What is DA Davidson’s Estimate for NUS FY2024 Earnings?

Nu Skin Enterprises, Inc. (NYSE:NUSFree Report) – Research analysts at DA Davidson boosted their FY2024 earnings estimates for Nu Skin Enterprises in a research note issued to investors on Thursday, February 13th. DA Davidson analyst C. Xue now forecasts that the company will earn $0.67 per share for the year, up from their previous forecast of $0.66. DA Davidson currently has a “Neutral” rating and a $7.00 target price on the stock. The consensus estimate for Nu Skin Enterprises’ current full-year earnings is $0.68 per share. DA Davidson also issued estimates for Nu Skin Enterprises’ Q4 2024 earnings at $0.21 EPS.

Nu Skin Enterprises (NYSE:NUSGet Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 5.81% and a positive return on equity of 5.47%.

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

Check Out Our Latest Analysis on NUS

Nu Skin Enterprises Stock Performance

Shares of NUS stock opened at $6.41 on Friday. The company’s fifty day simple moving average is $6.91 and its 200-day simple moving average is $7.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.93 and a quick ratio of 1.20. Nu Skin Enterprises has a 12 month low of $5.95 and a 12 month high of $17.68.

Hedge Funds Weigh In On Nu Skin Enterprises

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Nu Skin Enterprises by 1.1% in the third quarter. Geode Capital Management LLC now owns 1,130,487 shares of the company’s stock valued at $8,333,000 after purchasing an additional 11,838 shares during the period. Jane Street Group LLC raised its position in shares of Nu Skin Enterprises by 358.4% in the third quarter. Jane Street Group LLC now owns 924,993 shares of the company’s stock valued at $6,817,000 after purchasing an additional 723,220 shares during the period. American Century Companies Inc. raised its position in shares of Nu Skin Enterprises by 12.0% in the fourth quarter. American Century Companies Inc. now owns 824,739 shares of the company’s stock valued at $5,682,000 after purchasing an additional 88,181 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Nu Skin Enterprises by 18.5% in the fourth quarter. Bank of New York Mellon Corp now owns 613,330 shares of the company’s stock valued at $4,226,000 after acquiring an additional 95,938 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in shares of Nu Skin Enterprises by 27.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 603,555 shares of the company’s stock valued at $4,448,000 after acquiring an additional 130,980 shares in the last quarter. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Company Profile

(Get Free Report)

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.

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