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

Key Points

• Nu Skin Enterprises' share price reached a new 52-week high of $12.83, closing at $12.72 with a trading volume of 105,811 shares.
• Analysts are mixed on Nu Skin, with Wall Street Zen upgrading the stock to a "strong-buy" while Zacks rated it as a "hold"; the average price target is $6.88.
• The company reported earnings of $0.43 per share, exceeding estimates, and has recently announced a quarterly dividend of $0.06, yielding 1.9% annually.

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $12.83 and last traded at $12.72, with a volume of 105811 shares. The stock had previously closed at $12.09.

Analysts Set New Price Targets

Several research firms recently issued reports on NUS. Zacks Research upgraded shares of Nu Skin Enterprises to a "hold" rating in a report on Tuesday, August 12th. Wall Street Zen raised Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $6.88.

Nu Skin Enterprises Stock Up 6.5%

The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $10.61 and a 200 day simple moving average of $8.48. The stock has a market cap of $637.56 million, a price-to-earnings ratio of 6.41 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted 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 business 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, analysts expect that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 29th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.24 annualized dividend and a yield of 1.9%. Nu Skin Enterprises's dividend payout ratio (DPR) is presently 11.94%.

Insiders Place Their Bets

In related news, Director Daniel W. Campbell sold 23,391 shares of the firm's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $12.10, for a total transaction of $283,031.10. Following the transaction, the director directly owned 53,375 shares of the company's stock, valued at $645,837.50. This trade represents a 30.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Chayce David Clark sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.97, for a total value of $239,400.00. Following the sale, the executive vice president directly owned 233,140 shares of the company's stock, valued at $2,790,685.80. The trade was a 7.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,926 shares of company stock valued at $711,364. Corporate insiders own 2.00% of the company's stock.

Institutional Trading of Nu Skin Enterprises

Several hedge funds have recently added to or reduced their stakes in NUS. Two Sigma Investments LP increased its stake in shares of Nu Skin Enterprises by 24.2% during the 4th quarter. Two Sigma Investments LP now owns 700,500 shares of the company's stock worth $4,826,000 after purchasing an additional 136,624 shares during the last quarter. Man Group plc increased its position in Nu Skin Enterprises by 125.5% in the fourth quarter. Man Group plc now owns 102,836 shares of the company's stock worth $709,000 after buying an additional 57,235 shares during the last quarter. New York State Teachers Retirement System bought a new stake in shares of Nu Skin Enterprises in the first quarter valued at $33,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Nu Skin Enterprises during the 1st quarter valued at $118,000. Finally, Hsbc Holdings PLC bought a new position in shares of Nu Skin Enterprises during the 1st quarter worth $619,000. 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.