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GNC Stock Soars 28% Despite Mixed Q1 Earnings

21 April 2017

After $0.07 actual EPS reported by GNC Holdings Inc for the previous quarter, Wall Street now forecasts 371.43% EPS growth. Finally, Barclays PLC cut shares of GNC Holdings from an "equal weight" rating to an "underweight" rating and reduced their target price for the stock from $15.00 to $11.00 in a report on Tuesday, December 13th. We have $9.68 PT which if reached, will make NYSE:GNC worth $54.35 million more. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Nisa Investment Advisors LLC boosted its position in shares of GNC Holdings by 155.8% in the third quarter. Hutchin Hill Lp accumulated 58,700 shares or 0.04% of the stock.

Yet another important factor while evaluating a good buy/sell decision for GNC Holdings Inc.

GNC Holdings Inc. (GNC) has a market capitalization of 495.24 Million which suggests the company is a huge company further suggesting that the shares of GNC Holdings Inc. On the bull side, five-star JP Morgan analyst Doug Anmuth explains weak subscriber additions as the result of lighter content releases recently, adding that the underlying secular trend towards Internet TV "remains very strong".

In other news, CEO Robert F. Moran bought 592,259 shares of GNC Holdings stock in a transaction dated Tuesday, February 21st. (NYSE:GNC) was up +24.72% during the last trading session, with a day high of 9.44.

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GNC Holdings Inc. shares increased 8.87 percent over the past week and fell -0.28 percent over the previous month.

GNC Holdings, Inc.'s stock is 18.88% away from its 20-Day Simple Moving Average. Moreover, Ubs Asset Mngmt Americas has 0% invested in GNC Holdings Inc (NYSE:GNC) for 16,097 shares. The analysts estimated sales for the higher end at 640.24 million and lower end at 612.8 million while the year ago reported sale was 688.29 million.

Investors sentiment decreased to 1.35 in 2016 Q4. The firm is expected to announce its next quarterly earnings results before the market opens on Tuesday, April 18th. The nutrition retailer posted earnings of 37 cents per share, also topping our consensus estimates of 33 cents earnings per share. Revenue hit $644.8 million during the quarter, a drop off from last year's $668.9 million during the same quarter, but better than FactSet's $623.0 million consensus. GNC's profit will be $22.44 million for 6.73 P/E if the $0.33 EPS becomes a reality. The Pittsburgh-based company said it had net income of 35 cents per share.

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08/01/2016 - GNC Holdings, Inc. was downgraded to "neutral" by analysts at Wedbush. Canada Pension Plan Investment Board reported 0.03% of its portfolio in GNC Holdings Inc (NYSE:GNC).

The current short interest as a percentage of the float for GNC Holdings is extremely high at 43.4%. Deutsche Bank AG reissued a "hold" rating and set a $10.00 price objective (down previously from $16.00) on shares of GNC Holdings in a research report on Wednesday, February 15th. Finally, Zacks Investment Research upgraded GNC Holdings from a "strong sell" rating to a "hold" rating in a research report on Wednesday. The company was downgraded on Friday, October 23 by Sterne Agee CRT.

In other GNC Holdings news, SVP Guru Ramanathan purchased 29,500 shares of the firm's stock in a transaction that occurred on Tuesday, March 7th. The stock is showing its Operating Margin of -7.6 percent. Following the purchase, the chief executive officer now directly owns 119,095 shares in the company, valued at approximately $1,005,161.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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