GNC Holdings Receives Consensus Recommendation of “Hold” from Analysts (NYSE:GNC)
GNC Holdings (NYSE:GNC) has received an average rating of “Hold” from the nineteen ratings firms that are presently covering the company, StockRatingsNetwork.com reports. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $45.98.
GNC Holdings (NYSE:GNC) traded up 0.38% during mid-day trading on Monday, hitting $33.99. 145,994 shares of the company’s stock traded hands. GNC Holdings has a 1-year low of $33.70 and a 1-year high of $60.98. The stock has a 50-day moving average of $36.41 and a 200-day moving average of $46.12. The company has a market cap of $3.094 billion and a price-to-earnings ratio of 12.38.
GNC Holdings (NYSE:GNC) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.75 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.76 by $0.01. The company had revenue of $677.28 million for the quarter, compared to the consensus estimate of $695.89 million. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. Analysts expect that GNC Holdings will post $3.06 EPS for the current fiscal year.
A number of analysts have recently weighed in on GNC shares. Analysts at JPMorgan Chase & Co. initiated coverage on shares of GNC Holdings in a research note on Tuesday, June 24th. They set an “equal weight” rating and a $39.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of GNC Holdings in a research note on Tuesday, June 24th. They set an “equal weight” rating and a $39.00 price target on the stock.
GNC Holdings, Inc (NYSE:GNC) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.