Nu Skin Enterprises, Inc. (NUS) Issues Q3 Earnings Guidance
Nu Skin Enterprises, Inc. (NYSE:NUS) updated its third quarter earnings guidance on Thursday. The company provided EPS guidance of $0.74-0.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. The company issued revenue guidance of $559-563 million, compared to the consensus revenue estimate of $559.04 million.
Several analysts have commented on the stock. Zacks Investment Research downgraded shares of Nu Skin Enterprises from a buy rating to a hold rating in a research report on Thursday, October 5th. TheStreet raised shares of Nu Skin Enterprises from a c+ rating to a b rating in a research report on Wednesday, August 2nd. BidaskClub downgraded shares of Nu Skin Enterprises from a strong-buy rating to a buy rating in a research report on Monday, July 31st. Bank of America Corporation boosted their target price on shares of Nu Skin Enterprises from $53.00 to $57.00 and gave the stock an underperform rating in a research report on Monday, July 10th. Finally, Deutsche Bank AG boosted their target price on shares of Nu Skin Enterprises from $63.00 to $66.00 and gave the stock a buy rating in a research report on Wednesday, June 21st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $62.00.
Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) opened at 62.80 on Thursday. The stock has a 50 day moving average of $61.42 and a 200-day moving average of $59.19. The firm has a market capitalization of $3.32 billion, a PE ratio of 21.00 and a beta of 1.40. Nu Skin Enterprises, Inc. has a 52 week low of $46.35 and a 52 week high of $65.98.
Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Wednesday, August 2nd. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.08. Nu Skin Enterprises had a net margin of 7.53% and a return on equity of 24.14%. The business had revenue of $550.10 million during the quarter, compared to analysts’ expectations of $548.09 million. During the same period last year, the business earned $0.79 earnings per share. The firm’s revenue was down 8.4% on a year-over-year basis. Equities analysts anticipate that Nu Skin Enterprises, Inc. will post $3.23 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Friday, August 25th were given a dividend of $0.36 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.44 dividend on an annualized basis and a yield of 2.29%. Nu Skin Enterprises’s dividend payout ratio (DPR) is 48.81%.
In other Nu Skin Enterprises news, President Ryan S. Napierski sold 8,000 shares of Nu Skin Enterprises stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $65.00, for a total transaction of $520,000.00. Following the completion of the transaction, the president now directly owns 68,170 shares of the company’s stock, valued at $4,431,050. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Ryan S. Napierski sold 6,933 shares of Nu Skin Enterprises stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $64.00, for a total transaction of $443,712.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 27,040 shares of company stock valued at $1,708,157. Company insiders own 5.20% of the company’s stock.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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