December 1, 2016 - By Winifred Garcia · 0 Comments
GNC Holdings Inc (NYSE:GNC) institutional sentiment increased to 0.93 in 2016 Q2. Its up 0.03, from 0.9 in 2016Q1. The ratio increased, as 103 funds increased and started new equity positions, while 114 decreased and sold their equity positions in GNC Holdings Inc. The funds in our partner’s database now own: 64.83 million shares, down from 68.93 million shares in 2016Q1. Also, the number of funds holding GNC Holdings Inc in their top 10 equity positions decreased from 5 to 3 for a decrease of 2. Sold All: 47 Reduced: 67 Increased: 70 New Position: 33.
GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products , sports nutrition products and diet products. The company has a market cap of $932.98 million. The Firm operates in three divisions: Retail, Franchising and Manufacturing/Wholesale. It has a 5.15 P/E ratio. The Retail segment includes sales of products to clients at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com.
About 298,956 shares traded hands. GNC Holdings Inc (NYSE:GNC) has declined 42.93% since April 28, 2016 and is downtrending. It has underperformed by 48.86% the S&P500.
Analysts await GNC Holdings Inc (NYSE:GNC) to report earnings on February, 9. They expect $0.41 EPS, down 34.92% or $0.22 from last year’s $0.63 per share. GNC’s profit will be $28.04M for 8.32 P/E if the $0.41 EPS becomes a reality. After $0.59 actual EPS reported by GNC Holdings Inc for the previous quarter, Wall Street now forecasts -30.51% negative EPS growth.
According to Zacks Investment Research, “GNC Holdings, Inc. operates as a specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. The Company offers its products under the brands- Mega Men, Ultra Mega, GNC WELLbeING, Pro Performance, Pro Performance AMP and Longevity Factors and etc. It also offers products and product information online. GNC Holdings, Inc. is based in Pittsburgh, Pennsylvania.”
Tpg holds 10.72% of its portfolio in GNC Holdings Inc for 3.06 million shares. Healthinvest Partners Ab owns 681,955 shares or 7.6% of their US portfolio. Moreover, Clovis Capital Management Lp has 3.92% invested in the company for 348,291 shares. The New York-based Breithorn Capital Management has invested 3.42% in the stock. Clearline Capital Lp, a New York-based fund reported 603,931 shares.#img1#
Ratings analysis reveals 20% of GNC Holdings’s analysts are positive. Out of 10 Wall Street analysts rating GNC Holdings, 2 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $16 while the high is $54. The stock’s average target of $29.88 is 119.06% above today’s ($13.64) share price. GNC was included in 18 notes of analysts from August 3, 2015. The company was downgraded on Friday, October 28 by Bank of America. Deutsche Bank maintained it with “Hold” rating and $16 target price in Friday, October 28 report. As per Tuesday, May 10, the company rating was initiated by Piper Jaffray. As per Friday, April 29, the company rating was downgraded by Goldman Sachs. Goldman Sachs maintained GNC Holdings Inc (NYSE:GNC) rating on Wednesday, April 6. Goldman Sachs has “Buy” rating and $40 price target. Barclays Capital maintained GNC Holdings Inc (NYSE:GNC) rating on Monday, November 2. Barclays Capital has “Overweight” rating and $37 price target. The firm earned “Neutral” rating on Monday, November 2 by JP Morgan. The stock of GNC Holdings Inc (NYSE:GNC) has “Underweight” rating given on Friday, October 28 by Piper Jaffray. Wedbush initiated it with “Outperform” rating and $40 target price in Thursday, April 21 report. The rating was initiated by Barclays Capital with “Equal-Weight” on Friday, September 23.
GNC Holdings, Inc., incorporated on February 5, 2007, is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products. The Company’s activities consist of purchasing raw materials, formulating and manufacturing products and selling the finished products. The Firm operates in three divisions: Retail, Franchising and Manufacturing/Wholesale. The Company’s brands include Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD and Herbal Plus. The Firm operates its primary manufacturing facilities in South Carolina and distribution centers in Arizona, Indiana, Pennsylvania and South Carolina. The Firm makes its branded products and also merchandises various third-party products.
Another recent and important GNC Holdings Inc (NYSE:GNC) news was published by Seekingalpha.com which published an article titled: “GNC Holdings: Intriguing And Terrifying” on November 23, 2016.
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By Winifred Garcia