USANA Health Sciences (NYSE:USNA) Reaches New 12-Month Low - What's Next?

USANA Health Sciences, Inc. (NYSE:USNA - Get Free Report)'s stock price hit a new 52-week low on Tuesday . The company traded as low as $31.10 and last traded at $31.35, with a volume of 8614 shares traded. The stock had previously closed at $31.64.

Analysts Set New Price Targets

USNA has been the subject of several recent analyst reports. StockNews.com upgraded shares of USANA Health Sciences from a "buy" rating to a "strong-buy" rating in a report on Saturday, December 28th. DA Davidson increased their price target on USANA Health Sciences from $35.00 to $38.00 and gave the company a "neutral" rating in a research note on Thursday, January 2nd.

USANA Health Sciences Stock Down 0.1 %

The stock has a market capitalization of $602.33 million, a P/E ratio of 11.17, a PEG ratio of 0.88 and a beta of 0.87. The firm's 50-day simple moving average is $35.61 and its 200 day simple moving average is $37.78.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. grew its holdings in shares of USANA Health Sciences by 2.8% in the 4th quarter. Principal Financial Group Inc. now owns 53,603 shares of the company's stock worth $1,924,000 after acquiring an additional 1,480 shares during the last quarter. Rhumbline Advisers boosted its position in shares of USANA Health Sciences by 39.8% in the 4th quarter. Rhumbline Advisers now owns 49,390 shares of the company's stock valued at $1,773,000 after purchasing an additional 14,068 shares during the period. R Squared Ltd purchased a new position in USANA Health Sciences in the 4th quarter worth about $28,000. Pacer Advisors Inc. increased its stake in USANA Health Sciences by 8.8% in the 4th quarter. Pacer Advisors Inc. now owns 592,001 shares of the company's stock worth $21,247,000 after purchasing an additional 47,745 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its holdings in USANA Health Sciences by 11.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 8,578 shares of the company's stock worth $308,000 after buying an additional 869 shares during the period. Institutional investors own 54.25% of the company's stock.

USANA Health Sciences Company Profile

USANA Health Sciences, Inc develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers consisting of targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and food that include meal replacement shakes, snack bars, and other related products.