Nu Skin (NUS) Reaching An Inflection Point; Jefferies Initiates Shares At “Buy” with $98.0 target

June 14, 2018 - By Robert Crowder

Nu Skin Enterprises, Inc. (NYSE:NUS) Logo

Investors sentiment increased to 1.42 in 2018 Q1. Its up 0.26, from 1.16 in 2017Q4. It is positive, as 19 investors sold Nu Skin Enterprises, Inc. shares while 73 reduced holdings. 48 funds opened positions while 83 raised stakes. 39.34 million shares or 4.86% more from 37.52 million shares in 2017Q4 were reported.

Jane Street Grp Limited Com, New York-based fund reported 15,933 shares. State Board Of Administration Of Florida Retirement stated it has 78,779 shares or 0.02% of all its holdings. Citadel Advsr Limited Liability Co has invested 0% in Nu Skin Enterprises, Inc. (NYSE:NUS). Principal Gru owns 217,221 shares. Moreover, Schwab Charles Investment Mngmt has 0.02% invested in Nu Skin Enterprises, Inc. (NYSE:NUS). Credit Suisse Ag, a Switzerland-based fund reported 76,725 shares. Alliancebernstein Ltd Partnership owns 0% invested in Nu Skin Enterprises, Inc. (NYSE:NUS) for 33,267 shares. Oregon Pub Employees Retirement Fund accumulated 18,636 shares. Deutsche Savings Bank Ag owns 174,747 shares for 0.01% of their portfolio. Tci Wealth Advisors reported 0.02% stake. Apg Asset Mngmt Nv invested in 536,000 shares or 0.06% of the stock. Profund Advsr Limited Liability Company holds 6,174 shares or 0.02% of its portfolio. Jennison Assoc Lc stated it has 0% of its portfolio in Nu Skin Enterprises, Inc. (NYSE:NUS). Teacher Retirement Sys Of Texas has 11,653 shares for 0.01% of their portfolio. Ameriprise Finance Inc holds 0% of its portfolio in Nu Skin Enterprises, Inc. (NYSE:NUS) for 143,721 shares.

Since January 19, 2018, it had 0 buys, and 12 selling transactions for $119.00 million activity. Ping An ZQ China Growth Opportunity Ltd had sold 1.54 million shares worth $107.49M. LUND STEVEN also sold $6.08 million worth of Nu Skin Enterprises, Inc. (NYSE:NUS) shares. $52,751 worth of stock was sold by Lawrence Mark H on Thursday, March 8. Another trade for 3,000 shares valued at $218,070 was sold by DORNY D MATTHEW. OFFEN NEIL H had sold 7,000 shares worth $571,620.

Why Has Jefferies Given Nu Skin (NUS) a $98.0 Price Target

Stock analysts at Jefferies initiated coverage on Nu Skin (NUS) with a key “Buy” rating. The target price per share for NUS is $98.0. It suggests a possible upside of 19.54 % from firm’s stock close price.

The stock increased 1.89% or $1.55 during the last trading session, reaching $83.53. About 530,170 shares traded. Nu Skin Enterprises, Inc. (NUS) has risen 45.84% since June 14, 2017 and is uptrending. It has outperformed by 33.27% the S&P500.

Analysts await Nu Skin Enterprises, Inc. (NYSE:NUS) to report earnings on August, 1. They expect $0.89 EPS, up 15.58 % or $0.12 from last year’s $0.77 per share. NUS’s profit will be $49.49M for 23.46 P/E if the $0.89 EPS becomes a reality. After $0.64 actual EPS reported by Nu Skin Enterprises, Inc. for the previous quarter, Wall Street now forecasts 39.06 % EPS growth.

Nu Skin Enterprises, Inc. develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. The company has market cap of $4.65 billion. It provides skin care systems and targeted treatment products, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC Transformation anti-aging skin care systems; and Epoch products, as well as a range of other cosmetic, personal care, and hair care products. It has a 35.39 P/E ratio. The firm also offers ageLOC Youth nutritional supplements, ageLOC TR90 weight management and body shaping systems, and LifePak nutritional supplements, as well as other anti-aging nutritional solutions and weight management products.

More recent Nu Skin Enterprises, Inc. (NYSE:NUS) news were published by: Seekingalpha.com which released: “Featured Stocks In May’s Dividend Growth Model Portfolio” on June 07, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” on June 14, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” with publication date: June 14, 2018 was also an interesting one.

Nu Skin Enterprises, Inc. (NYSE:NUS) Institutional Positions Chart

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