Nu Skin Enterprises (NYSE:NUS) Rating Increased to Buy 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 lowered their target price on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating on the stock in a research report on Friday, December 20th.

Nu Skin Enterprises Trading Up 5.9 %

Shares of Nu Skin Enterprises stock opened at $8.11 on Tuesday. Nu Skin Enterprises has a 52-week low of $5.95 and a 52-week high of $14.04. 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 company’s 50-day simple moving average is $6.89 and its 200-day simple moving average is $7.29. The firm has a market cap of $402.98 million, a price-to-earnings ratio of -2.75 and a beta of 1.17.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The company had revenue of $445.55 million for the quarter, compared to analyst estimates of $441.10 million. As a group, equities research analysts anticipate that Nu Skin Enterprises will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The firm 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 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Monday, February 24th. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently -8.14%.

Institutional Trading of Nu Skin Enterprises

Several institutional investors and hedge funds have recently modified their holdings of NUS. Meeder Asset Management Inc. purchased a new stake in shares of Nu Skin Enterprises in the fourth quarter valued at about $25,000. US Bancorp DE lifted its holdings in shares of Nu Skin Enterprises by 424.2% in the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock valued at $51,000 after purchasing an additional 6,037 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Nu Skin Enterprises by 28.5% in the fourth 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 in the last quarter. Signaturefd LLC lifted its holdings 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 valued at $56,000 after purchasing an additional 6,817 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Nu Skin Enterprises by 2,412.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock valued at $57,000 after purchasing an additional 7,888 shares in the last quarter. 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.