GNC Holdings, Inc. (NYSE:GNC) has a beta value of 2.23 and has seen 22,540,727 shares traded in the last trading session. The company, currently valued at $52.19 Million, closed the last trade at $0.62 per share which meant it lost $0 on the day or -7.07% during that session. The GNC stock price is -451.61% off its 52-week high price of $3.42 and 38.71% above the 52-week low of $0.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 15.8 Million shares traded. The 3-month trading volume is 7.26 Million shares.
The consensus among analysts is that GNC Holdings, Inc. (GNC) is a Sell stock at the moment, with a recommendation rating of 5. 1 analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.15.
GNC Holdings, Inc. (NYSE:GNC) trade information
Despite being -7.07% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Jun 25 when the GNC stock price touched $1.05 or saw a rise of 41.25%. Year-to-date, GNC Holdings, Inc. shares have moved -77.15%, while the 5-day performance has seen it change -30.41%. Over the past 30 days, the shares of GNC Holdings, Inc. (NYSE:GNC) have changed -12.2%. Short interest in the company has seen 23.86 Million shares shorted with days to cover at 3.29.
Wall Street analysts have a consensus price target for the stock at $0.35, which means that the shares’ value could jump -43.55% from current levels. The projected low price target is $0.35 while the price target rests at a high of $0.35. In that case, then, we find that the current price level is -43.55% off the targeted high while a plunge would see the stock lose -43.55% from current levels.
GNC Holdings, Inc. (GNC) estimates and forecasts
Figures show that GNC Holdings, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -76.72% over the past 6 months, with this year growth rate of -1204%, compared to -2.4% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -215.4% and -350% for the next quarter. Revenue growth from the last financial year stood is estimated to be -40.2%.
1 analysts offering their estimates for the company have set an average revenue estimate of $138.6 Million for the current quarter. 1 have an estimated revenue figure of $275.8 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $534Million and $499.08 Million respectively for this quarter and the next, and analysts expect sales will grow by -74% for the current quarter and -44.7% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -17.4% over the past 5 years. Earnings growth for 2020 is a modest -185.1% while over the next 5 years, the company’s earnings are expected to increase by 0%.
GNC Holdings, Inc. (NYSE:GNC)’s Major holders
Insiders own 10.8% of the company shares, while shares held by institutions stand at 54.34% with a share float percentage of 60.92%. Investors are also buoyed by the number of investors in a company, with GNC Holdings, Inc. having a total of 131 institutions that hold shares in the company. The top two institutional holders are Charles Schwab Investment Management, Inc. with over 6.39 Million shares worth more than $2.99 Million. As of March 30, 2020, Charles Schwab Investment Management, Inc. held 7.55% of shares outstanding.
The other major institutional holder is FMR, LLC, with the holding of over 6.25 Million shares as of March 30, 2020. The firm’s total holdings are worth over $2.93 Million and represent 7.39% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Intrinsic Opportunities Fund and Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF. As of January 30, 2020, the former fund manager holds about 7.02% shares in the company for having 5939600 shares of worth $12.71 Million while later fund manager owns 3.58 Million shares of worth $6.01 Million as of February 28, 2020, which makes it owner of about 4.23% of company’s outstanding stock.