Nature’s Sunshine Products’ (NATR) “Buy” Rating Reiterated at DA Davidson

DA Davidson reiterated their buy rating on shares of Nature’s Sunshine Products (NASDAQ:NATR) in a research note released on Tuesday,Benzinga reports. They currently have a $19.00 price objective on the stock.

Nature’s Sunshine Products Trading Up 1.0%

Shares of NATR stock opened at $14.56 on Tuesday. The firm has a market capitalization of $267.19 million, a PE ratio of 16.55 and a beta of 1.10. The firm has a fifty day simple moving average of $13.07 and a two-hundred day simple moving average of $14.08. Nature’s Sunshine Products has a 12 month low of $10.81 and a 12 month high of $18.06.

Nature’s Sunshine Products (NASDAQ:NATR) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 11.08% and a net margin of 3.81%.

Institutional Trading of Nature’s Sunshine Products

Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Nature’s Sunshine Products by 2,090.2% in the 1st quarter. GAMMA Investing LLC now owns 2,234 shares of the company’s stock worth $28,000 after acquiring an additional 2,132 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Nature’s Sunshine Products in the 4th quarter worth $41,000. Amundi bought a new stake in shares of Nature’s Sunshine Products in the 4th quarter worth $63,000. Deutsche Bank AG bought a new stake in shares of Nature’s Sunshine Products in the 4th quarter worth $103,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Nature’s Sunshine Products by 28.8% in the fourth quarter. Wells Fargo & Company MN now owns 7,209 shares of the company’s stock valued at $106,000 after acquiring an additional 1,611 shares in the last quarter. Institutional investors own 79.40% of the company’s stock.

Nature’s Sunshine Products Company Profile

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.