GNC Holdings (GNC) Given Media Sentiment Score of 0.20
News headlines about GNC Holdings (NYSE:GNC) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. GNC Holdings earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news stories about the specialty retailer an impact score of 45.162626676057 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s rankings:
- Noteworthy Friday Option Activity: FINL, TIVO, GNC (nasdaq.com)
- GNC: Insiders vs. Shorts (thestreet.com)
- Why GNC Shares Are Up 15% Since The Company Announced Its New CEO – Seeking Alpha (seekingalpha.com)
- The GNC Liar’s Poker Games Continue (seekingalpha.com)
- Reviewing GNC Holdings (GNC) and Its Rivals (americanbankingnews.com)
GNC has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of GNC Holdings from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Tuesday, June 20th. BidaskClub upgraded shares of GNC Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Bank of America Corporation dropped their target price on shares of GNC Holdings from $6.25 to $5.50 and set an “underperform” rating on the stock in a report on Tuesday, August 22nd. Robert W. Baird restated a “hold” rating and set a $10.00 target price on shares of GNC Holdings in a report on Sunday, September 17th. Finally, ValuEngine downgraded shares of GNC Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $8.39.
Shares of GNC Holdings (GNC) traded up 2.08% during trading on Friday, hitting $8.84. 2,416,082 shares of the stock traded hands. The firm’s market cap is $605.26 million. GNC Holdings has a 52 week low of $6.51 and a 52 week high of $22.32. The company has a 50-day moving average of $9.08 and a 200-day moving average of $8.07.
GNC Holdings (NYSE:GNC) last issued its quarterly earnings results on Thursday, July 27th. The specialty retailer reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.01. GNC Holdings had a positive return on equity of 285.93% and a negative net margin of 14.56%. The firm had revenue of $640.99 million for the quarter, compared to analyst estimates of $646.48 million. During the same period in the previous year, the firm earned $0.79 earnings per share. The company’s revenue was down 4.8% compared to the same quarter last year. On average, analysts forecast that GNC Holdings will post $1.36 EPS for the current fiscal year.
In other news, CEO Kenneth Martindale sold 64,555 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $9.28, for a total transaction of $599,070.40. Following the transaction, the chief executive officer now directly owns 455,001 shares of the company’s stock, valued at $4,222,409.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.85% of the stock is currently owned by 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.
Receive News & Ratings for GNC Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GNC Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.