Nutri System Inc (NASDAQ:NTRI) Shifting Institutional Investors Sentiment

May 18, 2018 - By Cecil Scoggins

Nutrisystem, Inc. (NASDAQ:NTRI) Logo

Sentiment for Nutri System Inc (NASDAQ:NTRI)

Nutri System Inc (NASDAQ:NTRI) institutional sentiment decreased to 0.83 in 2017 Q4. Its down -0.45, from 1.28 in 2017Q3. The ratio is negative, as 99 investment professionals increased or started new holdings, while 119 sold and decreased their holdings in Nutri System Inc. The investment professionals in our partner’s database now hold: 31.27 million shares, down from 31.75 million shares in 2017Q3. Also, the number of investment professionals holding Nutri System Inc in their top 10 holdings decreased from 3 to 1 for a decrease of 2. Sold All: 40 Reduced: 79 Increased: 73 New Position: 26.

Nutrisystem, Inc., together with its subsidiaries, provides weight management services and products for women and men in the United States. The company has market cap of $985.88 million. The firm offers Nutrisystem program that consists of approximately 150 portion-controlled items, which serve as the foundation of a low glycemic index diet. It has a 17.58 P/E ratio. The Company’s programs comprise Nutrisystem D, a program designed for people with type 2 diabetes or at risk for type 2 diabetes who want to lose weight and manage their diabetes; Turbo10 program, a program that deliver up to a 10-pound weight loss and a reduction of 5 inches overall in the first month of dieting; The Lean13, a program designed to deliver weight loss of up to 13 pounds and 7 inches in the first month; South Beach Diet, a structured meal delivery weight-loss program; and 5-day kit, a kit for individuals with or at risk of type 2 diabetes, as well as SmartCarb and PowerFuel products, including blueberry muffins, cinnamon buns, vanilla shakes, chocolate shakes, and chocolate chip cookie packs.

The stock increased 0.60% or $0.2 during the last trading session, reaching $33.4. About 714,826 shares traded. Nutrisystem, Inc. (NASDAQ:NTRI) has declined 50.23% since May 18, 2017 and is downtrending. It has underperformed by 61.78% the S&P500.

Analysts await Nutrisystem, Inc. (NASDAQ:NTRI) to report earnings on July, 25. They expect $0.82 EPS, up 2.50 % or $0.02 from last year’s $0.8 per share. NTRI’s profit will be $24.20M for 10.18 P/E if the $0.82 EPS becomes a reality. After $0.09 actual EPS reported by Nutrisystem, Inc. for the previous quarter, Wall Street now forecasts 811.11 % EPS growth.

New Amsterdam Partners Llc Ny holds 2.13% of its portfolio in Nutrisystem, Inc. for 202,204 shares. 1492 Capital Management Llc owns 48,587 shares or 1.99% of their US portfolio. Moreover, Orca Investment Management Llc has 1.94% invested in the company for 42,284 shares. The United Kingdom-based Odey Asset Management Group Ltd has invested 1.88% in the stock. Scholtz & Company Llc, a Connecticut-based fund reported 45,370 shares.

Since January 1, 0001, it had 0 insider purchases, and 6 selling transactions for $4.63 million activity.

Nutrisystem, Inc. (NASDAQ:NTRI) Ratings Coverage

Ratings analysis reveals 71% of Nutrisystem Inc’s analysts are positive. Out of 7 Wall Street analysts rating Nutrisystem Inc, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $39 while the high is $80.0. The stock’s average target of $52.60 is 57.49% above today’s ($33.4) share price. NTRI was included in 9 notes of analysts from February 6, 2018. Lake Street maintained the stock with “Buy” rating in Tuesday, February 27 report. The stock has “Hold” rating by Argus Research on Tuesday, March 20. Craig Hallum maintained Nutrisystem, Inc. (NASDAQ:NTRI) rating on Tuesday, February 27. Craig Hallum has “Buy” rating and $50.0 target. Citigroup maintained it with “Buy” rating and $39 target in Monday, March 5 report. As per Tuesday, February 27, the company rating was maintained by B. Riley & Co. The stock has “Buy” rating by Craig Hallum on Tuesday, February 6. Lake Street maintained the shares of NTRI in report on Tuesday, May 1 with “Buy” rating. The firm has “Market Perform” rating given on Tuesday, February 27 by Barrington Research.

More notable recent Nutrisystem, Inc. (NASDAQ:NTRI) news were published by: Streetinsider.com which released: “Pre-Open Movers 05/01: (INGN) (KPTI) (NTRI) Higher; (IVAC) (CGNX) (KLXI) Lower (more…)” on May 01, 2018, also Nasdaq.com with their article: “Detailed Research: Economic Perspectives on Medtronic, NVIDIA, NutriSystem, AmTrust Financial Services, Kratos …” published on May 16, 2018, Investorplace.com published: “3 Cheap Stocks on the Rise” on May 07, 2018. More interesting news about Nutrisystem, Inc. (NASDAQ:NTRI) were released by: Businesswire.com and their article: “Annual Craig-Hallum Institutional Investor Conference” published on May 17, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Open Lower; Pfizer Posts Mixed Q1 Results” with publication date: May 01, 2018.

Nutrisystem, Inc. (NASDAQ:NTRI) Institutional Positions Chart

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