News articles about NutriSystem (NASDAQ:NTRI) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NutriSystem earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.8661003221934 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Comparing Cannabis Sativa (CBDS) and NutriSystem (NTRI) (americanbankingnews.com)
- Comparing Cannabis Sativa (CBDS) & NutriSystem (NTRI) (americanbankingnews.com)
- $128.74 Million in Sales Expected for NutriSystem Inc (NTRI) This Quarter (americanbankingnews.com)
- ETFs with exposure to Nutrisystem, Inc. : December 8, 2017 (finance.yahoo.com)
- Bullish Two Hundred Day Moving Average Cross – NTRI (nasdaq.com)
Shares of NutriSystem (NASDAQ NTRI) opened at $50.75 on Tuesday. NutriSystem has a 12-month low of $31.60 and a 12-month high of $67.95. The firm has a market capitalization of $1,530.00, a P/E ratio of 28.31, a PEG ratio of 1.45 and a beta of 1.01.
NutriSystem (NASDAQ:NTRI) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. NutriSystem had a return on equity of 49.69% and a net margin of 8.27%. The company had revenue of $158.10 million during the quarter, compared to analysts’ expectations of $155.21 million. During the same period in the prior year, the business earned $0.27 earnings per share. NutriSystem’s revenue for the quarter was up 26.9% compared to the same quarter last year. equities analysts anticipate that NutriSystem will post 1.95 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Monday, November 6th were given a $0.175 dividend. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.70 annualized dividend and a yield of 1.38%. NutriSystem’s dividend payout ratio (DPR) is currently 37.84%.
NutriSystem declared that its Board of Directors has approved a stock repurchase program on Wednesday, October 25th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.
Several equities analysts have commented on the company. Lake Street Capital set a $73.00 price target on NutriSystem and gave the company a “buy” rating in a report on Thursday, October 26th. B. Riley set a $74.00 price target on NutriSystem and gave the company a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded NutriSystem from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a report on Saturday, October 28th. Finally, BidaskClub downgraded NutriSystem from a “buy” rating to a “hold” rating in a report on Saturday, August 26th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $67.44.
In related news, Director Jay Herratti sold 3,799 shares of the firm’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $60.00, for a total value of $227,940.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Michael P. Monahan sold 11,335 shares of the firm’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $55.03, for a total value of $623,765.05. Following the completion of the transaction, the chief financial officer now directly owns 55,933 shares of the company’s stock, valued at $3,077,992.99. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.
NutriSystem Company Profile
Nutrisystem, Inc is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.
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