Nu Skin Enterprises, Inc. (NYSE:NUS - Free Report) - Analysts at DA Davidson upped their FY2024 earnings per share estimates for Nu Skin Enterprises in a report released on Thursday, February 13th. DA Davidson analyst C. Xue now expects that the company will earn $0.67 per share for the year, up from their prior forecast of $0.66. DA Davidson has a "Neutral" rating and a $7.00 price target on the stock. The consensus estimate for Nu Skin Enterprises' current full-year earnings is $0.68 per share. DA Davidson also issued estimates for Nu Skin Enterprises' Q4 2024 earnings at $0.21 EPS.
A number of other analysts also recently weighed in on NUS. Citigroup decreased their price target on Nu Skin Enterprises from $11.50 to $6.75 and set a "neutral" rating for the company in a report on Tuesday, October 22nd. StockNews.com downgraded Nu Skin Enterprises from a "buy" rating to a "hold" rating in a report on Monday.
Check Out Our Latest Report on NUS
Nu Skin Enterprises Trading Down 3.9 %
Nu Skin Enterprises stock traded down $0.30 during trading hours on Friday, reaching $7.27. 1,255,423 shares of the company's stock were exchanged, compared to its average volume of 804,688. The company has a quick ratio of 1.20, a current ratio of 1.93 and a debt-to-equity ratio of 0.53. The firm's 50 day simple moving average is $6.88 and its 200 day simple moving average is $7.39. Nu Skin Enterprises has a twelve month low of $5.95 and a twelve month high of $14.04. The firm has a market capitalization of $361.14 million, a PE ratio of -3.51 and a beta of 1.17.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.14. Nu Skin Enterprises had a positive return on equity of 5.47% and a negative net margin of 5.81%. The firm had revenue of $445.55 million during the quarter, compared to the consensus estimate of $441.10 million.
Hedge Funds Weigh In On Nu Skin Enterprises
Several large investors have recently added to or reduced their stakes in NUS. D. E. Shaw & Co. Inc. lifted its position in shares of Nu Skin Enterprises by 15.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company's stock worth $15,512,000 after buying an additional 301,295 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Nu Skin Enterprises by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 1,130,487 shares of the company's stock worth $8,333,000 after buying an additional 11,838 shares in the last quarter. Two Sigma Advisers LP lifted its position in shares of Nu Skin Enterprises by 61.2% during the 4th quarter. Two Sigma Advisers LP now owns 944,000 shares of the company's stock worth $6,504,000 after buying an additional 358,400 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Nu Skin Enterprises by 358.4% during the 3rd quarter. Jane Street Group LLC now owns 924,993 shares of the company's stock worth $6,817,000 after buying an additional 723,220 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Nu Skin Enterprises by 12.0% during the 4th quarter. American Century Companies Inc. now owns 824,739 shares of the company's stock worth $5,682,000 after buying an additional 88,181 shares in the last quarter. Institutional investors own 82.84% of the company's stock.
Nu Skin Enterprises Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be given a $0.06 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $0.24 annualized dividend and a yield of 3.30%. Nu Skin Enterprises's payout ratio is -11.59%.
About Nu Skin Enterprises
(
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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.
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