Nu Skin Enterprises (NYSE:NUS) Reaches New 1-Year Low at $11.73

Nu Skin Enterprises, Inc. (NYSE:NUS)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $11.73 and last traded at $11.76, with a volume of 661133 shares trading hands. The stock had previously closed at $12.28.

Wall Street Analyst Weigh In

NUS has been the topic of a number of analyst reports. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, February 24th. DA Davidson dropped their price objective on Nu Skin Enterprises from $29.00 to $21.00 and set a “neutral” rating on the stock in a report on Friday, January 5th. Four research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $23.67.

Nu Skin Enterprises Trading Down 4.2 %

The company has a quick ratio of 1.28, a current ratio of 2.13 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $581.18 million, a PE ratio of 67.23 and a beta of 1.11. The business’s 50-day moving average is $12.71 and its two-hundred day moving average is $16.22.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Wednesday, February 14th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.08. The business had revenue of $488.64 million during the quarter, compared to the consensus estimate of $479.35 million. Nu Skin Enterprises had a return on equity of 10.73% and a net margin of 0.44%. On average, analysts anticipate that Nu Skin Enterprises, Inc. will post 1.13 earnings per share for the current fiscal year.

Nu Skin Enterprises Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, February 26th were issued a $0.06 dividend. The ex-dividend date was Friday, February 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.04%. Nu Skin Enterprises’s payout ratio is 133.34%.

Institutional Investors Weigh In On Nu Skin Enterprises

Several hedge funds have recently made changes to their positions in NUS. SummerHaven Investment Management LLC raised its stake in Nu Skin Enterprises by 2.4% during the 4th quarter. SummerHaven Investment Management LLC now owns 24,107 shares of the company’s stock valued at $468,000 after acquiring an additional 564 shares during the last quarter. CWM LLC increased its holdings in shares of Nu Skin Enterprises by 38.4% in the first quarter. CWM LLC now owns 3,286 shares of the company’s stock valued at $45,000 after purchasing an additional 911 shares during the period. Signaturefd LLC raised its stake in shares of Nu Skin Enterprises by 25.1% during the fourth quarter. Signaturefd LLC now owns 5,000 shares of the company’s stock worth $97,000 after purchasing an additional 1,004 shares during the last quarter. Swiss National Bank lifted its holdings in shares of Nu Skin Enterprises by 1.0% during the third quarter. Swiss National Bank now owns 109,700 shares of the company’s stock worth $2,327,000 after purchasing an additional 1,100 shares during the period. Finally, Gladius Capital Management LP grew its position in Nu Skin Enterprises by 18.7% in the 4th quarter. Gladius Capital Management LP now owns 9,967 shares of the company’s stock valued at $194,000 after buying an additional 1,570 shares during the last quarter. Institutional investors and hedge funds 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.