News headlines about GNC Holdings (NYSE:GNC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. GNC Holdings earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave news headlines about the specialty retailer an impact score of 47.3034362743926 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s analysis:
- FY2017 Earnings Forecast for GNC Holdings, Inc. (GNC) Issued By Gabelli (americanbankingnews.com)
- That’s Odd: Bearish GNC Analysts See 30.32% Upside (thestreet.com)
- Post-earnings decline for GNC Holdings – Seeking Alpha (seekingalpha.com)
- Analyzing GNC Holdings (GNC) and SuperValu (SVU) (americanbankingnews.com)
- BRIEF-GNC Holdings reports Q3 earnings per share $0.31 (businessinsider.com)
A number of research firms recently weighed in on GNC. BidaskClub cut shares of GNC Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. ValuEngine cut shares of GNC Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Barclays PLC lifted their target price on shares of GNC Holdings from $7.00 to $9.00 and gave the company an “underweight” rating in a research note on Friday, July 28th. Zacks Investment Research upgraded shares of GNC Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Robert W. Baird restated a “hold” rating and set a $10.00 target price on shares of GNC Holdings in a research note on Sunday, September 17th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. GNC Holdings presently has an average rating of “Hold” and an average price target of $7.95.
GNC Holdings (NYSE GNC) traded down 3.49% during mid-day trading on Monday, hitting $6.64. 3,318,223 shares of the stock were exchanged. The stock’s 50 day moving average is $8.51 and its 200 day moving average is $8.31. GNC Holdings has a 52-week low of $6.51 and a 52-week high of $15.50. The stock’s market cap is $454.63 million.
GNC Holdings (NYSE:GNC) last posted its quarterly earnings results on Thursday, October 26th. The specialty retailer reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01). The business had revenue of $609.47 million during the quarter, compared to analysts’ expectations of $614.08 million. GNC Holdings had a negative return on equity of 133.37% and a negative net margin of 15.11%. The business’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. Analysts forecast that GNC Holdings will post $1.33 EPS for the current fiscal year.
In related news, CEO Kenneth Martindale sold 64,555 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $9.28, for a total transaction of $599,070.40. Following the completion of the sale, the chief executive officer now directly owns 455,001 shares in the company, valued at $4,222,409.28. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.85% of the stock is currently owned by company insiders.
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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