Nu Skin Enterprises (NYSE:NUS) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Nu Skin Enterprises (NYSE:NUS) from a buy rating to a hold rating in a research note released on Monday.

A number of other equities analysts have also issued reports on NUS. DA Davidson reduced their target price on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. Citigroup reduced their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd.

Nu Skin Enterprises Stock Performance

NUS opened at $7.84 on Monday. The company has a market cap of $389.88 million, a P/E ratio of -2.66 and a beta of 1.17. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The firm’s 50-day moving average price is $6.88 and its 200-day moving average price is $7.37. Nu Skin Enterprises has a 52-week low of $5.95 and a 52-week high of $14.04.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million for the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. As a group, equities analysts anticipate that Nu Skin Enterprises will post 1.06 EPS for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend is Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently -8.14%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Meeder Asset Management Inc. purchased a new stake in Nu Skin Enterprises in the fourth quarter valued at $25,000. US Bancorp DE raised its stake in shares of Nu Skin Enterprises by 424.2% during the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock valued at $51,000 after buying an additional 6,037 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Nu Skin Enterprises by 28.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock valued at $55,000 after buying an additional 1,768 shares during the period. Signaturefd LLC boosted its stake in shares of Nu Skin Enterprises by 536.8% in the fourth quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock worth $56,000 after buying an additional 6,817 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Nu Skin Enterprises by 2,412.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock worth $57,000 after acquiring an additional 7,888 shares during the period. Hedge funds and other institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Company Profile

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.