a net margin of 6.20%. As a group, equities research analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be paid a $0.06 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a yield of 2.2%. Nu Skin Enterprises's dividend payout ratio (DPR) is presently 11.94%.

Insider Activity

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NUS. GAMMA Investing LLC increased its position in shares of Nu Skin Enterprises by 102.0% during the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock worth $25,000 after purchasing an additional 1,766 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Nu Skin Enterprises by 28.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock worth $55,000 after buying an additional 1,768 shares during the last quarter. PAX Financial Group LLC boosted its stake in Nu Skin Enterprises by 5.0% during the first quarter. PAX Financial Group LLC now owns 38,473 shares of the company's stock worth $279,000 after buying an additional 1,840 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Nu Skin Enterprises by 6.5% in the 4th quarter. Franklin Resources Inc. now owns 34,307 shares of the company's stock valued at $236,000 after purchasing an additional 2,091 shares during the last quarter. Finally, SummerHaven Investment Management LLC lifted its stake in shares of Nu Skin Enterprises by 2.8% in the 1st quarter. SummerHaven Investment Management LLC now owns 79,860 shares of the company's stock valued at $580,000 after purchasing an additional 2,195 shares during the last quarter. 82.84% of the stock is owned by institutional investors and hedge funds.

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.

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