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

Nu Skin Enterprises (NYSE:NUS) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Monday.

Several other research analysts have also recently commented on NUS. Citigroup reduced their price target on Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research report on Tuesday, October 22nd. DA Davidson dropped their price objective on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research note on Friday, December 20th.

Nu Skin Enterprises Stock Up 17.4 %

Shares of NYSE NUS traded up $1.12 during midday trading on Monday, reaching $7.54. The company’s stock had a trading volume of 3,578,441 shares, compared to its average volume of 494,146. The stock has a 50 day simple moving average of $6.88 and a 200-day simple moving average of $7.39. The company has a current ratio of 1.93, a quick ratio of 1.20 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $374.57 million, a price-to-earnings ratio of -3.64 and a beta of 1.17. Nu Skin Enterprises has a fifty-two week low of $5.95 and a fifty-two week high of $14.64.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 5.81% and a positive return on equity of 5.47%. The firm had revenue of $445.55 million for the quarter, compared to analysts’ expectations of $441.10 million. Equities research analysts predict that Nu Skin Enterprises will post 0.68 earnings per share for the current year.

Hedge Funds Weigh In On Nu Skin Enterprises

Hedge funds and other institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC lifted its position in shares of Nu Skin Enterprises by 31.0% in the fourth quarter. Squarepoint Ops LLC now owns 180,151 shares of the company’s stock valued at $1,241,000 after buying an additional 42,601 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in Nu Skin Enterprises by 61.2% during the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company’s stock valued at $6,504,000 after purchasing an additional 358,400 shares during the last quarter. Two Sigma Investments LP boosted its position in Nu Skin Enterprises by 24.2% during the fourth quarter. Two Sigma Investments LP now owns 700,500 shares of the company’s stock worth $4,826,000 after purchasing an additional 136,624 shares during the period. Teza Capital Management LLC increased its holdings in shares of Nu Skin Enterprises by 12.6% in the fourth quarter. Teza Capital Management LLC now owns 34,411 shares of the company’s stock valued at $237,000 after purchasing an additional 3,854 shares during the last quarter. Finally, State of Wyoming raised its position in shares of Nu Skin Enterprises by 80.9% in the fourth quarter. State of Wyoming now owns 47,670 shares of the company’s stock valued at $328,000 after purchasing an additional 21,320 shares during the period. 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.