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Nu Skin Enterprises (NYSE:NUS) Stock Price Down 6.3% - Here's Why

Nu Skin Enterprises logo with Consumer Staples background

Key Points

  • Nu Skin Enterprises' shares have declined by 6.3%, trading around $11.56 after closing at $12.34.
  • Wall Street analysts have mixed views, with a consensus rating of "Hold" and an average price target of $6.88.
  • The company recently declared a quarterly dividend of $0.06 per share, reflecting a 2.0% annual yield.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) traded down 6.3% during trading on Wednesday . The company traded as low as $11.58 and last traded at $11.56. 215,457 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 651,520 shares. The stock had previously closed at $12.34.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Nu Skin Enterprises from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Zacks Research upgraded shares of Nu Skin Enterprises to a "hold" rating in a research report on Tuesday, August 12th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $6.88.

View Our Latest Report on Nu Skin Enterprises

Nu Skin Enterprises Price Performance

The business's 50 day moving average is $10.68 and its two-hundred day moving average is $8.50. The firm has a market capitalization of $589.55 million, a PE ratio of 5.91 and a beta of 0.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.01 and a quick ratio of 1.38.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its earnings results 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 business had revenue of $386.14 million for 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, research analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.24 annualized dividend and a dividend yield of 2.0%. Nu Skin Enterprises's dividend payout ratio (DPR) is 11.94%.

Insiders Place Their Bets

In other Nu Skin Enterprises news, Director Laura Nathanson sold 6,489 shares of Nu Skin Enterprises stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $12.22, for a total transaction of $79,295.58. Following the transaction, the director directly owned 33,149 shares of the company's stock, valued at approximately $405,080.78. This trade represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Daniel W. Campbell sold 23,391 shares of Nu Skin Enterprises stock in a transaction that occurred on Friday, August 29th. The stock was 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 in the company, valued at $645,837.50. This trade represents a 30.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,926 shares of company stock valued at $711,364. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its stake in shares of Nu Skin Enterprises by 107.4% during the second 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 in the last quarter. Man Group plc grew its holdings in shares of Nu Skin Enterprises by 209.6% in the second quarter. Man Group plc now owns 247,992 shares of the company's stock worth $1,981,000 after purchasing an additional 167,902 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Nu Skin Enterprises by 2.7% in the second quarter. BNP Paribas Financial Markets now owns 348,646 shares of the company's stock worth $2,786,000 after purchasing an additional 9,052 shares during the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Nu Skin Enterprises by 330.2% in the second quarter. Bridgeway Capital Management LLC now owns 215,124 shares of the company's stock worth $1,719,000 after purchasing an additional 165,124 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Nu Skin Enterprises in the second quarter worth approximately $174,000. 82.84% of the stock is owned by hedge funds and other institutional investors.

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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