Analysts and Technical Update on Nu Skin Enterprises Inc (NYSE:NUS)

Nu Skin Enterprises Inc (NYSE:NUS) (Trend Analysis) shares were traded with a significant increase in volume. The stock closed last trading session at $54.2, up by 1.1%, with a volume of 1,296,910 shares against an average amount for the last three months of 733,154.

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Nu Skin Enterprises Inc (NYSE:NUS) stock is currently trading 17.93% below its 52-week-high, 130.54% above its 52-week-low. The 1-year stock price history is in the range of $23.51 – $66.04. Nu Skin Enterprises Inc (NUS) has a price to earnings ratio of 31.1 versus Consumer Goods sector average of 14.51. NUS stock price has outperformed the S&P 500 by 43.1%. The Multilevel Direct Selling company is currently valued at $3.03 billion, and its share price closed the last trading session at $54.2. The stock has a 50-day moving average of $62.72 and a 200-day moving average of $51.66.

Nu Skin Enterprises Inc (NUS) current short interest stands at 4.1 million shares. It has decreased by 5% from the same period of last month. Around 8% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.99 million shares, the number of days required to cover the short positions stand at 4.2 days.

Nu Skin Enterprises Inc (NUS) declared last quarter earnings on November 03. The Multilevel Direct Selling company announced last quarter earnings per share of $1.07 against a consensus Street estimate of $0.82, beating the average estimate by $0.25. The company posted a revenue of $604.2 million compared to an estimation of $582.6 million.

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There are currently seven analysts that cover Nu Skin Enterprises Inc stock. Of those seven, three have a Buy rating, two have a Hold rating and two have a Sell rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $60.43.

A recent analyst activity consisted of Stifel reiterating their Sell stance on August 5. Stifel increased their price target on NUS from $34 to $45. This corresponds to a 16.97% downside from the last closing price. On the date of report, the stock closed at $59.14.

Jefferies initiated their coverage on the stock with Hold rating on June 3. On the date of report, the stock closed at $41.01.

Another research firm was Citigroup who reiterated their Buy stance on April 19. Citigroup increased their price target on Nu Skin Enterprises Inc from $38 to $45. This translates to a 16.97% downside from the last closing price. On the date of report, the stock closed at $39.7.

Company snapshot

Nu Skin Enterprises, Inc. is a global direct selling company. The Company distributes premium quality personal care products and nutritional supplements. Nu Skin markets its products in the Americas, Europe, and the Asia Pacific region. The Company provides marketing and distribution of technology-based products through Big Planet, Inc.

Analysts and Technical Update on Nu Skin Enterprises Inc (NYSE:NUS) was last modified: November 8th, 2016 by Steven Finley