USANA Health Sciences (USNA) was Reiterated by DA Davidson to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 150 from a previous price target of $135 . DA Davidson advised their investors in a research report released on Jul 28, 2016.
On the company’s financial health, USANA Health Sciences reported $1.77 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $1.81. The company had revenue of $240.45 million for the quarter, compared to analysts expectations of $244.05 million. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.
USANA Health Sciences closed down -4.52 points or -3.19% at $137.14 with 1,94,120 shares getting traded on Thursday. Post opening the session at $139.37, the shares hit an intraday low of $134.61 and an intraday high of $139.4 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Jul 15, 2016, Myron W Wentz (director) sold 10,000 shares at $118.96 per share price. According to the SEC, on Jun 7, 2016, Dave Wentz (Co-C.E.O.) sold 10,000 shares at $125.04 per share price. On May 12, 2016, Gilbert A Fuller (director) sold 800 shares at $123.90 per share price, according to the Form-4 filing with the securities and exchange commission.
USANA Health Sciences Inc. develops and manufactures science-based nutritional and personal care products. The Company has operations in approximately 19 markets across the world where it distributes and sells its products by way of direct selling. The Company operates as a direct selling company and reports revenue in two geographic regions: Americas and Europe and Asia Pacific which includes three sub-regions as: Southeast Asia Pacific Greater China and North Asia. Americas and Europe includes the United States Canada Mexico Colombia the United Kingdom France Belgium and the Netherlands. Southeast Asia Pacific includes Australia New Zealand Singapore Malaysia the Philippines and Thailand; Greater China includes Hong Kong Taiwan and China and North Asia includes Japan and South Korea.