Headlines about NutriSystem (NASDAQ:NTRI) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NutriSystem earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.7371764399043 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s rankings:
- Nutrisystem Ranks among Fortune’s 100 Fastest Growing Companies For The Second Consecutive Year (finance.yahoo.com)
- NutriSystem Inc. (NTRI) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Nutrisystem, Inc. (NasdaqGS:NTRI) Value Composition Score in Focus (baycityobserver.com)
- Nutrisystem Inc (NTRI) Chikou Crossing Below Tenkan Line (baycityobserver.com)
- Active Stocks to Observe: Match Group, Inc. (NASDAQ:MTCH), Nutrisystem, Inc. (NASDAQ:NTRI), TransGlobe Energy … (journalfinance.net)
Shares of NutriSystem stock traded up $0.22 during midday trading on Thursday, hitting $36.67. The company had a trading volume of 8,290 shares, compared to its average volume of 497,587. The company has a market capitalization of $1.09 billion, a P/E ratio of 18.60, a PEG ratio of 1.77 and a beta of 1.31. NutriSystem has a 52-week low of $26.06 and a 52-week high of $60.80.
NutriSystem (NASDAQ:NTRI) last posted its quarterly earnings results on Monday, July 30th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.06. The company had revenue of $191.30 million for the quarter, compared to the consensus estimate of $189.07 million. NutriSystem had a return on equity of 43.29% and a net margin of 7.94%. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 EPS. research analysts predict that NutriSystem will post 2.09 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, August 20th. Investors of record on Thursday, August 9th were paid a $0.25 dividend. The ex-dividend date was Wednesday, August 8th. This represents a $1.00 annualized dividend and a dividend yield of 2.73%. NutriSystem’s payout ratio is currently 51.02%.
A number of research analysts have weighed in on NTRI shares. Citigroup upped their target price on NutriSystem from $39.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, June 14th. Zacks Investment Research upgraded NutriSystem from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Wednesday, May 9th. DA Davidson upped their target price on NutriSystem from $43.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, May 30th. They noted that the move was a valuation call. B. Riley upped their target price on NutriSystem from $52.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, July 31st. Finally, Barrington Research reiterated a “hold” rating on shares of NutriSystem in a report on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $46.50.
In related news, CFO Michael P. Monahan sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, July 6th. The stock was sold at an average price of $40.03, for a total value of $800,600.00. Following the sale, the chief financial officer now owns 72,513 shares in the company, valued at approximately $2,902,695.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jay Herratti sold 1,930 shares of the company’s stock in a transaction that occurred on Friday, July 6th. The stock was sold at an average price of $40.00, for a total value of $77,200.00. Following the completion of the sale, the director now owns 21,504 shares in the company, valued at approximately $860,160. The disclosure for this sale can be found here. Corporate insiders own 2.40% of the company’s stock.
Nutrisystem, Inc, together with its subsidiaries, provides weight management products and services for women and men in the United States. The company offers weight loss programs that consist primarily of a pre-packaged food program, digital tools, and counseling. It also provides Nutrisystem Lean13 program, which provides weight loss, and support and counseling services; the South Beach Diet, a weight-loss program; and Nutrisystem 5-day kit, a ?D' kit that offers individuals with or at risk of type 2 diabetes.
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