Brokerages expect NutriSystem Inc. (NASDAQ:NTRI) to announce $0.53 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for NutriSystem’s earnings. The lowest EPS estimate is $0.52 and the highest is $0.55. NutriSystem reported earnings per share of $0.49 in the same quarter last year, which suggests a positive year-over-year growth rate of 8.2%. The business is scheduled to announce its next quarterly earnings results on Wednesday, October 24th.

On average, analysts expect that NutriSystem will report full-year earnings of $2.09 per share for the current fiscal year, with EPS estimates ranging from $2.06 to $2.11. For the next year, analysts anticipate that the company will report earnings of $2.46 per share, with EPS estimates ranging from $2.41 to $2.52. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for NutriSystem.

NutriSystem (NASDAQ:NTRI) last posted its earnings results on Monday, July 30th. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $191.30 million during the quarter, compared to analyst estimates of $189.07 million. NutriSystem had a return on equity of 43.29% and a net margin of 7.94%. NutriSystem’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 earnings per share.

Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of NutriSystem from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Thursday, June 21st. ValuEngine upgraded shares of NutriSystem from a “strong sell” rating to a “sell” rating in a research note on Friday. B. Riley boosted their price target on shares of NutriSystem from $52.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, July 31st. DA Davidson downgraded shares of NutriSystem from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $40.00 to $28.00 in a research note on Monday. Finally, Barrington Research restated a “hold” rating on shares of NutriSystem in a research note on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. NutriSystem currently has an average rating of “Hold” and an average price target of $44.50.

Institutional investors have recently added to or reduced their stakes in the company. Swiss National Bank lifted its position in NutriSystem by 4.8% in the first quarter. Swiss National Bank now owns 52,400 shares of the company’s stock valued at $1,412,000 after acquiring an additional 2,400 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in NutriSystem by 4.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 148,979 shares of the company’s stock valued at $4,015,000 after acquiring an additional 6,204 shares during the last quarter. Northern Trust Corp lifted its position in NutriSystem by 6.3% in the first quarter. Northern Trust Corp now owns 442,152 shares of the company’s stock valued at $11,916,000 after acquiring an additional 26,341 shares during the last quarter. BlackRock Inc. lifted its position in NutriSystem by 6.6% in the first quarter. BlackRock Inc. now owns 4,071,783 shares of the company’s stock valued at $109,734,000 after acquiring an additional 252,143 shares during the last quarter. Finally, Citigroup Inc. lifted its position in NutriSystem by 1,158.4% in the first quarter. Citigroup Inc. now owns 13,930 shares of the company’s stock valued at $375,000 after acquiring an additional 12,823 shares during the last quarter.

NutriSystem stock traded up $0.50 during mid-day trading on Thursday, reaching $33.60. 32,417 shares of the company were exchanged, compared to its average volume of 840,554. The firm has a market cap of $1.09 billion, a P/E ratio of 16.99, a P/E/G ratio of 1.78 and a beta of 1.27. NutriSystem has a 12-month low of $26.06 and a 12-month high of $60.00.

About NutriSystem

Nutrisystem, Inc, together with its subsidiaries, provides weight management products and services for women and men in the United States. The company offers weight loss programs that consist primarily of a pre-packaged food program, digital tools, and counseling. It also provides Nutrisystem Lean13 program, which provides weight loss, and support and counseling services; the South Beach Diet, a weight-loss program; and Nutrisystem 5-day kit, a ?D' kit that offers individuals with or at risk of type 2 diabetes.

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