Nature’s Sunshine Products (NASDAQ:NATR) Research Coverage Started at DA Davidson

DA Davidson assumed coverage on shares of Nature’s Sunshine Products (NASDAQ:NATR) in a research note published on Wednesday morning. The firm issued a buy rating and a $19.00 price objective on the stock.

Nature’s Sunshine Products Stock Performance

Shares of Nature’s Sunshine Products stock opened at $13.80 on Wednesday. The stock has a 50 day moving average price of $12.57 and a 200-day moving average price of $14.04. Nature’s Sunshine Products has a one year low of $10.81 and a one year high of $18.06. The stock has a market cap of $255.08 million, a price-to-earnings ratio of 15.68 and a beta of 1.10.

Nature’s Sunshine Products (NASDAQ:NATR) last released its earnings results on Tuesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.09. The firm had revenue of $113.25 million during the quarter, compared to analyst estimates of $109.39 million. Nature’s Sunshine Products had a net margin of 3.81% and a return on equity of 11.08%.

Hedge Funds Weigh In On Nature’s Sunshine Products

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in shares of Nature’s Sunshine Products by 3.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 856,701 shares of the company’s stock valued at $12,560,000 after purchasing an additional 30,464 shares during the period. Renaissance Technologies LLC boosted its position in Nature’s Sunshine Products by 3.6% in the 4th quarter. Renaissance Technologies LLC now owns 542,297 shares of the company’s stock valued at $7,950,000 after buying an additional 18,800 shares during the period. Skylands Capital LLC grew its stake in Nature’s Sunshine Products by 1.7% in the 1st quarter. Skylands Capital LLC now owns 431,800 shares of the company’s stock worth $5,419,000 after acquiring an additional 7,209 shares in the last quarter. Kennedy Capital Management LLC increased its position in shares of Nature’s Sunshine Products by 2.9% during the fourth quarter. Kennedy Capital Management LLC now owns 409,964 shares of the company’s stock worth $6,010,000 after acquiring an additional 11,646 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Nature’s Sunshine Products by 2.7% during the fourth quarter. American Century Companies Inc. now owns 304,432 shares of the company’s stock valued at $4,463,000 after acquiring an additional 8,085 shares in the last quarter. Institutional investors own 79.40% of the company’s stock.

About Nature’s Sunshine Products

Nature’s Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.