Nu Skin Enterprises (NUS) 'Powerful' Product Cycle Continues - Analyst
Tweet Send to a FriendGet Alerts NUS Hot Sheet
Price: $61.23 -0.26%
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade NUS Now!
Despite getting lumped in with the Herbalife debate, Nu Skin Enterprises' (NYSE: NUS) remains in the "in the midst of a powerful product cycle," according to analyst at Canaccord Genuity. The firm reiterated a Buy rating but trimmed their price target from $65 to $55.
This was displayed in fourth quarter results, which came were in-line with recently raised guidance although FY2013 guidance pressured shares.
Analyst Scott Van Winkle said Q1 guidance looks conservative as it doesn't assume the yen hedge offset, but otherwise reflects the update provided in the company’s mid-January conference presentation.
The firm raised 2013E rev/EPS to $2.35B/$3.87 from $2.25B/$3.85. F2014E rev/EPS goes to $2.6B/$4.42 from $2.4B/$4.32.
For an analyst ratings summary and ratings history on Nu Skin Enterprises click here. For more ratings news on Nu Skin Enterprises click here.
Shares of Nu Skin Enterprises closed at $41.72 yesterday, with a 52 week range of $32.36-$62.02.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
This was displayed in fourth quarter results, which came were in-line with recently raised guidance although FY2013 guidance pressured shares.
Analyst Scott Van Winkle said Q1 guidance looks conservative as it doesn't assume the yen hedge offset, but otherwise reflects the update provided in the company’s mid-January conference presentation.
The firm raised 2013E rev/EPS to $2.35B/$3.87 from $2.25B/$3.85. F2014E rev/EPS goes to $2.6B/$4.42 from $2.4B/$4.32.
For an analyst ratings summary and ratings history on Nu Skin Enterprises click here. For more ratings news on Nu Skin Enterprises click here.
Shares of Nu Skin Enterprises closed at $41.72 yesterday, with a 52 week range of $32.36-$62.02.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Says Tesla (TSLA) 'Top Pick in U.S. Autos'
- UPDATE: Macquarie Downgrades Barrick Gold (ABX) to Underperform
- SunPower (SPWR) Not Worth More than $13/Share, Says Goldman
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Analyst PT ChangeRelated Entities
Canaccord Genuity
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
