Nu Skin Enterprises (NYSE:NUS) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.03 and traded as high as $10.96. Nu Skin Enterprises shares last traded at $10.85, with a volume of 330,166 shares changing hands.

Analyst Ratings Changes

NUS has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Nu Skin Enterprises in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Finally, Zacks Research upgraded shares of Nu Skin Enterprises to a “hold” rating in a research report on Tuesday, August 12th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $7.00.

Nu Skin Enterprises Stock Down 0.0%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.38 and a current ratio of 2.01. The company has a market capitalization of $536.93 million, a PE ratio of 5.40 and a beta of 0.97. The firm’s 50-day simple moving average is $11.64 and its 200 day simple moving average is $9.03.

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

Nu Skin Enterprises Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 29th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.2%. Nu Skin Enterprises’s dividend payout ratio (DPR) is presently 11.94%.

Insider Activity at Nu Skin Enterprises

In other Nu Skin Enterprises news, Director Laura Nathanson sold 6,489 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $12.22, for a total value of $79,295.58. Following the transaction, the director directly owned 33,149 shares in the company, valued at approximately $405,080.78. This represents a 16.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daniel W. Campbell sold 23,391 shares of Nu Skin Enterprises stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $12.10, for a total transaction of $283,031.10. Following the sale, the director owned 53,375 shares of the company’s stock, valued at approximately $645,837.50. This trade represents a 30.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,926 shares of company stock valued at $711,364. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of Nu Skin Enterprises by 102.0% during the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company’s stock worth $25,000 after purchasing an additional 1,766 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Nu Skin Enterprises during the second quarter worth about $25,000. New York State Teachers Retirement System acquired a new stake in Nu Skin Enterprises in the 1st quarter worth about $33,000. Tower Research Capital LLC TRC grew its holdings in Nu Skin Enterprises by 107.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock valued at $40,000 after buying an additional 2,614 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Nu Skin Enterprises during the 1st quarter valued at about $73,000. 82.84% of the stock is currently owned by institutional investors and hedge funds.

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.