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Pacific Crest began coverage on shares of Nutrisystem (NASDAQ:NTRI) in a research note issued on Monday. The firm set an “outperform” rating and a $16.71 price target on the stock.

A number of other analysts have also recently weighed in on NTRI. Analysts at Barrington Research initiated coverage on shares of Nutrisystem in a research note on Monday. They set an “outperform” rating and a $20.00 price target on the stock. Separately, 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 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $17.56.

Shares of Nutrisystem (NASDAQ:NTRI) traded up 3.23% during mid-day trading on Monday, hitting $17.25. 224,111 shares of the company’s stock traded hands. Nutrisystem has a 52 week low of $9.67 and a 52 week high of $20.54. The stock’s 50-day moving average is $16.10 and its 200-day moving average is $15.95. The company has a market cap of $485.6 million and a price-to-earnings ratio of 60.11.

Nutrisystem (NASDAQ:NTRI) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.01 earnings per share (EPS) for the quarter, beating the 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. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, analysts predict that Nutrisystem will post $0.62 earnings per share for the current fiscal year.

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

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