GNC Holdings Director Jeffrey Paul Berger Sells 19,200 Shares (GNC)
GNC Holdings (NYSE:GNC) Director Jeffrey Paul Berger sold 19,200 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $53.69, for a total value of $1,030,848.00. Following the transaction, the director now directly owns 14,192 shares of the company’s stock. The sale was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on GNC shares. Analysts at JPMorgan Chase & Co. raised their price target on shares of GNC Holdings (NYSE:GNC) from $52.00 to $59.00 in a research note to investors on Friday, July 26th. They now have an “overweight” rating on the stock. Separately, analysts at Credit Suisse raised their price target on shares of GNC Holdings (NYSE:GNC) from $50.00 to $58.00 in a research note to investors on Friday, July 26th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of GNC Holdings (NYSE:GNC) in a research note to investors on Friday, July 26th. They now have a $50.00 price target on the stock, down previously from $55.00.
Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $51.88.
Shares of GNC Holdings (NYSE:GNC) traded down 2.61% on Thursday, hitting $53.02. 1,167,926 shares of the company’s stock traded hands. GNC Holdings has a one year low of $30.92 and a one year high of $55.16. The stock has a 50-day moving average of $52.15 and a 200-day moving average of $45.83. The company has a market cap of $5.053 billion and a P/E ratio of 21.51.
GNC Holdings (NYSE:GNC) last released its earnings data on Thursday, July 25th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.70 by $0.03. The company had revenue of $676.30 million for the quarter, compared to the consensus estimate of $672.70 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. Analysts expect that GNC Holdings will post $2.87 EPS for the current fiscal year.
GNC Holdings, Inc (NYSE:GNC) is a holding company.
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