Nu Skin Enterprises (NYSE:NUS) Upgraded at StockNews.com

StockNews.com upgraded shares of Nu Skin Enterprises (NYSE:NUS) from a hold rating to a buy rating in a report issued on Monday morning.

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $7.31 on Monday. The firm has a market capitalization of $363.48 million, a price-to-earnings ratio of -2.48 and a beta of 0.92. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.82 and a quick ratio of 1.17. The business has a fifty day moving average of $6.70 and a 200 day moving average of $6.96. Nu Skin Enterprises has a 1 year low of $5.32 and a 1 year high of $14.00.

Nu Skin Enterprises (NYSE:NUS) last issued its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Nu Skin Enterprises had a positive return on equity of 5.86% and a negative net margin of 8.46%. The company had revenue of $364.49 million during the quarter, compared to analyst estimates of $352.06 million. As a group, research analysts expect 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 will be paid on Wednesday, June 11th. Investors of record on Friday, May 30th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Friday, May 30th. Nu Skin Enterprises’s dividend payout ratio (DPR) is -30.00%.

Institutional Investors Weigh In On Nu Skin Enterprises

A number of institutional investors and hedge funds have recently modified their holdings of NUS. Meeder Asset Management Inc. acquired a new stake in shares of Nu Skin Enterprises during the fourth quarter worth about $25,000. GAMMA Investing LLC lifted 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 period. New York State Teachers Retirement System acquired a new stake in shares of Nu Skin Enterprises during the first quarter worth about $33,000. US Bancorp DE lifted its holdings in shares of Nu Skin Enterprises by 424.2% during the fourth quarter. US Bancorp DE now owns 7,460 shares of the company’s stock worth $51,000 after purchasing an additional 6,037 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its holdings in Nu Skin Enterprises by 28.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock valued at $55,000 after acquiring an additional 1,768 shares during the period. 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.