GNC Holdings Inc (NYSE:GNC) has earned an average rating of “Hold” from the fifteen ratings firms that are presently covering the company. Six investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $15.85.
A number of equities analysts have commented on GNC shares. Deutsche Bank AG reiterated a “hold” rating and issued a $10.00 price objective (down previously from $16.00) on shares of GNC Holdings in a report on Wednesday, February 15th. Goldman Sachs Group Inc lowered shares of GNC Holdings from a “neutral” rating to a “sell” rating and set a $8.00 price objective on the stock. in a report on Thursday, January 19th. Vetr upgraded shares of GNC Holdings from a “hold” rating to a “buy” rating and set a $11.50 price objective on the stock in a report on Monday, January 9th. Robert W. Baird reiterated a “neutral” rating and issued a $12.00 price objective on shares of GNC Holdings in a report on Tuesday, February 14th. Finally, Zacks Investment Research upgraded shares of GNC Holdings from a “strong sell” rating to a “hold” rating in a report on Thursday, January 19th.
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In related news, CEO Robert F. Moran bought 592,259 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were acquired at an average price of $8.44 per share, for a total transaction of $4,998,665.96. Following the purchase, the chief executive officer now owns 119,095 shares in the company, valued at approximately $1,005,161.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Michael F. Hines bought 125,000 shares of the business’s stock in a transaction dated Tuesday, February 21st. The stock was bought at an average price of $8.18 per share, for a total transaction of $1,022,500.00. Following the purchase, the director now owns 168,989 shares in the company, valued at approximately $1,382,330.02. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 800,316 shares of company stock worth $6,659,718. Company insiders own 0.78% of the company’s stock.
Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. raised its stake in shares of GNC Holdings by 34.0% in the third quarter. Victory Capital Management Inc. now owns 9,544 shares of the company’s stock worth $195,000 after buying an additional 2,423 shares during the period. Kempen Capital Management N.V. bought a new stake in shares of GNC Holdings during the third quarter worth about $204,000. First Republic Investment Management Inc. bought a new stake in shares of GNC Holdings during the fourth quarter worth about $110,000. Nisa Investment Advisors LLC raised its stake in shares of GNC Holdings by 155.8% in the third quarter. Nisa Investment Advisors LLC now owns 11,000 shares of the company’s stock worth $225,000 after buying an additional 6,700 shares during the period. Finally, Weiss Asset Management LP bought a new stake in shares of GNC Holdings during the third quarter worth about $237,000. Institutional investors and hedge funds own 76.75% of the company’s stock.
GNC Holdings (NYSE:GNC) opened at 7.00 on Wednesday. GNC Holdings has a 12-month low of $6.87 and a 12-month high of $35.90. The company’s 50 day moving average price is $7.86 and its 200-day moving average price is $13.48. The stock’s market cap is $478.82 million.
GNC Holdings (NYSE:GNC) last issued its quarterly earnings data on Thursday, February 16th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by $0.29. GNC Holdings had a return on equity of 53.97% and a net margin of 7.35%. The firm earned $569.90 million during the quarter, compared to analyst estimates of $571.79 million. During the same quarter in the prior year, the firm earned $0.63 EPS. The business’s quarterly revenue was down 7.8% compared to the same quarter last year. On average, analysts forecast that GNC Holdings will post $1.35 EPS for the current year.
GNC Holdings Company Profile
GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.
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