Shares of GNC Holdings Inc. (NYSE:GNC) have earned an average recommendation of “Hold” from the seventeen research firms that are presently covering the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.89.
Several equities analysts have issued reports on the stock. Vetr cut shares of GNC Holdings from a “hold” rating to a “sell” rating and set a $19.75 target price on the stock. in a research note on Monday, October 3rd. Zacks Investment Research upgraded shares of GNC Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, September 28th. Barclays PLC assumed coverage on shares of GNC Holdings in a research note on Friday, September 23rd. They set an “equal weight” rating and a $21.00 target price on the stock. Wedbush cut shares of GNC Holdings from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $31.00 to $23.00 in a research note on Monday, August 1st. Finally, JPMorgan Chase & Co. restated a “hold” rating and set a $25.00 target price on shares of GNC Holdings in a research note on Friday, July 29th.
Large investors have recently made changes to their positions in the stock. Victory Capital Management Inc. raised its stake in shares of GNC Holdings by 17.6% in the second quarter. Victory Capital Management Inc. now owns 7,121 shares of the company’s stock worth $173,000 after buying an additional 1,065 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of GNC Holdings during the second quarter worth about $213,000. ProShare Advisors LLC bought a new stake in shares of GNC Holdings during the second quarter worth about $218,000. Oregon Public Employees Retirement Fund bought a new stake in shares of GNC Holdings during the second quarter worth about $237,000. Finally, Menta Capital LLC bought a new stake in shares of GNC Holdings during the first quarter worth about $240,000. 95.92% of the stock is owned by institutional investors and hedge funds.
GNC Holdings (NYSE:GNC) traded up 1.26% during trading on Monday, hitting $20.88. 223,779 shares of the stock were exchanged. The company has a 50-day moving average price of $20.50 and a 200 day moving average price of $24.94. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 7.82 and a beta of 0.91. GNC Holdings has a 1-year low of $18.92 and a 1-year high of $42.15.
GNC Holdings (NYSE:GNC) last posted its earnings results on Thursday, July 28th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.01. The business had revenue of $689.60 million for the quarter, compared to analysts’ expectations of $670.65 million. GNC Holdings had a net margin of 7.73% and a return on equity of 50.48%. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 EPS. Equities analysts predict that GNC Holdings will post $2.75 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 16th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date was Wednesday, September 14th. GNC Holdings’s dividend payout ratio (DPR) is currently 29.52%.
About GNC Holdings
GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products. The Company operates in three segments: Retail, Franchising and Manufacturing/Wholesale. The Retail segment includes sales of products to customers at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com.
Receive News & Ratings for GNC Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GNC Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.