Nu Skin Enterprises, Inc. (NUS) Scheduled to Post Quarterly Earnings on Wednesday
Nu Skin Enterprises, Inc. (NYSE:NUS) will be announcing its earnings results after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.95 per share for the quarter. Nu Skin Enterprises has set its Q3 guidance at $0.71-0.76 EPS and its FY17 guidance at $3.20-3.30 EPS.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 company had revenue of $550.10 million during the quarter, compared to the consensus estimate of $548.09 million. During the same quarter last year, the company earned $0.79 earnings per share. Nu Skin Enterprises’s revenue for the quarter was down 8.4% on a year-over-year basis. On average, analysts expect Nu Skin Enterprises to post $3.24 EPS for the current fiscal year and $3.42 EPS for the next fiscal year.
Shares of Nu Skin Enterprises, Inc. (NYSE NUS) opened at 63.17 on Wednesday. The firm has a market cap of $3.34 billion, a P/E ratio of 21.13 and a beta of 1.40. The firm has a 50-day moving average of $62.27 and a 200 day moving average of $59.82. Nu Skin Enterprises, Inc. has a 12 month low of $46.35 and a 12 month high of $65.85.
Several research firms recently weighed in on NUS. TheStreet upgraded Nu Skin Enterprises from a “c+” rating to a “b” rating in a report on Wednesday, August 2nd. Zacks Investment Research lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Stifel Nicolaus set a $50.00 target price on Nu Skin Enterprises and gave the stock a “sell” rating in a report on Thursday, August 3rd. Bank of America Corporation boosted their target price on Nu Skin Enterprises from $53.00 to $57.00 and gave the stock an “underperform” rating in a report on Monday, July 10th. Finally, BidaskClub lowered Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Nu Skin Enterprises presently has an average rating of “Hold” and an average price target of $62.00.
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In other news, General Counsel D Matthew Dorny sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $60.88, for a total transaction of $456,600.00. Following the completion of the transaction, the general counsel now directly owns 52,230 shares in the company, valued at $3,179,762.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Ryan S. Napierski sold 6,933 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $64.00, for a total value of $443,712.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,040 shares of company stock valued at $1,188,157. Corporate 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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