NutriSystem Inc (NASDAQ:NTRI) Given Price Target Of $35.3


As per NutriSystem Inc (NASDAQ:NTRI)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.175 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-08 and 2016-08-18, respectively.

The stock will commence trading ex-dividend from 2016-08-04, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year NutriSystem Inc (NASDAQ:NTRI) disbursed $0.175 in dividend compared to distribution of $0.175, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated NutriSystem Inc (NASDAQ:NTRI) to attain a price target of $35.3. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $41. The low price range is set at $31 for next year while the arithmetic mean is seen at 1.

Eyeing Earnings NutriSystem Inc (NASDAQ:NTRI) is likely to post quarterly numbers around 2016-10-26 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.31 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, NutriSystem Inc (NASDAQ:NTRI) earnings came at $0.54 suggesting a deviation of $0.03. The brokerages targeted EPS of $0.51 for the quarter.

Shares of the NutriSystem Inc (NASDAQ:NTRI) traded in the range of $29.54 to $30.02 and closed the last trading session at $30.01 on a volume of ((Volume:238}}.

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