Nutrisystem Given Consensus Rating of “Hold” by Brokerages (NASDAQ:NTRI)
Shares of Nutrisystem (NASDAQ:NTRI) have received an average recommendation of “Hold” from the nine analysts that are covering the company, AnalystRatingsNetwork reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $17.34.
Several analysts have recently commented on the stock. Analysts at B. Riley raised their price target on shares of Nutrisystem from $20.00 to $22.00 in a research note on Friday, May 2nd. They now have a “buy” rating on the stock. Finally, analysts at Sidoti upgraded shares of Nutrisystem from a “neutral” rating to a “buy” rating in a research note on Friday, March 7th.
Shares of Nutrisystem (NASDAQ:NTRI) opened at 16.22 on Wednesday. Nutrisystem has a 52-week low of $8.46 and a 52-week high of $20.54. The stock has a 50-day moving average of $15.04 and a 200-day moving average of $16.3. The company has a market cap of $455.2 million and a price-to-earnings ratio of 59.53.
Nutrisystem (NASDAQ:NTRI) last issued its quarterly 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 $0.61 earnings per share for the current fiscal year.
The company also recently declared a quarterly 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. This represents a $0.70 dividend on an annualized basis and a yield of 4.32%. 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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