|Bid||0.0000 x 3200|
|Ask||3.3600 x 4000|
|Day's Range||3.2550 - 3.4200|
|52 Week Range||1.3200 - 3.5000|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||6.57|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
While it may not be enough for some shareholders, we think it is good to see the GNC Holdings, Inc. (NYSE:GNC) share...
Pittsburgh-based international health and fitness retailer with about 8,000 stores now part of online giant's package pickup program.
GNC (GNC) delivered earnings and revenue surprises of 0.00% and -1.76%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Amazon.com Inc. said Wednesday that it has expanded its Counter third-party package pickup service to thousands of new stores. Counter was launched in June at more than 100 Rite Aid Corp. stores. Now it has been added to GNC , Health Mart and Stage Stores . Counter allows customers using same-day, next-day, two-day and standard shipping to go to a brick-and-mortar retailer to retrieve an order. Amazon stock is up 17.3% for the year to date while the S&P 500 index is up nearly 20%.
E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is expanding its in-store pickup service Counter, announcing on October 23 that it is partnering with GNC Holdings Inc (NYSE: GNC), Health Mart and Stage Stores Inc (NYSE: SSI). This move will allow consumers access to thousands more Counter locations and comes just months after the online retailer announced its in-store pickup service in 100 Rite Aid Corporation (NYSE: RAD) locations in the U.S.
(Bloomberg) -- GNC Holdings Inc.’s Chinese investor, Harbin Pharmaceutical Group Co., is considering a potential bid to take the U.S. vitamin and supplement retailer private, people with knowledge of the matter said.The Chinese company has been speaking with potential advisers about an offer for GNC, the people said, asking not to be identified because the information is private. GNC has lost more than half its value over the last year, giving it a market capitalization of $176 million at Monday’s close. The company had nearly $900 million of debt at the end of June, according to a recent investor presentation.Shares of GNC rose 11% to $2.31 at 11.30 a.m. in U.S. trading. The stock rose as much as 17% earlier while the benchmark S&P 500 Index was little changed.Harbin Pharmaceutical is already an existing investor in GNC, agreeing last year to buy $300 million of convertible preferred shares that would make it the U.S. firm’s biggest shareholder if they’re all exercised. The two companies also recently started a Chinese e-commerce joint venture.Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking. GNC has been in talks with creditors about ways to rework its debt load, Bloomberg News reported last month.Regulatory RisksHarbin Pharmaceutical, known for its Hayao medicine brand, is in the early stages of weighing an offer and hasn’t made a final decision on whether to proceed, the people said. It is studying risks including the potential for regulatory scrutiny and the possibility that GNC’s business will further deteriorate, as well as the debt load it would need to take on, according to the people.GNC has been considering a range of refinancing options and aims to complete the process by year-end, according to one person. Representatives for Harbin Pharmaceutical didn’t immediately respond to requests for comment, while a representative for GNC declined to comment.Shares of Harbin Pharmaceutical have climbed 7% in the past 12 months, giving it a market value of about 9.6 billion yuan ($1.3 billion).GNC, founded in the 1930s, sells health and nutrition products in more than 4,800 stores across the U.S., as well as through franchise operations in 46 international markets, according to its website. The retailer plans to close as many as 900 stores by end of next year in the U.S., Chief Executive Officer Ken Martindale said on a July 22 investors call.The U.S. firm had held discussions with several Chinese suitors about a sale of the entire company in 2016, though the talks stalled in 2016 after they failed to agree on a deal structure, people familiar with the matter said at the time.(Updates with share price in third paragraph.)\--With assistance from Jinshan Hong, Drew Armstrong and Katherine Doherty.To contact the reporters on this story: Vinicy Chan in New York at email@example.com;Cathy Chan in Hong Kong at firstname.lastname@example.org;Ed Hammond in New York at email@example.comTo contact the editors responsible for this story: Fion Li at firstname.lastname@example.org, ;Liana Baker at email@example.com, ;Jun Luo at firstname.lastname@example.org, Ben Scent, Aaron KirchfeldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Harbin Pharmaceutical Group is considering a bid to buy U.S. vitamin retailer GNC Holdings , Bloomberg News reported, citing people with knowledge of the matter. Harbin is an investor in GNC, which has lost more than half its value over the last year.
GNC (GNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
GNC Holdings' (GNC) recent joint venture with vitamins and nutritional supplement manufacturer International Vitamin Corporation shows high prospects at present.
We consider this corporate deal in Brazil to be a strategic fit for GNC Holdings (GNC), which currently pulls out all the stops to fortify its global footprint.
U.S. equities look set for a solid open on Wednesday as traders await the release of the latest Federal Reserve meeting minutes. While the economic data remains uneven, President Trump's White House continues to float tax cut ideas as a remedy -- teasing both a capital gains and payroll tax cut. This comes amid worries that a recession could arrive just in time for the 2020 presidential election. Trump took to Twitter this morning to attack the Federal Reserve, yet again, for not cutting rates aggressively enough. The overall message is loud and clear: Both monetary and fiscal stimulus is likely to ramp up.And thus, stocks are starting to perk up. While valuations are still somewhat extended on a historic basis, there are still values to be had. So at times like this, I like to look to lower-priced penny stocks -- or stocks under $10. There are quite a few stocks under $10, so I look to the charts to find ones that look ready for a breakout. * The 10 Best Marijuana Stocks to Buy Now Here are 11 stocks priced under $10 that look ready for a run higher:InvestorPlace - Stock Market News, Stock Advice & Trading Tips GNC (GNC)Shares of supplements and vitamins retailer GNC (NYSE:GNC) are bouncing off of their 50-day moving average in what looks like an emerging rally to its 200-day moving average. Shares have been under massive pressure since peaking in late 2015, losing more than 98% of their value. With expectations so low, the recent announcement of a deal to buy Vitamin Shoppe (NYSE:VSI) for $208 million could result in a relief rally for this penny stock.GNC will next report results on November 8 before the bell. Analysts are looking for earnings of seven cents per share on revenues of $510.1 million. When the company last reported on July 22, earnings of 13 cents beat estimates by a penny on a 13.6% decline in revenues. Smart Sand (SND)Smart Sand (NASDAQ:SND) provides fracking sand and supplies to the energy industry, holding roughly 321 million tons of proven recoverable sand reserves. SNDis somewhat insulated from energy price movements since it's a play on oil and natural gas volumes. And because oil companies must keep pumping out of existing wells when prices fall (to pay fixed costs) profitability has remained intact with a 33% gross margin. * 10 Undervalued Stocks With Breakout Potential Shares look ready for an extension up and out of a three-month consolidation range with a move above its 50-day moving average after the lows set back in December were tested. The company will next report results on November 7 before the bell. Analysts are looking for earnings of 35 cents per share on revenues of $63.1 million. Safe Bulkers (SB)Safe Bulkers (NYSE:SB) provides marine drybulk transportation services out of Greece, helping ship things like coal, grain and iron ore with a fleet of 41 vessels. The company is tied to global trade, which admittedly has been an area of worry amid the standoff between the United States and China. But with Trump increasingly worried about an economic downturn, compromise seems likely.Shares are bouncing off of both their 50-day and 200-day moving averages and look set for a move back to their July high. Such a move would be worth a gain of more than 23% from here. Extraction Oil & Gas (XOG)Shares of independent oil and gas producer Extraction Oil and Gas (NASDAQ:XOG) are once again moving to the upper end of a consolidation range going back to January and look ready for a test above their 200-day moving average that hasn't been tested since the summer of 2018. Coverage of the stock was recently initiated by analysts at KeyBanc Capital Markets with a neutral rating. * Major Headlines Mean Opportunities for Smart Investors The company will next report results on November 5 after the close. Analysts are looking for a loss of nine cents per share on revenues of $238.9 million. When the company last reported on August 1, earnings of 22 cents per share missed estimates by seven cents on a 14.6% decline in revenues. Northern Oil and Gas (NOG)Shares of Northern Oil and Gas (NYSEAMERICAN:NOG) are perking up and over their 50-day moving average and look set for a run towards the 200-day moving average. This caps a downtrend that's been in place since late April, mirroring the pullback in crude oil prices. Management has been using the industry downturn to expand its ground game, buying up acreage at low cost preparing for the inevitable turnaround in energy prices.In the second quarter and third quarter through late July, the company has completed 40 deals snapping up more than 6,000 acres. Deal activity continues to be focused on the Williston Basin in eastern Montana, North Dakota, South Dakota and southern Saskatchewan. AK Steel (AKS)Shares of AK Steel (NYSE:AKS) are holding above their 50-day moving average and look set for another run at their 200-day moving average, continuing a rise off of the late May lows. Because of worries about global manufacturing activity, and thus demand for steel and iron, the stock trades under $10 at an incredibly cheap price-to-earnings multiple of just 4.6x. * 10 Mid-Cap Dividend Stocks to Buy Now The company will next report results on October 24 after the close. Analysts are looking for earnings of six cents per share on revenues of $1.7 billion. When the company last reported on July 29, earnings of 21 cents per share beat estimates by 15 cents on a 3.8% decline in revenues. SRC Energy (SRCI)SRC Energy (NYSEAMERICAN:SRCI) is an independent oil and gas producer based in the Denver basin in Colorado. The company has proved oil and gas reserves of 88 million barrels and 771 billion cubic feet respectively and operates nearly 1,000 wells. Shares are extending off of support from the lows set since December and looks good for a test above its 200-day moving average.The company will next report results on October 24 after the close. Analysts are looking for earnings of six cents per share one revenues of $1.7 billion. When the company last reported on July 29, earnings of 21 cents per share beat estimates by 15 cents on a 3.8% decline in revenues. Comstock Resources (CRK)Shares of Comstock Resources (NYSE:CRK), an independent oil and gas outfit based primarily in Texas, Louisiana and North Dakota, look ready for another run at its 200-day moving average continuing a long sideways channel going back to 2015. Watch for an extension to the $12-a-share level, which would be worth a double from here. * 10 Undervalued Stocks With Breakout Potential The company recently announced the acquisition of Covey Park Energy in a cash and stock transaction valued at roughly $2.2 billion as it expands its footprint in the Haynesville shale area. When analysts at B. Riley FBR initiated coverage back in May, they focused on management's improvement to capital intensity and cost cutting efforts. Prospect Capital Corporation (PSEC)Prospect Capital (NASDAQ:PSEC) is a business development company that specializes in middle market financing, buyouts and recapitalizations of private and micro-cap public companies. It focuses on a variety of industries, from energy to aerospace and consumer services. Shares are testing the upper range of a year-to-date sideways consolidation pattern but look ready for a push back to the early 2017 highs for a move that would be worth a gain of 10% from here.The company will next report results on August 27 after the close. Analysts are looking for earnings of 21 cents per share on revenues of $166.7 million. When the company last reported on May 8, earnings of 21 cents per share beat estimates by a penny on a 5.1% rise in revenues. ASE Technology Holding (ASX)ASE Technology (NYSE:ASX) shares look ready to break up and out of a wedge formation with a push back to levels last seen in the summer of 2018. Such a move would be worth a gain of 10% from here. The company is a provider of semiconductor packaging and testing services -- an industry that is intensely tied to the vagaries of the business cycle since chips are in pretty much every manufactured good. * The 10 Best Marijuana Stocks to Buy Now The company recently reported that July net revenues increased 9% from last year to $1.2 billion. Analysts at Macquarie recently upgraded to buy despite a recent miss of quarterly earnings estimates on better-than-expected revenues. MFA Financial (MFA)MFA Financial (NYSE:MFA) is a diversified REIT focused on residential mortgage assets. Shares have been steadily grinding higher rising along its 200-day moving average as the previous high from late 2017 is challenged. Watch for a breakout here on the expectation of more cheap money easing from the Federal Reserve, which will bolster real estate prices.The company will next report results on November 5 before the bell. Analysts are looking for earnings of 18 cents per share on revenues of $67.8 million. When the company last reported on August 7, earnings of 20 cents per share beat estimates by two cents on a 19.9% rise in revenues.As of this writing, the author held no positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post 11 Stocks Under $10 to Buy Now appeared first on InvestorPlace.
GNC Holdings (NYSE: GNC ) reported second-quarter earnings of 13 cents per share, which beat the analyst consensus estimate of 12 cents by 8.33%. This is a 35% decrease over earnings of 2 cents per share ...
FitOps is a foundation trying to keep fitness in the lives of veterans all across the country. And health and wellness brand GNC is working with them. The company has pledged to donate $200,000 to the FitOps Foundation; as an added incentive, GNC loyalty members who give now through Nov. 20 will be entered into a sweepstakes to win a VIP experience with John Cena at PERFORMIX House in New York City. GNC Chief Brand Officer Ryan Ostrom breaks it down on "The Final Round."