Nu Skin Enterprises (NYSE:NUS) Issues Earnings Results, Beats Estimates By $0.04 EPS

Nu Skin Enterprises (NYSE:NUS - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04, Briefing.com reports. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. The firm had revenue of $417.31 million for the quarter, compared to analysts' expectations of $426.55 million. During the same quarter in the prior year, the firm posted $0.37 earnings per share. Nu Skin Enterprises's revenue for the quarter was down 13.3% compared to the same quarter last year.

Nu Skin Enterprises Stock Performance

NUS stock traded up $0.36 on Thursday, reaching $12.78. The company's stock had a trading volume of 758,837 shares, compared to its average volume of 729,770. Nu Skin Enterprises has a 52 week low of $11.73 and a 52 week high of $38.23. The company has a market capitalization of $631.59 million, a P/E ratio of 70.56 and a beta of 1.13. The firm has a fifty day moving average of $12.66 and a two-hundred day moving average of $15.89. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.13 and a quick ratio of 1.28.

Nu Skin Enterprises Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, February 26th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Friday, February 23rd. Nu Skin Enterprises's dividend payout ratio (DPR) is 133.34%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. StockNews.com cut Nu Skin Enterprises from a "buy" rating to a "hold" rating in a research note on Saturday, February 24th. DA Davidson dropped their price target on Nu Skin Enterprises from $15.50 to $12.50 and set a "neutral" rating on the stock in a research report on Thursday. Four analysts have rated the stock with a hold rating, According to data from MarketBeat, Nu Skin Enterprises has an average rating of "Hold" and an average target price of $20.83.

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.