Shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.18 and traded as high as $9.29. Nu Skin Enterprises shares last traded at $9.25, with a volume of 462,350 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Nu Skin Enterprises from a "hold" rating to a "buy" rating in a report on Monday, May 12th.
Check Out Our Latest Analysis on NUS
Nu Skin Enterprises Stock Performance
The stock has a 50 day moving average price of $7.83 and a two-hundred day moving average price of $7.23. The company has a quick ratio of 1.29, a current ratio of 2.02 and a debt-to-equity ratio of 0.29. The company has a market cap of $457.54 million, a P/E ratio of -11.57 and a beta of 0.95.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 6.99% and a negative net margin of 2.30%. The firm had revenue of $364.49 million for the quarter, compared to analyst estimates of $352.06 million. On average, research analysts predict that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.
Nu Skin Enterprises Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.59%. The ex-dividend date was Friday, May 30th. Nu Skin Enterprises's payout ratio is presently -30.00%.
Insider Activity
In other news, Director Edwina D. Woodbury sold 4,532 shares of the business's 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 transaction, the director directly owned 42,947 shares of the company's stock, valued at $362,472.68. The trade was a 9.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Steven Keith Hatchett purchased 6,500 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $7.54 per share, for a total transaction of $49,010.00. Following the completion of the purchase, the insider owned 162,065 shares in the company, valued at $1,221,970.10. This trade represents a 4.18% increase in their position. The disclosure for this purchase can be found here. 2.00% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in NUS. GAMMA Investing LLC increased its holdings in Nu Skin Enterprises by 102.0% during the 1st 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. Meeder Asset Management Inc. bought a new stake in Nu Skin Enterprises during the 4th quarter worth approximately $25,000. New York State Teachers Retirement System bought a new stake in Nu Skin Enterprises during the 1st quarter worth approximately $33,000. US Bancorp DE increased its holdings in Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company's stock worth $51,000 after purchasing an additional 6,037 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock worth $55,000 after purchasing an additional 1,768 shares in the last quarter. 82.84% of the stock is owned by institutional investors and hedge funds.
About Nu Skin Enterprises
(
Get Free Report)
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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