Barrington Sticks to Its Hold Rating for Nutrisystem Inc (NTRI)


In a report released today, Christopher Howe from Barrington maintained a Hold rating on Nutrisystem Inc (NTRI). The company’s shares opened today at $45.06.

According to TipRanks.com, Howe ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -23.9% and a 0.0% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as ASV Holdings Inc, Kadant Inc, and Woodward.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutrisystem Inc with a $44 average price target.

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Based on Nutrisystem Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $15.87 million. In comparison, last year the company had a net profit of $14.91 million.

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Nutrisystem, Inc. engages in the provision of weight management products and services. It offers weight loss programs sold primarily online and over the telephone and multi-day kits and single items available at select retail locations. It also provides pre-packaged food program, digital tools, and counseling.

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