Equities analysts predict that GNC Holdings Inc (NYSE:GNC) will report $549.45 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for GNC’s earnings, with the highest sales estimate coming in at $554.04 million and the lowest estimate coming in at $544.86 million. GNC posted sales of $569.93 million during the same quarter last year, which suggests a negative year over year growth rate of 3.6%. The business is expected to report its next quarterly earnings results on Thursday, February 15th.

According to Zacks, analysts expect that GNC will report full-year sales of $549.45 million for the current fiscal year, with estimates ranging from $2.44 billion to $2.47 billion. For the next year, analysts expect that the firm will post sales of $2.42 billion per share, with estimates ranging from $2.31 billion to $2.50 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover GNC.

GNC (NYSE:GNC) last issued its earnings results on Thursday, October 26th. The specialty retailer reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.01). The business had revenue of $609.47 million during the quarter, compared to analyst estimates of $614.08 million. GNC had a negative net margin of 15.11% and a negative return on equity of 133.37%. 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 posted $0.59 EPS.

A number of brokerages have weighed in on GNC. Robert W. Baird reaffirmed a “hold” rating and issued a $10.00 target price on shares of GNC in a report on Sunday, September 17th. ValuEngine raised GNC from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Barclays reduced their target price on GNC from $9.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, October 27th. Finally, Zacks Investment Research downgraded GNC from a “hold” rating to a “strong sell” rating in a report on Friday, October 27th. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. GNC presently has an average rating of “Hold” and an average price target of $8.10.

Shares of GNC (GNC) traded up $0.18 during mid-day trading on Friday, hitting $3.57. The company’s stock had a trading volume of 3,180,000 shares, compared to its average volume of 4,406,558. The firm has a market cap of $246.34, a P/E ratio of 3.05 and a beta of 0.79. GNC has a 52-week low of $3.13 and a 52-week high of $11.79. The company has a debt-to-equity ratio of -55.95, a quick ratio of 0.70 and a current ratio of 2.44.

In other news, EVP Tim Mantel purchased 20,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was bought at an average cost of $5.80 per share, for a total transaction of $116,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.85% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Bayesian Capital Management LP bought a new position in GNC during the 2nd quarter worth $102,000. Quantitative Systematic Strategies LLC bought a new position in GNC during the 3rd quarter worth $109,000. WFG Advisors LP raised its position in 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 purchasing an additional 1,715 shares during the last quarter. Sii Investments Inc. WI raised its position in 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 purchasing an additional 4,268 shares during the last quarter. Finally, Comerica Bank raised its position in GNC by 6.7% during the 2nd quarter. Comerica Bank now owns 22,443 shares of the specialty retailer’s stock worth $201,000 after purchasing an additional 1,419 shares during the last quarter. 61.81% of the stock is owned by institutional investors and hedge funds.

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About GNC

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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