Hertz, Nu Skin, WebMD Downgraded

Hertz Global Holdings, Inc (HTZ), ​Nu Skin Enterprises, Inc. (NUS), and ​WebMD Health Corp. (WBMD) have received bearish analyst attention on Wall Street

Feb 17, 2017 at 9:51 AM
facebook X logo linkedin

Analysts are weighing in on car rental company Hertz Global Holdings, Inc (NYSE:HTZ), personal products peddler Nu Skin Enterprises, Inc. (NYSE:NUS), and health information stock WebMD Health Corp. (NASDAQ:WBMD). Here's a quick roundup of today's bearish brokerage notes on HTZ, NUS, and WBMD shares.

Hertz Hammered by Downgrade

HTZ is down 5% at $20.56, pressured by Credit Suisse's decision to downgrade the stock's rating to "underperform" from "neutral," and slash its price target to $15 from $27. It's been a brutal few months for Hertz Global Holdings, Inc, which was trading above $50 as recently as September. Not surprisingly, bearish options bets have been initiated at an extreme clip in recent weeks. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), HTZ has racked up a lofty put/call volume ratio of 10.11, which sits at the top of its annual range.

Nu Skin Sinks on Earnings, Outlook

NUS reported lower-than-expected earnings last night, and also offered up weak current-quarter guidance. Jefferies responded with a price-target cut to $52 from $55. Out of the gate, Nu Skin Enterprises, Inc. has shed 10.6% at $49.25, and has lost more than one-quarter of its value since touching an early October peak at $66.04. Short sellers are sure to be cheering the sell-off. Nearly 9% of the stock's float is dedicated to short interest, which would take close to three weeks to cover, based on NUS' average daily trading level.

WebMD to Explore Possible Sale

WBMD topped expectations in the earnings confessional last night, and announced it will explore strategic alternatives. In response, Citigroup and SunTrust Robinson lowered their price targets to $62 and $60, respectively, while Mizuho lifted its target price to $55. At last check, WebMD Health Corp. shares were 1.8% higher at $52.42, and earlier came within a chip-shot of their 200-day moving average for the first time since early August. Put players may be on pins and needles, given these gains. Specifically, WBMD's Schaeffer's put/call open interest ratio (SOIR) of 3.40 ranks just 8 percentage points from a 52-week put-skewed peak.

Get a jump-start on the day's stock market news with Schaeffer's free Opening View newsletter.

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI