Is GNC Holdings Inc’s Fuel For Real? The Stock Was Bought By Option Traders

 Is GNC Holdings Inc's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session GNC Holdings Inc (GNC) registered an unusually high (316) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious GNC increase. With 316 contracts traded and 16194 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: GNC170120C00015000 closed last at: $1.35 or 12.5% up. About 645,206 shares traded hands. GNC Holdings Inc (NYSE:GNC) has declined 56.66% since April 5, 2016 and is downtrending. It has underperformed by 58.62% the S&P500.

GNC Holdings Inc (NYSE:GNC) Ratings Coverage

Out of 10 analysts covering GNC Holdings (NYSE:GNC), 2 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 20% are positive. $54 is the highest target while $16 is the lowest. The $29.88 average target is 127.05% above today’s ($13.16) stock price. GNC Holdings has been the topic of 18 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Piper Jaffray downgraded GNC Holdings Inc (NYSE:GNC) on Friday, October 28 to “Underweight” rating. Wedbush maintained the shares of GNC in a report on Friday, April 29 with “Outperform” rating. The rating was downgraded by Sterne Agee CRT to “Neutral” on Friday, October 23. The firm has “Underperform” rating given on Friday, October 28 by Bank of America. The company was upgraded on Friday, October 30 by Stephens. Piper Jaffray initiated the stock with “Overweight” rating in Tuesday, May 10 report. The stock of GNC Holdings Inc (NYSE:GNC) has “Neutral” rating given on Friday, April 29 by Goldman Sachs. Barclays Capital maintained the shares of GNC in a report on Monday, November 2 with “Overweight” rating. JP Morgan maintained GNC Holdings Inc (NYSE:GNC) on Monday, November 2 with “Neutral” rating. Deutsche Bank maintained the shares of GNC in a report on Friday, October 28 with “Hold” rating.

According to Zacks Investment Research, “GNC Holdings, Inc. operates as a specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. The Company offers its products under the brands- Mega Men, Ultra Mega, GNC WELLbeING, Pro Performance, Pro Performance AMP and Longevity Factors and etc. It also offers products and product information online. GNC Holdings, Inc. is based in Pittsburgh, Pennsylvania.”

Insitutional Activity: The institutional sentiment decreased to 0.9 in Q2 2016. Its down 0.15, from 1.05 in 2016Q1. The ratio turned negative, as 47 funds sold all GNC Holdings Inc shares owned while 67 reduced positions. 33 funds bought stakes while 70 increased positions. They now own 64.83 million shares or 5.96% less from 68.93 million shares in 2016Q1.
Raymond James Assoc has invested 0% of its portfolio in GNC Holdings Inc (NYSE:GNC). Lucus Advisors has 0.28% invested in the company for 14,138 shares. Moreover, Impax Asset Mngmt has 0.24% invested in GNC Holdings Inc (NYSE:GNC) for 199,551 shares. The Pennsylvania-based Tfs Cap Limited Liability Co has invested 0.24% in GNC Holdings Inc (NYSE:GNC). Art Advsrs Ltd Limited Liability Company has 0.01% invested in the company for 12,116 shares. Lsv Asset, a Illinois-based fund reported 61,800 shares. The Pennsylvania-based Susquehanna Gru Llp has invested 0% in GNC Holdings Inc (NYSE:GNC). Price T Rowe Assocs Inc Md owns 30,318 shares or 0% of their US portfolio. Landscape Capital has invested 0.03% of its portfolio in GNC Holdings Inc (NYSE:GNC). Royal Bank & Trust Of Canada has invested 0% of its portfolio in GNC Holdings Inc (NYSE:GNC). Checchi Cap Advisers Limited Liability Corp owns 66 shares or 0% of their US portfolio. First Tru L P accumulated 0% or 52,909 shares. Tiaa Cref Inv Limited Liability Co owns 799,160 shares or 0.01% of their US portfolio. Moreover, Numeric Limited Liability Corp has 0.01% invested in GNC Holdings Inc (NYSE:GNC) for 40,800 shares. Boston Advisors Llc owns 74,843 shares or 0.05% of their US portfolio.

GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products , sports nutrition products and diet products. The company has a market cap of $903.51 million. The Firm operates in three divisions: Retail, Franchising and Manufacturing/Wholesale. It has a 4.97 P/E ratio. The Retail segment includes sales of products to clients at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com.

GNC Company Profile

GNC Holdings, Inc., incorporated on February 5, 2007, 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’s activities consist of purchasing raw materials, formulating and manufacturing products and selling the finished products. The Firm operates in three divisions: Retail, Franchising and Manufacturing/Wholesale. The Company’s brands include Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD and Herbal Plus. The Firm operates its primary manufacturing facilities in South Carolina and distribution centers in Arizona, Indiana, Pennsylvania and South Carolina. The Firm makes its branded products and also merchandises various third-party products.

More notable recent GNC Holdings Inc (NYSE:GNC) news were published by: Prnewswire.com which released: “GNC Holdings, Inc. Reports Third Quarter 2016 Results” on October 27, 2016, also Prnewswire.com with their article: “GNC Holdings, Inc. Announces Quarterly Dividend” published on October 21, 2016, Prnewswire.com published: “GNC Holdings, Inc. Third Quarter 2016 Earnings Release, Webcast and Conference …” on October 11, 2016. More interesting news about GNC Holdings Inc (NYSE:GNC) were released by: Nasdaq.com and their article: “Earnings Reaction History: GNC Holdings Inc, 50.0% Follow-Through Indicator, 8 …” published on October 27, 2016 as well as Investorplace.com‘s news article titled: “Why Halliburton Company (HAL), GNC Holdings Inc (GNC) and Michael Kors …” with publication date: October 19, 2016.

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