Nu Skin Enterprises (NUS) is Reiterated by Pivotal Research Group to Buy, Raises Price Target to $ 60

Nu Skin Enterprises (NUS) was Reiterated by Pivotal Research Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 60 from a previous price target of $55 . Pivotal Research Group advised their investors in a research report released on Jun 16, 2016.

Many Wall Street Analysts have commented on Nu Skin Enterprises. Nu Skin Enterprises was Initiated by Jefferies to “Hold” on Jun 3, 2016. Company shares were Reiterated by Pivotal Research Group on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 55 from a previous price target of $40 .Company shares were Reiterated by Stifel on Apr 29, 2016 to “Sell”, Firm has raised the Price Target to $ 34 from a previous price target of $30 .

On the company’s financial health, Nu Skin Enterprises reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.38. The company had revenue of $471.80 million for the quarter, compared to analysts expectations of $465.08 million. The company’s revenue was down -11.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.

Nu Skin Enterprises opened for trading at $40.24 and hit $41.04 on the upside on Wednesday, eventually ending the session at $40.69, with a gain of 1.42% or 0.57 points. The heightened volatility saw the trading volume jump to 5,91,609 shares. Company has a market cap of $2,277 M.

In a different news, on Mar 10, 2016, Ritch N Wood (CFO) purchased 7,500 shares at $33.32 per share price. According to the SEC, on Mar 7, 2016, Joseph Y Chang (Chief Scientific Officer) sold 20,000 shares at $34.21 per share price. On Aug 19, 2015, Scott E Schwerdt (President, Americas Region) sold 18,750 shares at $45.96 per share price, according to the Form-4 filing with the securities and exchange commission.

Nu Skin Enterprises Inc. is a global direct selling company marketing personal care and nutritional products in 53 markets worldwide. The Company develops and distributes anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands respectively. The Company has Pharmanex nutritional supplements and Nu Skin personal care products under its age LOC anti-aging brand. The Company offers anti-aging personal care products. Products in this category include its ageLOC Galvanic Spa System its ageLOC Galvanic Body Spa ageLOC Galvanic Spa Body Shaping Gel and ageLOC Dermatic Effects Body Contouring Lotion and its ageLOC Transformation anti-aging skin care system. The Company markets a variety of products under its Pharmanex brand. LifePak its line of micronutrient supplements. Other anti-aging nutritional supplements include its ageLOC R2 which is designed to renew and recharge the body.

Nu Skin Enterprises

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