Nu Skin Enterprises Given Consensus Rating of “Buy” by Brokerages (NYSE:NUS)
Nu Skin Enterprises (NYSE:NUS) has received a consensus rating of “Buy” from the nine analysts that are covering the stock, StockRatingsNetwork reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $106.40.
NUS has been the subject of a number of recent research reports. Analysts at Ned Davis Research upgraded shares of Nu Skin Enterprises from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Nu Skin Enterprises in a research note on Wednesday, May 7th. They now have a $100.00 price target on the stock, down previously from $115.00. Finally, analysts at Canaccord Genuity raised their price target on shares of Nu Skin Enterprises from $78.00 to $93.00 in a research note on Monday, March 24th. They now have a “hold” rating on the stock.
Shares of Nu Skin Enterprises (NYSE:NUS) opened at 71.97 on Friday. Nu Skin Enterprises has a 52-week low of $55.59 and a 52-week high of $140.50. The stock has a 50-day moving average of $81.54 and a 200-day moving average of $97.20. The company has a market cap of $4.243 billion and a P/E ratio of 11.83.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $1.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.94 by $0.11. The company had revenue of $671.10 million for the quarter, compared to the consensus estimate of $656.82 million. During the same quarter last year, the company posted $0.90 earnings per share. Nu Skin Enterprises’s revenue was up 24.0% compared to the same quarter last year. On average, analysts predict that Nu Skin Enterprises will post $6.02 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 11th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, May 21st.
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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