Nutrisystem Inc. Announces Dividend of $0.18 (NTRI)
Nutrisystem (NASDAQ:NTRI) declared a dividend on Thursday, May 1st, American Banking and Market News reports. Shareholders of record on Monday, May 12th will be given a dividend of 0.175 per share on Thursday, May 22nd. The ex-dividend date of this dividend is Thursday, May 8th.
NTRI has been the subject of a number of recent research reports. Analysts at B. Riley initiated coverage on shares of Nutrisystem in a research note on Thursday, April 10th. They set a “buy” rating and a $20.00 price target on the stock. Analysts at Sidoti upgraded shares of Nutrisystem from a “neutral” rating to a “buy” rating in a research note on Friday, March 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Nutrisystem has a consensus rating of “Hold” and an average target price of $17.05.
Shares of Nutrisystem (NASDAQ:NTRI) opened at 15.51 on Friday. Nutrisystem has a 52-week low of $7.92 and a 52-week high of $20.54. The stock has a 50-day moving average of $14.90 and a 200-day moving average of $16.24. The company has a market cap of $434.6 million and a price-to-earnings ratio of 60.00.
Nutrisystem (NASDAQ:NTRI) last released its earnings data on Thursday, May 1st. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.03. The company had revenue of $122.20 million for the quarter, compared to the consensus estimate of $121.45 million. Nutrisystem’s revenue was up 15.9% compared to the same quarter last year. On average, analysts predict that Nutrisystem will post $0.56 earnings per share for the current fiscal year.
Nutrisystem, Inc (NASDAQ:NTRI) is a provider of a weight management system.
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