Nu Skin Enterprises (NYSE:NUS) Upgraded at StockNews.com

StockNews.com upgraded shares of Nu Skin Enterprises (NYSE:NUS) from a hold rating to a buy rating in a report issued on Tuesday morning.

Separately, DA Davidson decreased their price target 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 Price Performance

Shares of Nu Skin Enterprises stock opened at $7.94 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. Nu Skin Enterprises has a 52-week low of $5.95 and a 52-week high of $14.04. The company has a fifty day moving average of $6.92 and a 200-day moving average of $7.28. The stock has a market capitalization of $395.00 million, a price-to-earnings ratio of -2.69 and a beta of 1.17.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.14. The business had revenue of $445.55 million during 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%. Equities research analysts expect that Nu Skin Enterprises will post 1.05 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date is Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -8.14%.

Hedge Funds Weigh In On Nu Skin Enterprises

Several hedge funds and other institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio increased its holdings in Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock valued at $55,000 after purchasing an additional 1,768 shares during the period. Franklin Resources Inc. grew its position in shares of Nu Skin Enterprises by 6.5% in the 4th quarter. Franklin Resources Inc. now owns 34,307 shares of the company’s stock worth $236,000 after buying an additional 2,091 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Nu Skin Enterprises by 5.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 53,711 shares of the company’s stock valued at $371,000 after buying an additional 2,702 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Nu Skin Enterprises by 29.5% during the fourth quarter. Russell Investments Group Ltd. now owns 12,146 shares of the company’s stock valued at $83,000 after buying an additional 2,768 shares during the period. Finally, Ballentine Partners LLC raised its holdings in shares of Nu Skin Enterprises by 15.5% during the fourth quarter. Ballentine Partners LLC now owns 20,856 shares of the company’s stock valued at $144,000 after acquiring an additional 2,800 shares in the last quarter. 82.84% of the stock is owned by institutional investors.

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.