Nu Skin Enterprises (NYSE:NUS) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Nu Skin Enterprises (NYSE:NUS) from a buy rating to a strong-buy rating in a report published on Sunday.

Several other brokerages have also weighed in on NUS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Wednesday, October 8th. Zacks Research raised shares of Nu Skin Enterprises to a “hold” rating in a research report on Tuesday, August 12th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.88.

Nu Skin Enterprises Price Performance

NYSE NUS opened at $10.31 on Friday. The company has a 50 day simple moving average of $11.44 and a 200-day simple moving average of $8.85. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.01 and a quick ratio of 1.38. The firm has a market capitalization of $510.35 million, a price-to-earnings ratio of 5.13 and a beta of 0.97. Nu Skin Enterprises has a 52-week low of $5.32 and a 52-week high of $14.62.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The business had revenue of $386.14 million during the quarter, compared to analyst estimates of $376.68 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. Equities research analysts predict that Nu Skin Enterprises will post 1.05 earnings per share for the current fiscal year.

Nu Skin Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, August 29th. Nu Skin Enterprises’s dividend payout ratio (DPR) is 11.94%.

Insider Buying and Selling at Nu Skin Enterprises

In other Nu Skin Enterprises news, Director Daniel W. Campbell sold 23,391 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $12.10, for a total transaction of $283,031.10. Following the transaction, the director owned 53,375 shares in the company, valued at $645,837.50. This trade represents a 30.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Chayce David Clark sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $11.97, for a total value of $239,400.00. Following the transaction, the executive vice president owned 233,140 shares in the company, valued at approximately $2,790,685.80. This trade represents a 7.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 58,926 shares of company stock worth $711,364 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Nu Skin Enterprises

Hedge funds and other institutional investors have recently modified their holdings of the stock. New York State Teachers Retirement System acquired a new stake in shares of Nu Skin Enterprises in the first quarter worth $33,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Nu Skin Enterprises in the first quarter worth $118,000. Hsbc Holdings PLC acquired a new stake in shares of Nu Skin Enterprises in the first quarter worth $619,000. Ieq Capital LLC acquired a new stake in shares of Nu Skin Enterprises in the first quarter worth $279,000. Finally, Pacer Advisors Inc. acquired a new stake in shares of Nu Skin Enterprises in the first quarter worth $4,577,000. 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.