Nu Skin Enterprises (NYSE:NUS) Raised to Buy at StockNews.com

Nu Skin Enterprises (NYSE:NUS) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Tuesday.

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

Nu Skin Enterprises Stock Down 2.6 %

Shares of NUS opened at $7.87 on Tuesday. The company has a market cap of $391.32 million, a PE ratio of -2.67 and a beta of 1.17. Nu Skin Enterprises has a 52-week low of $5.95 and a 52-week high of $14.04. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $6.91 and a 200 day moving average of $7.28.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The firm had revenue of $445.55 million during the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. On average, sell-side analysts expect that Nu Skin Enterprises will post 1.05 EPS for the current year.

Hedge Funds Weigh In On Nu Skin Enterprises

Several hedge funds have recently modified their holdings of the stock. D. E. Shaw & Co. Inc. increased its holdings in shares of Nu Skin Enterprises by 15.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock valued at $15,512,000 after acquiring an additional 301,295 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Nu Skin Enterprises by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,130,487 shares of the company’s stock valued at $8,333,000 after acquiring an additional 11,838 shares in the last quarter. Two Sigma Advisers LP increased its holdings in shares of Nu Skin Enterprises by 61.2% during the fourth quarter. Two Sigma Advisers LP now owns 944,000 shares of the company’s stock valued at $6,504,000 after acquiring an additional 358,400 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Nu Skin Enterprises by 358.4% during the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock valued at $6,817,000 after acquiring an additional 723,220 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Nu Skin Enterprises by 12.0% during the fourth quarter. American Century Companies Inc. now owns 824,739 shares of the company’s stock valued at $5,682,000 after acquiring an additional 88,181 shares in 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.