GNC Holdings Inc (NYSE:GNC) Draws Proposed Offering Of "Notes"

Vitamin store

But GNC said it has decided against it because the terms on offer were not in its best interests

Shares of GNC Holdings Inc (NYSE:GNC) has a market capitalization of $404.52 Million and its number of outstanding shares are 75.05 Million. On Friday, April 29 the stock rating was maintained by Wedbush with "Outperform". It turned negative, as 39 investors sold GNC shares while 42 reduced holdings. Robert W. Baird maintained GNC Holdings, Inc. The rating was downgraded by Janney Capital to "Neutral" on Tuesday, April 12. (NYSE:GNC) for 47,260 shares. Susquehanna Interest Grp Inc Llp reported 371,764 shares. The firm purchased 2,000,000 shares of the specialty retailer's stock, valued at approximately $14,720,000. New York-based Alliancebernstein Limited Partnership has invested 0% in GNC Holdings, Inc. GNC's profit will be $14.49M for 6.42 P/E if the $0.21 EPS becomes a reality. Finally, Barclays dropped their price target on GNC from $9.00 to $6.00 and set an underweight rating on the stock in a research note on Friday, October 27th.

GNC Holdings, Inc is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The company has an average rating of Hold and a consensus target price of $7.95. Its down 0.17, from 1.09 in 2017Q1. (NYSE:GNC) was bought by LANE AMY B on Thursday, June 8. Pomelo Ltd Llc reported 284,827 shares stake. 803.96 million shares or 0.96% less from 811.73 million shares in 2017Q1 were reported. Deutsche Bank maintained the shares of GNC in report on Friday, October 28 with "Hold" rating.

In a release, GNC noted that it maintains a strong liquidity position, including $40.1 million in cash and cash equivalents and $246.1 million available in revolving credit. GNC Holdings Inc has a one year low of $6.51 and a one year high of $28.11. ValuEngine upgraded GNC from a "buy" rating to a "strong-buy" rating in a research note on Friday. The specialty retailer reported $0.32 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.33 by ($0.01). Swiss Bancorp holds 111,800 shares or 0% of its portfolio. Comerica Bank now owns 22,443 shares of the specialty retailer's stock worth $201,000 after acquiring an additional 1,419 shares during the period. Finally, Robert W. Baird reiterated a "neutral" rating and issued a $12.00 price objective on shares of GNC Holdings in a research report on Tuesday, February 14th. It improved, as 55 investors sold UNP shares while 498 reduced holdings. Ftb accumulated 64,181 shares. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Having a look in a broader way analysts from brokerage firms on the street with an extensive view have high price target of GNC Holdings Inc (NYSE:GNC) at $20 and with a conformist view have low price target of $4.5 while the stock's latest closing price was $5.39.

Investors sentiment decreased to 1.13 in 2017 Q2.

Sg Americas Limited Liability Co holds 0.01% or 90,280 shares in its portfolio. 43 funds opened positions while 127 raised stakes. 833,051 are owned by Guggenheim Capital Limited Liability Corp. GNC Holdings Inc (NYSE:GNC)'s ATR-14 is at 0.49, while its weekly volatility is at 8.31% and monthly volatility is at 8.05%. Canada Pension Plan Invest Board owns 151,600 shares. Oakbrook Investments Ltd Llc invested 0.03% in CVS Health Corporation (NYSE:CVS). (NYSE:GNC) for 67,764 shares. Gabelli Funds Ltd Com accumulated 183,500 shares. 454,391 are held by Schwab Charles Inv Management. Moreover, Magnetar Financial Lc has 0.03% invested in Ares Capital Corporation (NASDAQ:ARCC) for 89,961 shares. Foyston Gordon & Payne stated it has 125,490 shares. Panagora Asset holds 0% or 5,885 shares. Bnp Paribas Arbitrage invested in 0% or 27,896 shares.

Since June 8, 2017, it had 1 insider buy, and 0 insider sales for $22,830 activity. It also upped Eversource Energy stake by 358,684 shares and now owns 1.30M shares.

GNC Holdings Inc (NYSE:GNC)'s revenue estimates for the current quarter are $560.63 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $580.83 Million in contradiction of low revenue estimates of $544.9 Million. The company was maintained on Wednesday, April 6 by Goldman Sachs.

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock.

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