Nature’s Sunshine Products (NASDAQ:NATR) Upgraded by StockNews.com to “Strong-Buy”

StockNews.com upgraded shares of Nature’s Sunshine Products (NASDAQ:NATR) from a buy rating to a strong-buy rating in a report released on Tuesday morning.

Separately, DA Davidson dropped their target price on shares of Nature’s Sunshine Products from $23.00 to $21.00 and set a buy rating on the stock in a research report on Monday, August 12th.

Nature’s Sunshine Products Price Performance

Shares of NATR opened at $14.06 on Tuesday. The firm’s 50 day moving average is $14.45 and its 200-day moving average is $16.40. The stock has a market capitalization of $260.25 million, a P/E ratio of 16.93 and a beta of 0.87. Nature’s Sunshine Products has a 12-month low of $10.81 and a 12-month high of $21.72.

Nature’s Sunshine Products (NASDAQ:NATR) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.18). The business had revenue of $110.55 million during the quarter. Nature’s Sunshine Products had a return on equity of 9.79% and a net margin of 3.50%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NATR. Wasatch Advisors LP purchased a new position in Nature’s Sunshine Products during the fourth quarter valued at approximately $7,430,000. Skylands Capital LLC grew its position in Nature’s Sunshine Products by 722.1% during the second quarter. Skylands Capital LLC now owns 333,101 shares of the company’s stock valued at $5,020,000 after purchasing an additional 292,581 shares in the last quarter. Paradigm Capital Management Inc. NY lifted its stake in Nature’s Sunshine Products by 26.8% in the second quarter. Paradigm Capital Management Inc. NY now owns 695,079 shares of the company’s stock valued at $10,475,000 after acquiring an additional 146,879 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in Nature’s Sunshine Products by 50.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 198,730 shares of the company’s stock valued at $3,436,000 after acquiring an additional 66,500 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Nature’s Sunshine Products by 25.7% in the second quarter. American Century Companies Inc. now owns 260,479 shares of the company’s stock valued at $3,925,000 after acquiring an additional 53,221 shares during the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

About Nature’s Sunshine Products

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.