Nature’s Sunshine Products (NASDAQ:NATR) Upgraded by StockNews.com to Strong-Buy

StockNews.com upgraded shares of Nature’s Sunshine Products (NASDAQ:NATR) from a buy rating to a strong-buy rating in a research report released on Tuesday.

Separately, DA Davidson cut their price target on Nature’s Sunshine Products from $23.00 to $21.00 and set a buy rating for the company in a report on Monday, August 12th.

Nature’s Sunshine Products Price Performance

NASDAQ NATR opened at $13.25 on Tuesday. The stock’s 50 day simple moving average is $14.48 and its 200-day simple moving average is $16.42. Nature’s Sunshine Products has a 1-year low of $10.81 and a 1-year high of $21.72. The company has a market cap of $248.17 million, a PE ratio of 15.53 and a beta of 0.87.

Nature’s Sunshine Products (NASDAQ:NATR) last released its earnings results on Thursday, August 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.18). The business had revenue of $110.55 million for the quarter. Nature’s Sunshine Products had a return on equity of 9.79% and a net margin of 3.50%.

Institutional Trading of Nature’s Sunshine Products

Several institutional investors have recently made changes to their positions in the company. Jump Financial LLC purchased a new stake in Nature’s Sunshine Products in the fourth quarter valued at $208,000. Hillsdale Investment Management Inc. lifted its position in Nature’s Sunshine Products by 50.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 198,730 shares of the company’s stock valued at $3,436,000 after buying an additional 66,500 shares during the last quarter. Trexquant Investment LP purchased a new position in Nature’s Sunshine Products during the fourth quarter worth about $217,000. Wasatch Advisors LP acquired a new stake in shares of Nature’s Sunshine Products during the fourth quarter valued at about $7,430,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Nature’s Sunshine Products by 12.7% in the 1st quarter. BNP Paribas Financial Markets now owns 15,207 shares of the company’s stock valued at $316,000 after acquiring an additional 1,715 shares during the period. Hedge funds and other institutional investors own 79.40% of the company’s stock.

About Nature’s Sunshine Products

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.