March 19, 2018

GNC Holdings Inc (GNC) Rating Reiterated by Goldman Sachs Group Inc

21 April 2017, 02:11 | Melvin Schneider

Brokerages predict that GNC Holdings Inc (NYSE:GNC) will report earnings per share of $0.33 for the current fiscal quarter, Zacks reports. The stock of LPL Financial Holdings Inc (NASDAQ:LPLA) has "Neutral" rating given on Monday, April 4 by Nomura. Millennium Management Limited invested 0.01% in GNC Holdings Inc (NYSE:GNC).

Now insiders hold 1,853,023 shares in the business which makes up 2.71% of shares. Sei Investments Co. raised its position in GNC Holdings by 2,718.3% in the third quarter.

The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing. Victory Capital Management Inc. raised its stake in shares of GNC Holdings by 34.0% in the third quarter. The stock was purchased at an average price of $8.18 per share, with a total value of $1,022,500.00. SPQ Asia Capital Ltd bought a new position in GNC Holdings during the third quarter worth $3,968,000.

The biggest institutional shareholders in GNC Holdings, Inc. include Fidelity Management and Research Company which owns 10 million shares in the company valued at $108.97 million. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Want to see what other hedge funds are holding GNC?

GNC Holdings Inc (NYSE:GNC) announced its earnings results on Tuesday. Piper Jaffray Companies lowered their price objective on shares of GNC Holdings from $11.00 to $7.00 and set an "underweight" rating for the company in a research note on Friday, December 23rd.

New York City firefighter falls several stories, dies
Fellow firefighters at the scene were overcome with grief. "A man dedicated to protecting others gave his life for this city". Officials say the unidentified firefighter was pronounced dead at Wyckoff Heights Medical Center.

Nine months of sex harassment scandals take down two Fox News icons
It's a measure of how competitive MSNBC has become in prime time that Guilfoyle used Maddow's name on Fox News's air. With its biggest star departing in another blowup over sexual harassment, Fox News faces some big challenges.

Canadiens coach Julien defends Pacioretty, mild reaction to Nash hit on Price
Pacioretty needs to remember that now more than ever, because the noise surrounding him is becoming nearly impossible to ignore. And suffice it to say, the victor will big-time be in the driver's seat entering Game 6 at Madison Square Garden on Saturday.

GNC Holdings Inc. (GNC)'s distance from 200 day simple moving average is -39.21 percent, its distance from 50 day simple moving average is 18.17 percent, while its distance from 20 day simple moving average is 26.68 percent.

GNC Holdings Inc. (GNC) has a 52-week high of $4.76 and a 52-week low of $6.51. In the first quarter, the company used cash of $46.1 million in operating activities, compared with $142.3 million a year ago. Stock traders acquired 1,977 call options on the stock.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.38 per share according to consensus of 8 analysts. The Return on Equity (ROE) value stands at -130.3%. Quarterly revenue easily topped consensus analyst expectations of $627.4 million.

TRADEMARK VIOLATION NOTICE: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. The company reported a stellar four-quarter positive average earnings surprise of over 49.08%.

According to sentiments of 10 analysts the mean estimates of short term price target for the company's stock is marked at $8.78. Canada Pension Plan Investment Board reported 0.03% of its portfolio in GNC Holdings Inc (NYSE:GNC). Zacks Investment Research lowered shares of GNC Holdings from a "hold" rating to a "strong sell" rating in a report on Wednesday, February 22nd. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The stock's average target of $30.65 is -19.45% below today's ($38.05) share price. (GNC)'s stock to Sell with no specific Price Target. The stock is showing its Operating Margin of -7.6 percent.

The number of shares now held by investors is 68.56 Million. On Tuesday, February 21 the insider MORAN ROBERT F bought $5.00M. Following the completion of the purchase, the chief executive officer now directly owns 119,095 shares in the company, valued at approximately $1,005,161.80.

Other News

Trending Now

Katherine Heigl Had a Really Tough Time Naming Her Son Joshua
Heigl plays the ex-wife, Tessa Connover, while Dawson portrays her ex-husband's new love, Julia Banks. "It was wonderful. I hope that with this character, it's in a place you can relate to that confusion and pain of not having who he loves.

House OKs Major School Finance Fix; Senate's Plans Uncertain
But opponents were scrambling again ahead of a House State Affairs committee meeting Wednesday that has revived the effort. The biological sex on Libby's birth certificate says "boy' but that does not match the 7-year-old's gender identify".

Mike Pence: Working With Allies to Put Pressure on North Korea
The concerns were exacerbated after a North Korean missile exploded during launch on Sunday, U.S. and South Korean officials said. A US official said Pyongyang's projectile "blew up nearly immediately" during an attempted launch off North Korea's east coast.

Broker Changes For Cedar Realty Trust, Inc. (NYSE:CDR)
Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Healthcare Realty Trust by 8.1% in the third quarter. The Company's subsidiaries provide skilled nursing, assisted living, home health and hospice, and other ancillary services.