Shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $11.99 and last traded at $12.05, with a volume of 121612 shares traded. The stock had previously closed at $12.25.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on NUS shares. DA Davidson dropped their target price on shares of Nu Skin Enterprises from $29.00 to $21.00 and set a "neutral" rating on the stock in a report on Friday, January 5th. StockNews.com downgraded shares of Nu Skin Enterprises from a "buy" rating to a "hold" rating in a research report on Saturday, February 24th. Four research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $23.67.
Check Out Our Latest Report on NUS
Nu Skin Enterprises Stock Down 1.6 %
The firm has a market capitalization of $595.51 million, a PE ratio of 66.95 and a beta of 1.11. The business's 50 day simple moving average is $13.75 and its 200 day simple moving average is $16.94. The company has a current ratio of 2.13, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.08. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. The business had revenue of $488.64 million during the quarter, compared to analysts' expectations of $479.35 million. On average, equities research analysts forecast that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current year.
Nu Skin Enterprises Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, February 26th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.99%. Nu Skin Enterprises's dividend payout ratio is presently 133.34%.
Insider Buying and Selling
In related news, Director Andrew D. Lipman sold 2,000 shares of Nu Skin Enterprises stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $18.55, for a total transaction of $37,100.00. Following the completion of the sale, the director now owns 31,225 shares in the company, valued at approximately $579,223.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders sold 6,000 shares of company stock valued at $86,660. Company insiders own 2.00% of the company's stock.
Institutional Investors Weigh In On Nu Skin Enterprises
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC lifted its holdings in Nu Skin Enterprises by 37.1% during the 2nd quarter. Eagle Bay Advisors LLC now owns 809 shares of the company's stock valued at $35,000 after buying an additional 219 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Nu Skin Enterprises in the 2nd quarter valued at about $30,000. Royal Bank of Canada raised its holdings in shares of Nu Skin Enterprises by 118.2% in the 3rd quarter. Royal Bank of Canada now owns 1,150 shares of the company's stock valued at $38,000 after purchasing an additional 623 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at about $33,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at about $83,000. Institutional investors own 82.84% of the company's stock.
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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