GNC Holdings Inc. Hits New 52-Week High at $55.86 (GNC)
Shares of GNC Holdings (NYSE:GNC) hit a new 52-week high on Thursday, AR Network reports. The company traded as high as $55.86 and last traded at $55.50, with a volume of 633,525 shares trading hands. The stock had previously closed at $55.50.
A number of research firms have recently commented on GNC. Analysts at Jefferies Group initiated coverage on shares of GNC Holdings in a research note to investors on Monday, October 7th. They set a “buy” rating and a $68.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of GNC Holdings from a “hold” rating to a “buy” rating in a research note to investors on Thursday, October 3rd. Finally, analysts at Deutsche Bank initiated coverage on shares of GNC Holdings in a research note to investors on Wednesday, September 25th. They set a “buy” rating and a $62.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $55.75.
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 $52.3 and a 200-day moving average of $45.96. The company has a market cap of $5.298 billion and a price-to-earnings ratio of 21.93.
GNC Holdings (NYSE:GNC) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter 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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