Nutrisystem Inc. (NASDAQ:NTRI) – Equities researchers at B. Riley issued their Q4 2016 EPS estimates for shares of Nutrisystem in a research note issued on Thursday. B. Riley analyst L. Weiser forecasts that the firm will post earnings of $0.22 per share for the quarter. B. Riley has a “Buy” rating and a $43.00 price objective on the stock. B. Riley also issued estimates for Nutrisystem’s Q1 2017 earnings at $0.07 EPS, Q2 2017 earnings at $0.63 EPS, Q3 2017 earnings at $0.37 EPS, Q4 2017 earnings at $0.28 EPS and FY2018 earnings at $1.60 EPS.
NTRI has been the subject of several other reports. Zacks Investment Research lowered Nutrisystem from a “buy” rating to a “hold” rating in a report on Tuesday, October 4th. Wunderlich upped their target price on Nutrisystem from $31.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, October 19th. Barrington Research reaffirmed an “outperform” rating on shares of Nutrisystem in a report on Sunday, July 31st. Finally, Citigroup Inc. upped their target price on Nutrisystem from $31.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, September 13th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Nutrisystem presently has a consensus rating of “Buy” and a consensus target price of $34.33.
Nutrisystem (NASDAQ:NTRI) opened at 31.35 on Monday. The firm’s 50-day moving average price is $29.87 and its 200-day moving average price is $27.11. Nutrisystem has a 1-year low of $17.25 and a 1-year high of $33.60. The company has a market cap of $919.15 million, a price-to-earnings ratio of 30.41 and a beta of 0.76.
Nutrisystem (NASDAQ:NTRI) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. Nutrisystem had a return on equity of 43.89% and a net margin of 5.78%. The firm had revenue of $124.60 million for the quarter, compared to analyst estimates of $238.36 million. During the same quarter last year, the company earned $0.25 EPS. The company’s revenue was up 18.8% on a year-over-year basis.
Large investors have recently bought and sold shares of the company. Teacher Retirement System of Texas increased its stake in Nutrisystem by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 4,062 shares of the company’s stock valued at $103,000 after buying an additional 494 shares in the last quarter. Mason Street Advisors LLC bought a new stake in Nutrisystem during the second quarter valued at about $144,000. Creative Planning increased its stake in Nutrisystem by 138.6% in the third quarter. Creative Planning now owns 7,695 shares of the company’s stock valued at $228,000 after buying an additional 4,470 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in Nutrisystem by 99.7% in the second quarter. BNP Paribas Arbitrage SA now owns 9,586 shares of the company’s stock valued at $243,000 after buying an additional 4,787 shares in the last quarter. Finally, Capital Growth Management LP bought a new stake in Nutrisystem during the second quarter valued at about $254,000. Hedge funds and other institutional investors own 94.96% of the company’s stock.
In other Nutrisystem news, insider Dawn M. Zier sold 19,150 shares of the stock in a transaction on Thursday, October 20th. The stock was sold at an average price of $31.15, for a total transaction of $596,522.50. Following the sale, the insider now owns 241,321 shares in the company, valued at $7,517,149.15. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brian Tierney sold 7,000 shares of the stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $29.25, for a total value of $204,750.00. Following the sale, the director now owns 40,620 shares in the company, valued at approximately $1,188,135. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 17th. Shareholders of record on Monday, November 7th will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, November 3rd. This represents a $0.70 annualized dividend and a dividend yield of 2.23%. Nutrisystem’s dividend payout ratio is currently 67.96%.
Nutrisystem Company Profile