Nu Skin Enterprises, Inc. (NYSE:NUS) insider Joseph Y. Chang sold 36,503 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $62.24, for a total value of $2,271,946.72. Following the completion of the sale, the insider now directly owns 66,563 shares of the company’s stock, valued at $4,142,881.12. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Nu Skin Enterprises, Inc. (NYSE NUS) opened at $63.62 on Tuesday. The firm has a market cap of $3,271.15, a P/E ratio of 21.95, a PEG ratio of 2.26 and a beta of 1.57. Nu Skin Enterprises, Inc. has a 52 week low of $46.35 and a 52 week high of $65.85. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.18 and a current ratio of 1.78.
Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The company had revenue of $563.70 million during the quarter, compared to analysts’ expectations of $562.70 million. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The business’s quarterly revenue was down 6.7% on a year-over-year basis. During the same period last year, the business earned $0.98 EPS. equities research analysts predict that Nu Skin Enterprises, Inc. will post 3.23 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.36 per share. The ex-dividend date is Thursday, November 16th. This represents a $1.44 annualized dividend and a dividend yield of 2.26%. Nu Skin Enterprises’s dividend payout ratio is currently 52.75%.
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A number of brokerages have recently commented on NUS. ValuEngine raised Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research note on Tuesday. Stifel Nicolaus set a $50.00 target price on Nu Skin Enterprises and gave the stock a “sell” rating in a research note on Thursday, August 3rd. TheStreet raised Nu Skin Enterprises from a “c+” rating to a “b” rating in a research note on Wednesday, August 2nd. BidaskClub cut Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research cut Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Nu Skin Enterprises presently has a consensus rating of “Hold” and an average price target of $62.00.
Several institutional investors and hedge funds have recently modified their holdings of the company. Allianz Asset Management GmbH bought a new position in shares of Nu Skin Enterprises during the 3rd quarter worth approximately $4,648,000. Convergence Investment Partners LLC grew its stake in shares of Nu Skin Enterprises by 14.2% during the 3rd quarter. Convergence Investment Partners LLC now owns 65,602 shares of the company’s stock worth $4,033,000 after acquiring an additional 8,134 shares in the last quarter. OxFORD Asset Management LLP grew its stake in shares of Nu Skin Enterprises by 12.4% during the 3rd quarter. OxFORD Asset Management LLP now owns 78,143 shares of the company’s stock worth $4,825,000 after acquiring an additional 8,647 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Nu Skin Enterprises by 462.8% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 570,100 shares of the company’s stock worth $35,050,000 after acquiring an additional 468,800 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Nu Skin Enterprises by 5.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,125,625 shares of the company’s stock worth $69,204,000 after acquiring an additional 57,750 shares in the last quarter. 80.13% of the stock is owned by institutional investors.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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