Wall Street analysts expect Nu Skin Enterprises, Inc. (NYSE:NUS – Get Rating) to report sales of $610.69 million for the current quarter, Zacks reports. Two analysts released earnings estimates for Nu Skin Enterprises, with the highest sales estimate of $614.87 million and the lowest estimate of $606.50 million. Nu Skin Enterprises reported sales of $704.06 million in the same quarter last year, suggesting a negative 13.3% year-over-year growth rate. The company is expected to announce its next results on Monday, January 1.
According to Zacks, analysts expect Nu Skin Enterprises to report annual sales of $2.56 billion for the current fiscal year, with estimates ranging from $2.55 billion to $2.58 billion. For the next fiscal year, analysts expect the company to post sales of $2.62 billion, with estimates ranging from $2.59 billion to $2.66 billion. Zacks sales calculations are an average average based on a survey of sell-side research companies that cover Nu Skin Enterprises.
Nu Skin Enterprises (NYSE:NUS – Get Rating) last released its results on Wednesday, May 4. The company reported earnings per share of $0.76 for the quarter, beating analyst consensus estimates of $0.73 by $0.03. The company posted revenue of $604.90 million in the quarter, versus a consensus estimate of $579.70 million. Nu Skin Enterprises achieved a return on equity of 22.05% and a net margin of 5.28%. The company’s revenue for the quarter was down 10.7% year over year. During the same period a year earlier, the company posted earnings per share of $0.91.
Several equity research analysts have recently weighed in on NUS shares. Jefferies Financial Group raised its target price on Nu Skin Enterprises from $61.00 to $75.00 in a Thursday, February 17 report. StockNews.com downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a Friday, May 13 research report. DA Davidson raised its price target on Nu Skin Enterprises from $47.00 to $50.00 and gave the stock a “neutral” rating in a Thursday, February 17 research report. TheStreet downgraded Nu Skin Enterprises shares from a “b” rating to a “c+” rating in a Friday, February 18 research note. Finally, Zacks Investment Research upgraded Nu Skin Enterprises shares from a “hold” rating to a “strong-buy” rating and set a price target of $57.00 for the company in a Tuesday, March 29 report. . Three investment analysts have assigned the stock a hold rating, one has issued a buy rating and one has assigned the stock a strong buy rating. Based on MarketBeat data, Nu Skin Enterprises has an average rating of “Buy” and a consensus price target of $60.60.
In other news, CEO Ryan S. Napierski sold 25,000 shares of Nu Skin Enterprises in a trade dated Wednesday, May 25. The stock was sold at an average price of $44.91, for a total transaction of $1,122,750.00. As a result of the sale, the CEO now directly owns 122,683 shares of the company, valued at $5,509,693.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC’s website. Additionally, Chairman Steven Lund sold 925 shares in a trade that took place on Wednesday, May 18. The shares were sold at an average price of $46.07, for a total transaction of $42,614.75. Following the sale, the president now directly owns 179,449 shares of the company, valued at approximately $8,267,215.43. The disclosure of this sale can be found here. Insiders sold a total of 66,125 shares of the company valued at $3,009,855 over the past three months. Insiders of the company own 2.80% of the shares of the company.
A number of hedge funds have recently changed their positions in the business. Aurora Investment Counsel increased its stake in Nu Skin Enterprises shares by 1.5% in Q1. Aurora Investment Counsel now owns 25,274 shares of the company worth $1,210,000 after acquiring 362 additional shares in the last quarter. Verity Asset Management Inc. increased its stake in Nu Skin Enterprises by 8.3% during the first quarter. Verity Asset Management Inc. now owns 9,270 shares of the company valued at $444,000 after buying 713 additional shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings of Nu Skin Enterprises shares by 20.3% in the first quarter. The Manufacturers Life Insurance Company now owns 517,687 shares of the company worth $24,787,000 after purchasing an additional 87,502 shares last quarter. Guggenheim Capital LLC increased its holdings of Nu Skin Enterprises shares by 5.8% in the first quarter. Guggenheim Capital LLC now owns 19,671 shares of the company worth $942,000 after purchasing an additional 1,077 shares last quarter. Finally, Goldman Sachs Group Inc. increased its position in Nu Skin Enterprises shares by 48.9% in the first quarter. Goldman Sachs Group Inc. now owns 393,484 shares of the company worth $18,841,000 after buying an additional 129,256 shares in the last quarter. Institutional investors and hedge funds hold 93.79% of the company’s shares.
NYSE: NUS opened at $46.91 on Friday. The company has a debt ratio of 0.28, a quick ratio of 0.95 and a current ratio of 1.72. Nu Skin Enterprises has a 52 week minimum of $39.40 and a 52 week maximum of $62.70. The company has a market capitalization of $2.36 billion, a price-earnings ratio of 17.37 and a beta of 1.23. The company’s 50-day moving average is $46.49 and its 200-day moving average is $48.08.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 8. Shareholders of record on Friday, May 27 will receive a dividend of $0.385. The ex-date of this dividend is Thursday, May 26. This represents an annualized dividend of $1.54 and a dividend yield of 3.28%. Nu Skin Enterprises’ dividend payout ratio is currently 57.04%.
Nu Skin Enterprises Company Profile (Get a rating)
Nu Skin Enterprises, Inc develops and distributes beauty and wellness products worldwide. It provides skin care systems, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care systems and ageLOC LumiSpa skin cleansing and treatment devices; and ageLOC Boost, plus a range of other cosmetic and personal care products.
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