NutriSystem (NTRI) Getting Somewhat Positive News Coverage, Accern Reports
News headlines about NutriSystem (NASDAQ:NTRI) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public 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 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.2221721650578 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
NutriSystem (NASDAQ:NTRI) traded down 0.42% during midday trading on Monday, hitting $58.70. 334,523 shares of the stock were exchanged. The company has a 50 day moving average price of $54.95 and a 200 day moving average price of $53.48. NutriSystem has a one year low of $30.10 and a one year high of $67.95. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 36.37 and a beta of 1.15.
NutriSystem (NASDAQ:NTRI) last announced its earnings results on Wednesday, July 26th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.62 by $0.18. The firm had revenue of $194.90 million for the quarter, compared to the consensus estimate of $180.75 million. NutriSystem had a net margin of 7.60% and a return on equity of 48.41%. The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Equities analysts anticipate that NutriSystem will post $1.91 EPS for the current year.
NTRI has been the topic of a number of research reports. Craig Hallum set a $70.00 target price on shares of NutriSystem and gave the stock a “buy” rating in a report on Tuesday, July 18th. Zacks Investment Research downgraded shares of NutriSystem from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. BidaskClub upgraded shares of NutriSystem from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. DA Davidson reiterated a “buy” rating and issued a $64.00 target price on shares of NutriSystem in a report on Monday, July 24th. Finally, Lake Street Capital set a $73.00 target price on shares of NutriSystem and gave the stock a “buy” rating in a report on Thursday, July 27th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $68.11.
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In other NutriSystem news, insider Dawn M. Zier sold 29,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $54.00, for a total transaction of $1,571,400.00. Following the sale, the insider now directly owns 273,867 shares in the company, valued at approximately $14,788,818. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dawn M. Zier sold 30,121 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $52.27, for a total transaction of $1,574,424.67. Following the sale, the insider now owns 214,646 shares in the company, valued at $11,219,546.42. The disclosure for this sale can be found here. Insiders have sold a total of 91,355 shares of company stock worth $4,903,650 over the last 90 days. Corporate insiders own 2.40% of the company’s stock.
Nutrisystem, Inc is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.
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