Nu Skin Enterprises (NYSE:NUS) Sets New 12-Month Low at $9.74

Nu Skin Enterprises, Inc. (NYSE:NUS)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $9.74 and last traded at $10.10, with a volume of 448619 shares changing hands. The stock had previously closed at $10.14.

Analyst Upgrades and Downgrades

Separately, DA Davidson lowered their price target on shares of Nu Skin Enterprises from $15.50 to $12.50 and set a “neutral” rating for the company in a report on Thursday, May 9th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Nu Skin Enterprises has a consensus rating of “Hold” and an average price target of $20.83.

Nu Skin Enterprises Stock Performance

The firm’s 50-day moving average is $12.15 and its 200 day moving average is $13.67. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.09 and a quick ratio of 1.24.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04. Nu Skin Enterprises had a negative net margin of 0.17% and a positive return on equity of 9.28%. The firm had revenue of $417.31 million for the quarter, compared to analyst estimates of $426.55 million. During the same period in the previous year, the business earned $0.37 EPS. The company’s revenue was down 13.3% compared to the same quarter last year. As a group, equities analysts forecast that Nu Skin Enterprises, Inc. will post 1.1 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Friday, May 31st were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date was Friday, May 31st. Nu Skin Enterprises’s payout ratio is currently -399.93%.

Insider Buying and Selling at Nu Skin Enterprises

In related news, Director Andrew D. Lipman sold 2,000 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $13.33, for a total value of $26,660.00. Following the transaction, the director now directly owns 23,225 shares in the company, valued at $309,589.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 5,693 shares of company stock worth $71,690 over the last ninety days. Insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Nu Skin Enterprises

Hedge funds and other institutional investors have recently made changes to their positions in the company. SummerHaven Investment Management LLC boosted its stake in shares of Nu Skin Enterprises by 2.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 24,107 shares of the company’s stock valued at $468,000 after purchasing an additional 564 shares in the last quarter. CWM LLC boosted its position in Nu Skin Enterprises by 38.4% in the first quarter. CWM LLC now owns 3,286 shares of the company’s stock valued at $45,000 after buying an additional 911 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Nu Skin Enterprises by 30.5% during the first quarter. Public Employees Retirement System of Ohio now owns 3,926 shares of the company’s stock worth $54,000 after buying an additional 918 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Nu Skin Enterprises by 25.1% during the fourth quarter. Signaturefd LLC now owns 5,000 shares of the company’s stock worth $97,000 after buying an additional 1,004 shares in the last quarter. Finally, Gladius Capital Management LP increased its holdings in shares of Nu Skin Enterprises by 18.7% during the fourth quarter. Gladius Capital Management LP now owns 9,967 shares of the company’s stock worth $194,000 after buying an additional 1,570 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors and hedge funds.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.