Nu Skin Enterprises (NYSE:NUS) Rating Increased 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 report released on Tuesday.

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

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $7.68 on Tuesday. 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 stock has a fifty day moving average of $6.89 and a 200 day moving average of $7.29. The firm has a market capitalization of $381.60 million, a price-to-earnings ratio of -2.60 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.

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NUS. Meeder Asset Management Inc. purchased a new stake in Nu Skin Enterprises in the fourth quarter worth about $25,000. US Bancorp DE boosted its position in shares of Nu Skin Enterprises by 424.2% in the 4th quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after purchasing an additional 6,037 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Nu Skin Enterprises by 28.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock worth $55,000 after buying an additional 1,768 shares during the last quarter. Signaturefd LLC increased its position in Nu Skin Enterprises by 536.8% during the 4th quarter. Signaturefd LLC now owns 8,087 shares of the company’s stock valued at $56,000 after buying an additional 6,817 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Nu Skin Enterprises by 2,412.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company’s stock valued at $57,000 after buying an additional 7,888 shares during the last quarter. 82.84% of the stock is owned by hedge funds and other institutional investors.

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.