Nutrisystem Inc. Sets New 1-Year High at $13.10 (NTRI)
Nutrisystem (NASDAQ:NTRI) set a new 52-week high during trading hours on Wednesday, StockRatingsNetwork.com reports. The company traded as high as $13.10 and last traded at $12.99, with a volume of 135,290 shares. The stock had previously closed at $12.92.
NTRI has been the subject of a number of recent research reports. Analysts at Imperial Capital initiated coverage on shares of Nutrisystem (NASDAQ:NTRI) in a research note to investors on Thursday, August 15th. They set an “in-line” rating and a $14.00 price target on the stock. Separately, analysts at Standpoint Research downgraded shares of Nutrisystem (NASDAQ:NTRI) from a “buy” rating to a “hold” rating in a research note to investors on Friday, August 2nd. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Nutrisystem (NASDAQ:NTRI) in a research note to investors on Wednesday, July 31st. They now have a $15.00 price target on the stock, up previously from $10.00.
Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Nutrisystem currently has an average rating of “Hold” and a consensus price target of $13.33.
Nutrisystem has a 52-week low of $7.18 and a 52-week high of $13.10. The stock has a 50-day moving average of $12.57 and a 200-day moving average of $9.. The company has a market cap of $363.3 million and a price-to-earnings ratio of 114.34.
Nutrisystem (NASDAQ:NTRI) last announced its earnings results on Monday, July 29th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $97.50 million for the quarter, compared to the consensus estimate of $100.30 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was down 21.7% on a year-over-year basis. Analysts expect that Nutrisystem will post $0.33 EPS for the current fiscal year.
Nutrisystem, Inc (NASDAQ:NTRI) is a provider of a weight management system.
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