Is Buying Stock Like Nu Skin Enterprises, Inc. Good Idea After Today’s Bearish Options Activity?

 Is Buying Stock Like Nu Skin Enterprises, Inc. Good Idea After Today's Bearish Options Activity?

In today’s session Nu Skin Enterprises, Inc. (NUS) recorded an unusually high (100) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious NUS decrease. With 100 contracts traded and 7764 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: NUS161216P00050000 closed last at: $0.55 or 21.4% down. About 67,434 shares traded hands. Nu Skin Enterprises, Inc. (NYSE:NUS) has risen 38.64% since April 26, 2016 and is uptrending. It has outperformed by 33.38% the S&P500.

Analysts await Nu Skin Enterprises, Inc. (NYSE:NUS) to report earnings on February, 9. They expect $0.80 EPS, up 29.03% or $0.18 from last year’s $0.62 per share. NUS’s profit will be $42.99 million for 16.69 P/E if the $0.80 EPS becomes a reality. After $1.07 actual EPS reported by Nu Skin Enterprises, Inc. for the previous quarter, Wall Street now forecasts -25.23% negative EPS growth.

Nu Skin Enterprises, Inc. (NYSE:NUS) Ratings Coverage

Out of 9 analysts covering Nu Skin (NYSE:NUS), 3 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 33% are positive. Nu Skin has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Nu Skin Enterprises, Inc. (NYSE:NUS) earned “Hold” rating by Canaccord Genuity on Wednesday, October 7. Deutsche Bank maintained Nu Skin Enterprises, Inc. (NYSE:NUS) rating on Friday, August 5. Deutsche Bank has “Buy” rating and $57 price target. The stock of Nu Skin Enterprises, Inc. (NYSE:NUS) has “Hold” rating given on Friday, June 3 by Jefferies. Stifel Nicolaus downgraded the shares of NUS in a report on Wednesday, October 7 to “Sell” rating. The stock of Nu Skin Enterprises, Inc. (NYSE:NUS) has “Neutral” rating given on Friday, February 12 by Sidoti. The stock of Nu Skin Enterprises, Inc. (NYSE:NUS) has “Buy” rating given on Wednesday, October 7 by Pivotal Research. The stock of Nu Skin Enterprises, Inc. (NYSE:NUS) earned “Buy” rating by Citigroup on Tuesday, April 19. The rating was upgraded by Zacks on Thursday, August 13 to “Sell”. On Wednesday, September 21 the stock rating was maintained by Citigroup with “Buy”. The firm has “Sell” rating by Stifel Nicolaus given on Friday, August 5.

According to Zacks Investment Research, “Nu Skin is a premier anti-aging company. The company’s anti-aging products feature the ageLOC line of products including ageLOC Tru Face Essence Ultra firming serum, the ageLOC TR90 weight management and body shaping system, ageLOC R2 nutritional supplement, and ageLOC Transformation daily skin care system.”

Insitutional Activity: The institutional sentiment increased to 1.51 in Q2 2016. Its up 0.44, from 1.07 in 2016Q1. The ratio improved, as 30 funds sold all Nu Skin Enterprises, Inc. shares owned while 60 reduced positions. 36 funds bought stakes while 60 increased positions. They now own 40.71 million shares or 5.55% less from 43.10 million shares in 2016Q1.
Prudential Fin holds 0% or 7,790 shares in its portfolio. Credit Suisse Ag holds 0.01% of its portfolio in Nu Skin Enterprises, Inc. (NYSE:NUS) for 164,975 shares. The New York-based Teachers Advsrs has invested 0.01% in Nu Skin Enterprises, Inc. (NYSE:NUS). Cornerstone Capital Mgmt Hldgs Lc has 0.11% invested in the company for 297,397 shares. Finemark State Bank And has invested 0% of its portfolio in Nu Skin Enterprises, Inc. (NYSE:NUS). Aristotle Cap Boston Limited Liability Com reported 66,839 shares or 0.69% of all its holdings. The California-based First Quadrant Limited Partnership Ca has invested 0.02% in Nu Skin Enterprises, Inc. (NYSE:NUS). Us Commercial Bank De owns 1,369 shares or 0% of their US portfolio. Miles Capital Incorporated owns 20,626 shares or 0.65% of their US portfolio. Qs Limited Liability Corporation accumulated 33,768 shares or 0.01% of the stock. Manufacturers Life Company The has invested 0% of its portfolio in Nu Skin Enterprises, Inc. (NYSE:NUS). Envestnet Asset owns 1,019 shares or 0% of their US portfolio. Pacad Inv Limited last reported 16,170 shares in the company. Hanseatic Mngmt accumulated 0.01% or 342 shares. Federated Invsts Incorporated Pa holds 0.01% or 68,980 shares in its portfolio.

Insider Transactions: Since September 22, 2016, the stock had 0 insider purchases, and 3 sales for $6.77 million net activity. $3.75M worth of Nu Skin Enterprises, Inc. (NYSE:NUS) shares were sold by LUND STEVEN. Shares for $1.09M were sold by DORNY D MATTHEW. Shares for $1.92 million were sold by LIPMAN ANDREW D on Thursday, September 22.

Nu Skin Enterprises, Inc. is a direct selling firm that develops and distributes personal care products and nutritional supplements, and a range of other services and products. The company has a market cap of $2.87 billion. The Firm offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. It has a 21.73 P/E ratio. The Nu Skin brand offers a range of products, including ageLOC Spa systems, ageLOC Transformation anti-aging skin care system and ageLOC Tru Face Essence Ultra anti-aging skin care serum.

NUS Company Profile

Nu Skin Enterprises, Inc., incorporated on September 4, 1996, is a global direct selling firm that develops and distributes personal care products and nutritional supplements, and a range of other services and products. The Firm offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Firm has activities in various geographic regions, including Greater China, North Asia, Americas, South Asia/Pacific, and Europe, the Middle East and Africa (EMEA). The Firm operates in the direct selling channel, primarily utilizing person-to-person marketing to promote and sell its products. The Firm offers Pharmanex nutritional supplements and Nu Skin personal care products under its ageLOC anti-aging brand. It also offers a limited number of other services and products, including household products and technology services.

More notable recent Nu Skin Enterprises, Inc. (NYSE:NUS) news were published by: Forbes.com which released: “NU Skin Enterprises Enters Oversold Territory” on November 28, 2016, also Fool.com with their article: “Why Nu Skin Enterprises Inc. Stock Jumped 17% in June” published on July 07, 2016, Prnewswire.com published: “Nu Skin Enterprises Announces Quarterly Dividend” on November 03, 2016. More interesting news about Nu Skin Enterprises, Inc. (NYSE:NUS) were released by: Fool.com and their article: “Why Nu Skin Enterprises, Inc. Stock Popped Today” published on June 16, 2016 as well as Wsj.com‘s news article titled: “Nu Skin Raises $210 Million From Chinese Investors” with publication date: June 16, 2016.

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