Nu Skin Enterprises (NYSE:NUS) Price Target Lowered to $7.00 at DA Davidson

Nu Skin Enterprises (NYSE:NUS) had its price objective reduced by investment analysts at DA Davidson from $11.00 to $7.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s price objective suggests a potential upside of 6.06% from the company’s current price. DA Davidson also issued estimates for Nu Skin Enterprises’ Q4 2024 earnings at $0.20 EPS.

A number of other equities research analysts have also commented on the company. StockNews.com upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Citigroup decreased their price target on shares of Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a report on Tuesday, October 22nd.

Nu Skin Enterprises Trading Down 3.9 %

Nu Skin Enterprises stock opened at $6.60 on Friday. Nu Skin Enterprises has a 52 week low of $5.95 and a 52 week high of $20.75. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.93. The firm has a market capitalization of $328.09 million, a price-to-earnings ratio of -3.19 and a beta of 1.20. The company has a 50 day moving average price of $6.98 and a 200 day moving average price of $8.71.

Institutional Trading of Nu Skin Enterprises

Several large investors have recently added to or reduced their stakes in the business. Weiss Asset Management LP acquired a new stake in shares of Nu Skin Enterprises in the 3rd quarter valued at $2,727,000. Centiva Capital LP bought a new position in Nu Skin Enterprises during the third quarter valued at about $508,000. AXA S.A. acquired a new stake in shares of Nu Skin Enterprises in the second quarter worth about $1,061,000. Verition Fund Management LLC bought a new stake in shares of Nu Skin Enterprises during the 3rd quarter worth about $581,000. Finally, Federated Hermes Inc. increased its holdings in shares of Nu Skin Enterprises by 111.8% during the 2nd quarter. Federated Hermes Inc. now owns 1,323,542 shares of the company’s stock valued at $13,950,000 after acquiring an additional 698,722 shares during the last quarter. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Company Profile

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.