Published On: Wed, Oct 19th, 2016

Wunderlich Indicates Potential 19.94% Increase In Shares Of Nutrisystem

On Wednesday Wunderlich reiterated its broker consensus on shares of Nutrisystem (NASDAQ:NTRI) giving the company a ‘Buy’ rating.

Wunderlich gave shares of Nutrisystem a price target of 37 indicating a potential increase of 19.94% from Nutrisystem’s current price of 30.85.


In the prior 12 months Nutrisystem’s stock price has increased by 34.78% from 22.89 to 30.85.

Nutrisystem has 29,274,000 shares in issue which have a share price of 30.85 giving Nutrisystem a market capitalisation of 903.10M USD .

The 52 week high of Nutrisystem’s shares is 31.05 whilst the 52 week low for the company’s shares is 17.25. The 50 day moving average of NASDAQ:NTRI is 29.21 and the 200 day moving average is 26.54.

Nutrisystem, Inc. (Nutrisystem) is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy. Its customers order on an auto-delivery basis (Auto-Delivery), where it sends approximately four-week meal plan on an ongoing basis until notified of a customer’s cancellation. The Company offers its pre-selected favorites food pack or personalized plans, where customers can hand pick their entire menu or customize plans to their dietary preference. Its meal plans feature approximately 150 menu options at different price points, including frozen and ready-to-go entrees, desserts, snacks and shakes.