Nu Skin Enterprises (NYSE:NUS) Upgraded at Zacks Research

Key Points

• Nu Skin Enterprises has been upgraded to a "hold" rating by Zacks Research, following a downgrade from a "strong-buy" to a "buy" rating by Wall Street Zen.
• The company's quarterly earnings showed an EPS of $0.43, surpassing expectations, with revenues of $386.14 million for the period.
• Current insider activity includes a director selling shares and another insider purchasing shares, reflecting varied confidence in the company's future performance.

Zacks Research upgraded shares of Nu Skin Enterprises (NYSE:NUS - Free Report) to a hold rating in a research note released on Tuesday, August 12th,Zacks.com reports.

Separately, Wall Street Zen cut shares of Nu Skin Enterprises from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $6.88.

Nu Skin Enterprises Stock Down 1.2%

NYSE:NUS traded down $0.1450 on Tuesday, reaching $11.7150. The stock had a trading volume of 245,657 shares, compared to its average volume of 657,398. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average of $8.87 and a 200 day moving average of $7.69. The stock has a market cap of $579.89 million, a P/E ratio of 5.83 and a beta of 0.91. Nu Skin Enterprises has a 12-month low of $5.32 and a 12-month high of $12.23.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.18. The company had revenue of $386.14 million during the quarter, compared to analysts' expectations 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. On average, research analysts predict that Nu Skin Enterprises will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, August 29th. This represents a $0.24 annualized dividend and a yield of 2.0%. Nu Skin Enterprises's dividend payout ratio is 11.94%.

Insider Activity

In other Nu Skin Enterprises news, insider Steven Keith Hatchett acquired 6,500 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average price of $7.54 per share, for a total transaction of $49,010.00. Following the completion of the purchase, the insider directly 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 is accessible through this link. Also, Director Edwina D. Woodbury sold 4,532 shares of the firm's stock in a transaction that occurred 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 sale, the director owned 42,947 shares in the company, valued at $362,472.68. The trade was a 9.55% decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Nu Skin Enterprises

Large investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Nu Skin Enterprises in the second quarter valued at approximately $25,000. GAMMA Investing LLC increased its stake in shares of Nu Skin Enterprises by 102.0% in the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock valued at $25,000 after purchasing an additional 1,766 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Nu Skin Enterprises in the first quarter valued at approximately $33,000. Tower Research Capital LLC TRC increased its stake in shares of Nu Skin Enterprises by 107.4% in the second quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company's stock valued at $40,000 after purchasing an additional 2,614 shares during the period. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Nu Skin Enterprises by 28.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock valued at $55,000 after purchasing an additional 1,768 shares during the period. Institutional investors and hedge funds own 82.84% of the company's stock.

Nu Skin Enterprises Company Profile

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.