This Is Why GNC Holdings, Inc. (GNC) Kept Me Up At Night?

This Is Why GNC Holdings, Inc. (GNC) Kept Me Up At Night?

This Is Why GNC Holdings, Inc. (GNC) Kept Me Up At Night?

GNC Holdings, Inc. (NYSE:GNC) stock is presently standing at about $8.96 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 10 analysts covering the company is $8.50, which suggests the stock could still rise over -5 percent. The highest analyst price target is $20.00, which implies a rally of -23 percent. And a quick view of analyst notes show that 2 are rating the stock a buy while 0 rate GNC a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.

Goldman analysts provided their view on GNC Holdings, Inc. (NYSE:GNC) recently. The rating firm issued a Sell rating to this company in a research note released on Jan 19, 2017. Barclays analysts disclosed their opinion on GNC Holdings, Inc. (NYSE:GNC) recently. The rating firm gave a Underweight rating to this stock in a research note published on Dec 13, 2016. According to a research note disclosed on Oct 28, 2016, analysts at Piper Jaffray have lowered their rating on these shares from Neutral to Underweight.

GNC Holdings, Inc. (NYSE:GNC) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director LANE AMY B Purchased 31,882 company shares for 22,830, in a transaction on Jun 08. Following the transaction, the Director is left with a stake of 3,000 shares, currently valued at $26,880. Meanwhile, EVP, Chief Merchandising Ofc Mantel Tim purchased 56,775 shares worth $108,209, through a transaction dated May 24. Following the completion of the transaction, the insider is left with a stake of 15,000 shares, amounting $134,400. GNC Director FELDMAN ALAN D also purchased 47,337 shares, at a stock price of $6.87. This transaction occurred on May 16 totals $249,970. After this transaction, the insider’s stake stands at 36,400 shares, with a market value of $326,144.

Executives hold 2.61 percent of the stock. FMR LLC is one of the biggest insider owners in GNC Holdings, Inc. (NYSE:GNC), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 9,033,857 shares which have current market value of around $80,943,359.VANGUARD GROUP INC is another major inside shareholder in the company. The insider owns 5,496,456 shares as of 03/31/2017, currently worth $49,248,246. BLACKROCK INC. is ranked as third insider holder of the stock. This insider holds 4,276,310 shares with a market value around $38,315,738 as of recent close.

GNC Holdings, Inc. (NYSE:GNC) Earnings Outlook

In GNC Holdings, Inc. (NYSE:GNC)’s latest quarter, EPS moved to $0.37 from $0.07 in preceding quarter and revenues reached at $644.84M compared to $569.93M. Analysts had expected GNC Holdings, Inc. (NYSE:GNC) to post net income of about $0.34 per share on $627.41M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in the range of $0.24 to $0.45. That is compared with the $0.79 in EPS it reported during the same period a year ago.

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