GNC Holdings, Inc. (GNC) Scheduled to Post Earnings on Thursday
GNC Holdings, Inc. (NYSE:GNC) will be posting its quarterly earnings results before the market opens on Thursday, October 26th. Analysts expect GNC Holdings to post earnings of $0.34 per share for the quarter.
GNC Holdings (NYSE:GNC) last issued its quarterly earnings data on Thursday, July 27th. The specialty retailer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. GNC Holdings had a negative net margin of 14.56% and a positive return on equity of 285.93%. The firm had revenue of $640.99 million for the quarter, compared to analyst estimates of $646.48 million. During the same period in the prior year, the business posted $0.79 EPS. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. On average, analysts expect GNC Holdings to post $1.37 EPS for the current fiscal year and $1.34 EPS for the next fiscal year.
GNC Holdings, Inc. (NYSE GNC) opened at 8.13 on Thursday. GNC Holdings, Inc. has a one year low of $6.51 and a one year high of $22.32. The firm’s market capitalization is $556.64 million. The stock has a 50 day moving average of $8.69 and a 200 day moving average of $8.26.
A number of equities research analysts recently issued reports on the stock. ValuEngine upgraded shares of GNC Holdings from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Barclays PLC boosted their target price on shares of GNC Holdings from $7.00 to $9.00 and gave the company an “underweight” rating in a report on Friday, July 28th. Zacks Investment Research raised shares of GNC Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Robert W. Baird reaffirmed a “hold” rating and set a $10.00 price target on shares of GNC Holdings in a research report on Sunday, September 17th. Finally, BidaskClub cut shares of GNC Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.37.
In other GNC Holdings news, CEO Kenneth Martindale sold 64,555 shares of GNC Holdings stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $9.28, for a total transaction of $599,070.40. Following the transaction, the chief executive officer now directly owns 455,001 shares of the company’s stock, valued at $4,222,409.28. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.85% of the company’s stock.
About GNC Holdings
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.
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