Nu Skin Enterprises Lowered to Neutral at Sidoti (NUS)
Nu Skin Enterprises (NYSE:NUS) was downgraded by equities research analysts at Sidoti from a “buy” rating to a “neutral” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports.
Nu Skin Enterprises (NYSE:NUS) traded down 2.09% during mid-day trading on Friday, hitting $96.19. The stock had a trading volume of 182,486 shares. Nu Skin Enterprises has a one year low of $32.36 and a one year high of $99.60. The stock has a 50-day moving average of $89.45 and a 200-day moving average of $67.05. The company has a market cap of $5.643 billion and a P/E ratio of 24.78.
Nu Skin Enterprises (NYSE:NUS) last released its earnings data on Thursday, August 1st. The company reported $1.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.26. The company had revenue of $682.90 million for the quarter, compared to the consensus estimate of $579.10 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis.
Other equities research analysts have also recently issued reports about the stock. Analysts at DA Davidson downgraded shares of Nu Skin Enterprises (NYSE:NUS) from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, September 12th. They noted that the move was a valuation call. Separately, analysts at Wedbush raised their price target on shares of Nu Skin Enterprises (NYSE:NUS) from $81.00 to $103.00 in a research note to investors on Monday, August 5th. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Nu Skin Enterprises (NYSE:NUS) from $82.50 to $97.00 in a research note to investors on Monday, August 5th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $86.60.
Nu Skin Enterprises, Inc is a global direct selling company with operations in 53 markets worldwide. The Company develops and distributes anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands, respectively.
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