Nu Skin Enterprises (NYSE:NUS) Rating Increased to Buy at StockNews.com

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

Nu Skin Enterprises Stock Performance

NYSE:NUS opened at $7.44 on Monday. The firm has a market cap of $369.94 million, a P/E ratio of -2.52 and a beta of 0.92. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56. The stock’s 50 day simple moving average is $6.71 and its 200-day simple moving average is $6.95. Nu Skin Enterprises has a 12-month low of $5.32 and a 12-month high of $14.00.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The firm had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. Equities analysts anticipate that Nu Skin Enterprises will post 1.05 EPS for the current year.

Institutional Trading of Nu Skin Enterprises

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Nu Skin Enterprises by 4.9% in the first quarter. Vanguard Group Inc. now owns 4,133,109 shares of the company’s stock valued at $30,006,000 after buying an additional 193,038 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in shares of Nu Skin Enterprises by 15.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock valued at $15,512,000 after buying an additional 301,295 shares in the last quarter. Prescott Group Capital Management L.L.C. boosted its stake in shares of Nu Skin Enterprises by 142.7% in the first quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company’s stock valued at $10,125,000 after buying an additional 819,972 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Nu Skin Enterprises by 47.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company’s stock valued at $7,640,000 after buying an additional 336,807 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Nu Skin Enterprises by 15.0% in the first quarter. American Century Companies Inc. now owns 948,710 shares of the company’s stock valued at $6,888,000 after buying an additional 123,971 shares in the last quarter. 82.84% of the stock is currently owned by hedge funds and other 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.