Nu Skin Enterprises Stock Rating Upgraded by DA Davidson (NUS)
Nu Skin Enterprises (NYSE:NUS) was upgraded by stock analysts at DA Davidson from a “neutral” rating to a “buy” rating in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $110.00 price objective on the stock. DA Davidson’s price target indicates a potential upside of 18.68% from the stock’s previous close. The analysts noted that the move was a valuation call.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Nu Skin Enterprises from $100.00 to $110.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Zacks downgraded shares of Nu Skin Enterprises from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $101.20 price target on the stock. Finally, analysts at Sidoti downgraded shares of Nu Skin Enterprises from a “buy” rating to a “neutral” rating in a research note to investors on Friday, September 27th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $93.46.
Nu Skin Enterprises (NYSE:NUS) traded up 4.18% on Wednesday, hitting $96.56. 582,695 shares of the company’s stock traded hands. Nu Skin Enterprises has a one year low of $32.36 and a one year high of $100.00. The stock’s 50-day moving average is $92.08 and its 200-day moving average is $70.80. The company has a market cap of $5.664 billion and a P/E ratio of 23.38.
Nu Skin Enterprises (NYSE:NUS) last released its earnings data on Thursday, August 1st. The company reported $1.22 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.94 earnings per share. The company’s revenue for the quarter was up 15.1% on a year-over-year basis. On average, analysts predict that Nu Skin Enterprises will post $5.15 earnings per share for the current fiscal year.
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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