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

StockNews.com upgraded shares of Nu Skin Enterprises (NYSE:NUS) from a hold rating to a buy rating in a research note released on Tuesday.

Separately, DA Davidson decreased their price target on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Friday, December 20th.

Nu Skin Enterprises Stock Performance

Nu Skin Enterprises stock opened at $7.94 on Tuesday. Nu Skin Enterprises has a fifty-two week low of $5.95 and a fifty-two week high of $14.04. The stock has a market cap of $395.00 million, a price-to-earnings ratio of -2.69 and a beta of 1.17. The stock’s 50 day simple moving average is $6.92 and its two-hundred day simple moving average is $7.28. 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 (NYSE:NUS) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.14. The company had revenue of $445.55 million for the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. As a group, analysts expect that Nu Skin Enterprises will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $0.24 annualized dividend and a dividend yield of 3.02%. Nu Skin Enterprises’s payout ratio is currently -8.14%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. purchased a new stake in shares of Nu Skin Enterprises in the fourth quarter worth $25,000. US Bancorp DE boosted its stake in Nu Skin Enterprises by 424.2% in the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after purchasing an additional 6,037 shares in the last quarter. Public Employees Retirement System of Ohio grew its position 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 last quarter. Signaturefd LLC increased its stake in Nu Skin Enterprises by 536.8% during the 4th 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. increased its stake in Nu Skin Enterprises by 2,412.2% during the 4th 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.

About Nu Skin Enterprises

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.