Exclusive: Will GNC Holdings Inc Go Down Anytime Soon?

Exclusive: Will GNC Holdings Inc Go Down Anytime Soon?

The stock of GNC Holdings Inc (NYSE:GNC) is a huge mover today! About 2.52 million shares traded hands or 83.94% up from the average. GNC Holdings Inc (NYSE:GNC) has declined 33.72% since March 16, 2016 and is downtrending. It has underperformed by 39.26% the S&P500.
The move comes after 9 months positive chart setup for the $1.46B company. It was reported on Oct, 19 by Barchart.com. We have $36.15 PT which if reached, will make NYSE:GNC worth $963.60M more.

Analysts await GNC Holdings Inc (NYSE:GNC) to report earnings on November, 3. They expect $0.72 EPS, down 4.00% or $0.03 from last year’s $0.75 per share. GNC’s profit will be $48.26M for 7.56 P/E if the $0.72 EPS becomes a reality. After $0.79 actual EPS reported by GNC Holdings Inc for the previous quarter, Wall Street now forecasts -8.86% negative EPS growth.

GNC Holdings Inc (NYSE:GNC) Ratings Coverage

Out of 9 analysts covering GNC Holdings (NYSE:GNC), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. GNC Holdings has been the topic of 15 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Monday, November 2 by Barclays Capital. The firm has “Buy” rating by Goldman Sachs given on Wednesday, April 6. The company was upgraded on Friday, October 30 by Stephens. The stock of GNC Holdings Inc (NYSE:GNC) earned “Neutral” rating by JP Morgan on Monday, November 2. The rating was downgraded by Goldman Sachs to “Neutral” on Friday, April 29. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, September 23. The company was initiated on Tuesday, May 10 by Piper Jaffray. As per Friday, October 23, the company rating was downgraded by Sterne Agee CRT. The stock of GNC Holdings Inc (NYSE:GNC) earned “Outperform” rating by Wedbush on Thursday, April 21. The rating was maintained by Wedbush with “Outperform” on Friday, April 29.

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.”

Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.15, from 1.05 in 2016Q1. The ratio dived, as 47 funds sold all GNC Holdings Inc shares owned while 67 reduced positions. 33 funds bought stakes while 70 increased positions. They now own 64.83 million shares or 5.96% less from 68.93 million shares in 2016Q1.
Panagora Asset Mngmt Inc last reported 409,056 shares in the company. Kbc Grp Inc Nv last reported 42,915 shares in the company. Commonwealth Equity Services Inc holds 20,100 shares or 0% of its portfolio. Teacher Retirement System Of Texas last reported 0% of its portfolio in the stock. Camarda Advsr Ltd Llc has invested 0.66% of its portfolio in GNC Holdings Inc (NYSE:GNC). Springbok Capital Mgmt Limited Liability Company last reported 2,101 shares in the company. Ig Invest Ltd holds 0% or 623 shares in its portfolio. Jane Street Group Inc Limited Liability Com holds 43,123 shares or 0.01% of its portfolio. California State Teachers Retirement Sys has 143,954 shares for 0.01% of their US portfolio. Swiss National Bank & Trust has 0.01% invested in the company for 128,400 shares. Quinn Opportunity Partners Lc has invested 1.6% of its portfolio in GNC Holdings Inc (NYSE:GNC). Jacobs Levy Equity Management holds 0.04% of its portfolio in GNC Holdings Inc (NYSE:GNC) for 87,883 shares. Moreover, Oregon Pub Employees Retirement Fund has 0.01% invested in GNC Holdings Inc (NYSE:GNC) for 9,788 shares. Convergence Limited Liability Co owns 114,460 shares or 0.38% of their US portfolio. Hbk Investments Lp holds 0.01% of its portfolio in GNC Holdings Inc (NYSE:GNC) for 64,400 shares.

More news for GNC Holdings Inc (NYSE:GNC) were recently published by: Wsj.com, which released: “Chinese Firms Look at Fortifying Nutrition Holdings With GNC” on October 19, 2016. Prnewswire.com‘s article titled: “GNC Holdings, Inc. Third Quarter 2016 Earnings Release, Webcast and Conference …” and published on October 11, 2016 is yet another important article.

GNC Company Profile

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Leave a Comment