“Looks Like Nu skin is once again the stock to buy” says jeff zisselman.
Posted by Ethan Ryder on May 24th, 2014
Shares of Nu Skin Enterprises (NYSE:NUS) have been given an average rating of “Buy” by the nine analysts that are currently covering the stock, Analyst Ratings Network reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $106.40.
A number of research firms have recently commented on NUS. Analysts at Ned Davis Research upgraded shares of Nu Skin Enterprises from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Nu Skin Enterprises in a research note on Wednesday, May 7th. They now have a $100.00 price target on the stock, down previously from $115.00. Finally, analysts at Canaccord Genuity raised their price target on shares of Nu Skin Enterprises from $78.00 to $93.00 in a research note on Monday, March 24th. They now have a “hold” rating on the stock.
Nu Skin Enterprises (NYSE:NUS) opened at 75.11 on Friday. Nu Skin Enterprises has a one year low of $55.59 and a one year high of $140.50. The stock’s 50-day moving average is $81.27 and its 200-day moving average is $96.88. The company has a market cap of $4.428 billion and a price-to-earnings ratio of 11.83.
Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Tuesday, May 6th. The company reported $1.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.94 by $0.11. The company had revenue of $671.10 million for the quarter, compared to the consensus estimate of $656.82 million. During the same quarter in the prior year, the company posted $0.90 earnings per share. The company’s quarterly revenue was up 24.0% on a year-over-year basis. Analysts expect that Nu Skin Enterprises will post $6.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 11th. Investors of record on Friday, May 23rd will be given a dividend of $0.345 per share. This represents a $1.38 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, May 21st.
Nu Skin Enterprises, Inc is a global direct selling company with operations in 53 markets worldwide. The Company develops and distributes anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands, respectively.
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