$0.21 Earnings Per Share Expected for GNC Holdings, Inc. (GNC) This Quarter

Equities research analysts expect GNC Holdings, Inc. (NYSE:GNC) to report earnings of $0.21 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for GNC’s earnings, with estimates ranging from $0.20 to $0.23. GNC posted earnings of $0.07 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 200%. The firm is expected to issue its next quarterly earnings report on Thursday, February 15th.

On average, analysts expect that GNC will report full year earnings of $1.28 per share for the current fiscal year, with EPS estimates ranging from $1.15 to $1.33. For the next financial year, analysts anticipate that the company will post earnings of $1.12 per share, with EPS estimates ranging from $0.96 to $1.20. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow GNC.

GNC (NYSE:GNC) last released its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.01). The business had revenue of $609.47 million for the quarter, compared to analyst estimates of $614.08 million. GNC had a negative return on equity of 133.37% and a negative net margin of 15.11%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.59 EPS.

A number of brokerages recently issued reports on GNC. ValuEngine raised GNC from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Robert W. Baird reissued a “hold” rating and issued a $10.00 target price on shares of GNC in a research report on Sunday, September 17th. Bank of America dropped their target price on GNC from $6.25 to $5.50 and set an “underperform” rating on the stock in a research report on Tuesday, August 22nd. Barclays dropped their target price on GNC from $9.00 to $6.00 and set an “underweight” rating on the stock in a research report on Friday, October 27th. Finally, Zacks Investment Research lowered GNC from a “hold” rating to a “strong sell” rating in a research report on Friday, October 27th. Six research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. GNC has a consensus rating of “Hold” and a consensus price target of $7.95.

In other GNC news, CEO Kenneth Martindale sold 64,555 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $9.28, for a total value of $599,070.40. Following the completion of the transaction, the chief executive officer now directly owns 455,001 shares in the company, valued at $4,222,409.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Tim Mantel purchased 20,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was bought at an average price of $5.80 per share, with a total value of $116,000.00. The disclosure for this purchase can be found here. 1.85% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of GNC. Bayesian Capital Management LP bought a new position in shares of GNC during the 2nd quarter worth approximately $102,000. Quantitative Systematic Strategies LLC bought a new position in shares of GNC during the 3rd quarter worth approximately $109,000. WFG Advisors LP boosted its stake in shares of GNC by 13.1% during the 2nd quarter. WFG Advisors LP now owns 14,773 shares of the specialty retailer’s stock worth $125,000 after acquiring an additional 1,715 shares during the period. Stonebridge Capital Management Inc. bought a new position in shares of GNC during the 2nd quarter worth approximately $128,000. Finally, Sii Investments Inc. WI boosted its stake in shares of GNC by 22.5% during the 2nd quarter. Sii Investments Inc. WI now owns 23,268 shares of the specialty retailer’s stock worth $196,000 after acquiring an additional 4,268 shares during the period. Institutional investors own 61.93% of the company’s stock.

GNC (NYSE GNC) traded down $0.19 during midday trading on Friday, hitting $5.39. The stock had a trading volume of 3,093,311 shares, compared to its average volume of 3,099,297. The firm has a market capitalization of $371.93, a price-to-earnings ratio of 4.85 and a beta of 0.86. The company has a debt-to-equity ratio of -55.95, a quick ratio of 0.70 and a current ratio of 2.44. GNC has a 52 week low of $5.18 and a 52 week high of $14.64.

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GNC 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.

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Earnings History and Estimates for GNC (NYSE:GNC)

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