News stories about GNC Holdings (NYSE:GNC) have been trending somewhat positive on Friday, AlphaOne reports. The research group, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GNC Holdings earned a news impact score of 0.12 on AlphaOne’s scale. AlphaOne also assigned headlines about the specialty retailer an impact score of 53 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Alpha One Sentiment Analysis’s analysis:
- Shah Capital Management Buys GNC Holdings, Seadrill, Nordic American Offshore, Sells Coeur … (nasdaq.com)
- GNC Holdings, Inc. (NASDAQ:GNC) Expected To Report Earnings On Tuesday (nyhetsbanken.info)
- GNC: Kicking Hornets Nests (seekingalpha.com)
- GNC Holdings, Inc. – Value Analysis (NYSE:GNC) : April 20, 2017 (finance.yahoo.com)
- FY2017 Earnings Estimate for GNC Holdings Inc Issued By Gabelli (GNC) (americanbankingnews.com)
Several research analysts recently issued reports on the company. Vetr cut GNC Holdings from a “strong-buy” rating to a “buy” rating and set a $10.12 price objective on the stock. in a research note on Wednesday. Barclays PLC increased their price objective on GNC Holdings from $5.00 to $7.00 and gave the stock an “underweight” rating in a research note on Wednesday. Goldman Sachs Group Inc cut GNC Holdings from a “neutral” rating to a “sell” rating and set a $8.00 price objective on the stock. in a research note on Thursday, January 19th. Deutsche Bank AG reaffirmed a “hold” rating and set a $9.00 price target on shares of GNC Holdings in a research report on Wednesday. Finally, TheStreet downgraded GNC Holdings from a “c-” rating to a “d” rating in a research report on Monday, March 20th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.56.
GNC Holdings (NYSE:GNC) traded down 5.13% during midday trading on Friday, reaching $8.33. The company had a trading volume of 4,278,954 shares. GNC Holdings has a 1-year low of $6.51 and a 1-year high of $35.90. The firm’s 50 day moving average is $7.41 and its 200 day moving average is $11.72. The stock’s market capitalization is $569.80 million. GNC Holdings also was the recipient of some unusual options trading activity on Tuesday. Investors bought 1,977 call options on the company. This is an increase of 980% compared to the average volume of 183 call options.
GNC Holdings (NYSE:GNC) last posted its earnings results on Tuesday, April 18th. The specialty retailer reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.04. The firm earned $644.80 million during the quarter, compared to analysts’ expectations of $623.03 million. GNC Holdings had a net margin of 7.35% and a return on equity of 53.97%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 earnings per share. On average, equities analysts anticipate that GNC Holdings will post $1.35 EPS for the current fiscal year.
In other GNC Holdings news, SVP Guru Ramanathan bought 29,500 shares of GNC Holdings stock in a transaction on Tuesday, March 7th. The stock was purchased at an average cost of $7.72 per share, for a total transaction of $227,740.00. Following the completion of the purchase, the senior vice president now directly owns 74,512 shares of the company’s stock, valued at $575,232.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey Paul Berger bought 30,000 shares of GNC Holdings stock in a transaction on Wednesday, March 15th. The stock was acquired at an average price of $6.98 per share, with a total value of $209,400.00. Following the completion of the purchase, the director now directly owns 67,589 shares of the company’s stock, valued at $471,771.22. The disclosure for this purchase can be found here. Insiders acquired 800,316 shares of company stock valued at $6,659,718 over the last quarter. Corporate insiders own 0.78% of the company’s stock.
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About GNC Holdings
GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company’s operations consist of purchasing raw materials, formulating and manufacturing products and selling the finished products.
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