Nu Skin Enterprises (NYSE:NUS) Shares Gap Up - Still a Buy?

Key Points

• Nu Skin Enterprises' shares gapped up on Tuesday, opening at $14.00 compared to a previous close of $12.84, and last traded at $13.69 with a trading volume of 309,940 shares.
• Analysts have shown increased confidence in the stock, with Wall Street Zen upgrading it to a "strong-buy" rating, while the consensus rating remains a "Hold" with an average price target of $6.88.
• The company reported a quarterly EPS of $0.43, exceeding estimates by $0.18, and announced a dividend of $0.06 per share, reflecting a 2.0% yield.

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $12.84, but opened at $14.00. Nu Skin Enterprises shares last traded at $13.69, with a volume of 309,940 shares changing hands.

Analyst Ratings Changes

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

Nu Skin Enterprises Price Performance

The firm has a market capitalization of $601.13 million, a PE ratio of 6.04 and a beta of 0.92. The business has a 50-day moving average of $10.61 and a 200 day moving average of $8.48. The company has a current ratio of 2.01, a quick ratio of 1.38 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 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.18. The business had revenue of $386.14 million during the quarter, compared to analyst estimates of $376.68 million. Nu Skin Enterprises had a return on equity of 8.23% and a net margin of 6.20%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The business 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. This represents a $0.24 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, August 29th. Nu Skin Enterprises's dividend payout ratio is presently 11.94%.

Insider Activity at Nu Skin Enterprises

In related news, Director Daniel W. Campbell sold 23,391 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $12.10, for a total value of $283,031.10. Following the completion of the sale, the director directly owned 53,375 shares of the company's stock, valued at approximately $645,837.50. This represents a 30.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Laura Nathanson sold 6,489 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $12.22, for a total value of $79,295.58. Following the sale, the director directly owned 33,149 shares of the company's stock, valued at approximately $405,080.78. This represents a 16.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 58,926 shares of company stock valued at $711,364. 2.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Nu Skin Enterprises

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in Nu Skin Enterprises by 102.0% in the 1st quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock worth $25,000 after acquiring an additional 1,766 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Nu Skin Enterprises in the 2nd quarter worth about $25,000. New York State Teachers Retirement System purchased a new stake in Nu Skin Enterprises in the 1st quarter worth about $33,000. Tower Research Capital LLC TRC increased its holdings in Nu Skin Enterprises by 107.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company's stock worth $40,000 after acquiring an additional 2,614 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in Nu Skin Enterprises by 28.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock worth $55,000 after acquiring an additional 1,768 shares during the last quarter. Hedge funds and other 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.

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