Nu Skin Enterprises Sets New 52-Week Low at $41.61 (NUS)
Nu Skin Enterprises (NYSE:NUS)’s share price reached a new 52-week low on Tuesday , StockRatingsNetwork reports. The company traded as low as $41.61 and last traded at $42.08, with a volume of 2,834,629 shares trading hands. The stock had previously closed at $44.72.
A number of analysts have recently weighed in on NUS shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Nu Skin Enterprises in a research note on Thursday, August 7th. They now have a $70.00 price target on the stock, down previously from $110.00. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Nu Skin Enterprises in a research note on Thursday, August 7th. They now have a $53.00 price target on the stock, down previously from $92.00. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Nu Skin Enterprises from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $50.00 price target on the stock, down previously from $100.00. Three analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Nu Skin Enterprises presently has an average rating of “Hold” and a consensus target price of $76.78.
The stock’s 50-day moving average is $55.68 and its 200-day moving average is $72.57. The company has a market cap of $2.512 billion and a price-to-earnings ratio of 8.85.
Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Wednesday, August 6th. The company reported $1.13 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.27 by $0.14. The company had revenue of $650.00 million for the quarter, compared to the consensus estimate of $709.03 million. During the same quarter in the prior year, the company posted $1.22 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. On average, analysts predict that Nu Skin Enterprises will post $4.13 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Investors of record on Friday, September 12th will be paid a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Wednesday, September 10th.
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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