GNC Holdings, Inc. (NYSE:GNC)‘s stock had its “hold” rating reiterated by stock analysts at Robert W. Baird in a report issued on Sunday. They presently have a $10.00 target price on the specialty retailer’s stock. Robert W. Baird’s price objective would suggest a potential downside of 1.57% from the stock’s current price.

Other analysts have also recently issued reports about the company. BidaskClub cut GNC Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. ValuEngine cut GNC Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Barclays PLC lifted their price target on GNC Holdings from $7.00 to $9.00 and gave the company an “underweight” rating in a research report on Friday, July 28th. Zacks Investment Research upgraded GNC Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Bank of America Corporation lowered their price target on GNC Holdings from $6.25 to $5.50 and set an “underperform” rating on the stock in a research report on Tuesday, August 22nd. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $8.39.

Shares of GNC Holdings (NYSE:GNC) opened at 10.16 on Friday. GNC Holdings has a 52 week low of $6.51 and a 52 week high of $22.32. The firm’s market capitalization is $695.63 million. The firm has a 50 day moving average price of $9.10 and a 200-day moving average price of $8.05.

GNC Holdings (NYSE:GNC) last posted its earnings results on Thursday, July 27th. The specialty retailer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. GNC Holdings had a positive return on equity of 285.93% and a negative net margin of 14.56%. The firm had revenue of $640.99 million for the quarter, compared to analysts’ expectations of $646.48 million. During the same period last year, the firm earned $0.79 EPS. The firm’s revenue was down 4.8% compared to the same quarter last year. Equities research analysts predict that GNC Holdings will post $1.36 EPS for the current fiscal year.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital Investment Counsel Inc boosted its stake in shares of GNC Holdings by 2.7% during the 1st quarter. Capital Investment Counsel Inc now owns 33,675 shares of the specialty retailer’s stock worth $248,000 after acquiring an additional 900 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of GNC Holdings by 0.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 153,115 shares of the specialty retailer’s stock worth $1,127,000 after acquiring an additional 1,153 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of GNC Holdings by 1.1% during the 2nd quarter. Teachers Advisors LLC now owns 124,251 shares of the specialty retailer’s stock worth $1,047,000 after acquiring an additional 1,315 shares in the last quarter. American International Group Inc. boosted its stake in shares of GNC Holdings by 3.3% during the 1st quarter. American International Group Inc. now owns 42,261 shares of the specialty retailer’s stock worth $311,000 after acquiring an additional 1,362 shares in the last quarter. Finally, Comerica Bank boosted its stake in shares of GNC Holdings by 6.7% during the 2nd quarter. Comerica Bank now owns 22,443 shares of the specialty retailer’s stock worth $201,000 after acquiring an additional 1,419 shares in the last quarter. 65.53% of the stock is owned by institutional investors and hedge funds.

GNC Holdings Company Profile

GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.

Analyst Recommendations for GNC Holdings (NYSE:GNC)

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