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Equities researchers at B. Riley raised their target price on shares of Nutrisystem (NASDAQ:NTRI) from $20.00 to $22.00 in a research report issued on Friday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. B. Riley’s price target would suggest a potential upside of 30.95% from the company’s current price.

Separately, analysts at Sidoti upgraded shares of Nutrisystem from a “neutral” rating to a “buy” rating in a research note on Friday, March 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $17.34.

Nutrisystem (NASDAQ:NTRI) opened at 16.80 on Friday. Nutrisystem has a 52 week low of $8.43 and a 52 week high of $20.54. The stock has a 50-day moving average of $14.95 and a 200-day moving average of $16.25. The company has a market cap of $470.8 million and a P/E ratio of 62.04.

Nutrisystem (NASDAQ:NTRI) last announced its earnings results 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 $0.60 earnings per share for the current fiscal year.

The company also recently declared a dividend, which is scheduled for Thursday, May 22nd. Investors of record on Monday, May 12th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Thursday, May 8th.

Nutrisystem, Inc (NASDAQ:NTRI) is a provider of a weight management system.

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