What Will Happen to GNC Holdings, Inc. (GNC) Next? The Stock Just Increased A Lot

February 15, 2018 - By Marguerite Chambers

Investors sentiment decreased to 0.61 in 2017 Q3. Its down 0.16, from 0.77 in 2017Q2. It dropped, as 34 investors sold GNC Holdings, Inc. shares while 43 reduced holdings. 18 funds opened positions while 29 raised stakes. 40.57 million shares or 8.68% less from 44.43 million shares in 2017Q2 were reported.
Loomis Sayles Limited Partnership invested in 66 shares. Sessa Capital Im L P reported 0.49% stake. Blue Ridge Llc accumulated 2.41M shares. Ameritas Investment Prtnrs stated it has 0% of its portfolio in GNC Holdings, Inc. (NYSE:GNC). Gotham Asset Mngmt invested in 186,752 shares. Next Fin Grp holds 0% or 100 shares. 4,515 were reported by X Mgmt Company Ltd. Northern reported 830,487 shares. 340,446 were reported by Hsbc Public Ltd Limited Liability Company. Group One Trading Ltd Partnership invested in 0.01% or 83,142 shares. Great West Life Assurance Can invested 0% of its portfolio in GNC Holdings, Inc. (NYSE:GNC). 125,843 were accumulated by Deutsche Natl Bank Ag. 24,660 were reported by Paragon Capital Mngmt Lc. Impax Asset holds 0.33% in GNC Holdings, Inc. (NYSE:GNC) or 1.22 million shares. Pnc Services Grp accumulated 80,468 shares.

Since September 14, 2017, it had 0 insider buys, and 1 sale for $599,070 activity.

The stock of GNC Holdings, Inc. (NYSE:GNC) is a huge mover today! The stock increased 5.02% or $0.21 during the last trading session, reaching $4.39. About 3.79M shares traded. GNC Holdings, Inc. (NYSE:GNC) has declined 70.69% since February 15, 2017 and is downtrending. It has underperformed by 87.39% the S&P500.
The move comes after 8 months positive chart setup for the $366.86M company. It was reported on Feb, 15 by Barchart.com. We have $4.52 PT which if reached, will make NYSE:GNC worth $11.01M more.

GNC Holdings, Inc. (NYSE:GNC) Ratings Coverage

Among 11 analysts covering GNC Holdings (NYSE:GNC), 2 have Buy rating, 4 Sell and 5 Hold. Therefore 18% are positive. GNC Holdings had 25 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, September 15 with “Hold”. As per Thursday, April 21, the company rating was initiated by Wedbush. Sterne Agee CRT downgraded the shares of GNC in report on Friday, October 23 to “Neutral” rating. The company was downgraded on Friday, April 29 by Goldman Sachs. The firm earned “Underweight” rating on Tuesday, December 13 by Barclays Capital. Barclays Capital initiated GNC Holdings, Inc. (NYSE:GNC) on Friday, September 23 with “Equal-Weight” rating. The firm earned “Neutral” rating on Wednesday, February 14 by JP Morgan. As per Friday, October 28, the company rating was downgraded by Bank of America. The rating was maintained by Barclays Capital on Monday, November 2 with “Overweight”. The stock of GNC Holdings, Inc. (NYSE:GNC) earned “Underweight” rating by Barclays Capital on Friday, July 28.

More notable recent GNC Holdings, Inc. (NYSE:GNC) news were published by: Prnewswire.com which released: “GNC Holdings, Inc. Reports Fourth Quarter and Full Year 2017 Results” on February 13, 2018, also Nasdaq.com with their article: “What’s in Store for GNC Holdings (GNC) This Earnings Season?” published on February 05, 2018, Seekingalpha.com published: “GNC +36% after strategic investment, sales report” on February 13, 2018. More interesting news about GNC Holdings, Inc. (NYSE:GNC) were released by: Nasdaq.com and their article: “GNC Holdings (GNC) Tops Q4 Earnings, Lags Revenue Estimates” published on February 14, 2018 as well as Seekingalpha.com‘s news article titled: “Are The GNC Shorts Starting To Cover?” with publication date: January 25, 2018.

GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. The company has market cap of $366.86 million. The Company’s products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink, and other general merchandise. It currently has negative earnings. The firm sells its products under the GNC proprietary brands, as well as under third-party brands.

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