Nu Skin Enterprises (NYSE:NUS) Upgraded at Zacks Research

Zacks Research upgraded shares of Nu Skin Enterprises (NYSE:NUS) from a strong sell rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

Several other brokerages have also recently issued reports on NUS. Weiss Ratings reissued a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. Wall Street Zen cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Nu Skin Enterprises Trading Up 0.6%

NYSE NUS opened at $7.79 on Monday. The firm’s 50-day moving average is $7.99 and its two-hundred day moving average is $9.59. Nu Skin Enterprises has a 12 month low of $5.32 and a 12 month high of $14.62. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.08 and a quick ratio of 1.40. The stock has a market capitalization of $374.69 million, a P/E ratio of 2.43 and a beta of 1.08.

Nu Skin Enterprises (NYSE:NUS) last posted its earnings results on Friday, February 13th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The company had revenue of $370.32 million during the quarter, compared to analyst estimates of $382.70 million. Nu Skin Enterprises had a net margin of 10.79% and a return on equity of 8.14%. On average, sell-side analysts anticipate that Nu Skin Enterprises will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Friday, February 27th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, February 27th. Nu Skin Enterprises’s dividend payout ratio is presently 7.50%.

Institutional Trading of Nu Skin Enterprises

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in shares of Nu Skin Enterprises by 63.5% during the third quarter. GAMMA Investing LLC now owns 3,036 shares of the company’s stock worth $37,000 after buying an additional 1,179 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Nu Skin Enterprises by 107.4% during the second quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock worth $40,000 after buying an additional 2,614 shares during the period. Wexford Capital LP purchased a new stake in shares of Nu Skin Enterprises during the third quarter worth approximately $40,000. Banque Cantonale Vaudoise purchased a new stake in shares of Nu Skin Enterprises during the third quarter worth approximately $57,000. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of Nu Skin Enterprises by 271.4% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 6,770 shares of the company’s stock worth $65,000 after buying an additional 4,947 shares during the period. 82.84% of the stock is currently owned by hedge funds and other institutional investors.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.

Founded in 1984 by Blake M.