GNC Holdings Inc (GNC) Given Average Recommendation of “Hold” by Brokerages

Shares of GNC Holdings Inc (NYSE:GNC) have earned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $8.12.

GNC has been the topic of several research reports. Zacks Investment Research cut GNC from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. ValuEngine upgraded GNC from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. Finally, Barclays cut their target price on GNC from $9.00 to $6.00 and set an “underweight” rating on the stock in a research note on Friday, October 27th.

In related news, EVP Tim Mantel acquired 20,000 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were bought at an average price of $5.80 per share, for a total transaction of $116,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.85% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Teachers Advisors LLC raised its stake in shares of GNC by 1.1% during the 2nd quarter. Teachers Advisors LLC now owns 124,251 shares of the specialty retailer’s stock worth $1,047,000 after purchasing an additional 1,315 shares in the last quarter. Comerica Bank raised its stake in shares of 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 in the last quarter. WFG Advisors LP raised 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 purchasing an additional 1,715 shares in the last quarter. Sii Investments Inc. WI raised 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 purchasing an additional 4,268 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of GNC by 3.4% during the 2nd quarter. Rhumbline Advisers now owns 137,184 shares of the specialty retailer’s stock worth $1,156,000 after purchasing an additional 4,460 shares in the last quarter. Institutional investors own 61.81% of the company’s stock.

GNC (NYSE:GNC) traded down $0.48 during midday trading on Friday, reaching $4.78. The company’s stock had a trading volume of 12,901,903 shares, compared to its average volume of 7,424,415. The company has a market cap of $329.83, a PE ratio of -0.88 and a beta of 0.79. The company has a debt-to-equity ratio of -55.95, a current ratio of 2.44 and a quick ratio of 0.70. GNC has a 12-month low of $3.13 and a 12-month high of $10.95.

GNC (NYSE:GNC) last released its earnings results on Thursday, October 26th. The specialty retailer reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01). The firm had revenue of $609.47 million during the quarter, compared to the consensus estimate 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 was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 EPS. sell-side analysts forecast that GNC will post 1.28 earnings per share for the current fiscal year.

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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.

Analyst Recommendations for GNC (NYSE:GNC)

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