GNC Holdings, Inc. (GNC) At $3.52 Forms Bottom; Energy Opportunities Capital Management Raised By $2.31 Million Its Tenaris S A Sponsored Adr (TS) Position

July 1, 2018 - By John Hoffman

GNC Holdings, Inc. (NYSE:GNC) Logo

GNC Holdings, Inc. (GNC) formed multiple bottom with $3.27 target or 7.00% below today’s $3.52 share price. GNC Holdings, Inc. (GNC) has $294.50 million valuation. The stock increased 0.28% or $0.01 during the last trading session, reaching $3.52. About 1.97M shares traded. GNC Holdings, Inc. (NYSE:GNC) has declined 54.61% since July 1, 2017 and is downtrending. It has underperformed by 67.18% the S&P500. Some Historical GNC News: 15/05/2018 – Numeric Investor Buys New 1.2% Position in GNC; 26/04/2018 – GNC to close 200 stores this year; 05/04/2018 – GENERAL NUTRITION CORP – TO PARTNER WITH RAPID NUTRITION TO MARKET, SELL, GNC PRODUCTS THROUGH RETAIL OUTLET EXPANSION, OTHERS THROUGHOUT AUSTRALIA; 22/05/2018 – GNC IN PACT WITH OPTERUS FOR STORE CLOUD SOLUTION; 09/05/2018 – GNC REPORTS ADJOURNMENT OF SPECIAL MEETING OF HOLDERS; 25/04/2018 – GNC: VOTES RECEIVED TO DATE SHOW SUPPORT FOR HAYAO INVESTMENT; 26/04/2018 – GNC Closing 200 Stores as Vitamin Retailer Slims Its Operations; 24/04/2018 – AMERICAS DISTRESSED WATCH: Rex, Westmoreland, GNC, Hovnanian; 26/04/2018 – Vitamin Retailer GNC Plans to Close 200 Stores; 09/05/2018 – GNC Announces Adjournment Of Special Meeting Of Stockholders Until 10:00 AM Eastern Time On May 17, 2018

Energy Opportunities Capital Management Llc increased Tenaris S A Sponsored Adr (TS) stake by 69.71% reported in 2018Q1 SEC filing. Energy Opportunities Capital Management Llc acquired 67,800 shares as Tenaris S A Sponsored Adr (TS)’s stock rose 3.17%. The Energy Opportunities Capital Management Llc holds 165,065 shares with $5.72 million value, up from 97,265 last quarter. Tenaris S A Sponsored Adr now has $21.80B valuation. The stock decreased 0.49% or $0.18 during the last trading session, reaching $36.39. About 1.55M shares traded. Tenaris S.A. (NYSE:TS) has risen 20.50% since July 1, 2017 and is uptrending. It has outperformed by 7.93% the S&P500. Some Historical TS News: 18/05/2018 – TKC METALS CORP T.PS – FY GROSS REVENUE 363.6 MLN PESOS VS 272.4 MLN PESOS; 08/05/2018 – TENARIS TS.N : COWEN AND COMPANY RAISES TARGET PRICE TO $38 FROM $35; 18/05/2018 – TKC METALS CORP T.PS – FY NET INCOME ATTRIBUTABLE 838.2 MLN PESOS VS 397.2 MLN PESOS; 30/04/2018 – Tenaris Files 2017 Form 20-F; 26/04/2018 – Tenaris 1Q Net $235.2M; 26/04/2018 – TENARIS TENR.Ml – QTRLY NET SALES $1866 MLN VS $1154 MLN; 26/04/2018 – TENARIS TENR.Ml – QTRLY EARNINGS PER ADS $0.40; 19/03/2018 – TENARIS TS.N : BARCLAYS RAISES TARGET PRICE TO $43 FROM $41; 26/04/2018 – Tenaris: Effect of U.S. Steel Tariffs Unclea; 26/04/2018 – TENARIS 1Q OPER INCOME $212M, EST. $191.8M

Among 9 analysts covering Tenaris SA (NYSE:TS), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Tenaris SA had 12 analyst reports since January 11, 2018 according to SRatingsIntel. The company was maintained on Tuesday, May 8 by Cowen & Co. On Wednesday, April 11 the stock rating was upgraded by Citigroup to “Buy”. The stock of Tenaris S.A. (NYSE:TS) has “Hold” rating given on Thursday, January 11 by Cowen & Co. The firm earned “Buy” rating on Thursday, February 22 by Piper Jaffray. Guggenheim maintained the shares of TS in report on Friday, March 2 with “Buy” rating. The company was upgraded on Monday, January 15 by Credit Suisse. Loop Capital maintained the shares of TS in report on Thursday, March 22 with “Buy” rating. The company was upgraded on Friday, March 16 by UBS. Credit Suisse upgraded Tenaris S.A. (NYSE:TS) on Friday, February 23 to “Outperform” rating. As per Monday, February 26, the company rating was maintained by Cowen & Co.

Another recent and important Tenaris S.A. (NYSE:TS) news was published by Globenewswire.com which published an article titled: “Tenaris Files 2017 Sustainability Report” on June 28, 2018.

Energy Opportunities Capital Management Llc decreased Core Laboratories N V Com (NYSE:CLB) stake by 13,700 shares to 28,401 valued at $3.07M in 2018Q1. It also reduced U S Silica Hldgs Inc Com (NYSE:SLCA) stake by 15,435 shares and now owns 138,873 shares. Halliburton Co (NYSE:HAL) was reduced too.

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.38, from 1.33 in 2017Q4. It dived, as 25 investors sold GNC Holdings, Inc. shares while 35 reduced holdings. 21 funds opened positions while 36 raised stakes. 40.66 million shares or 9.19% less from 44.77 million shares in 2017Q4 were reported. Bridgecreek Investment Mngmt Lc holds 12,000 shares. Millennium Mngmt Ltd holds 2.17M shares. United Cap Advisers Limited Liability Com accumulated 0% or 71,052 shares. Gam Holding Ag has 104,891 shares for 0.01% of their portfolio. Quinn Opportunity Prtn Ltd Llc has invested 0.02% in GNC Holdings, Inc. (NYSE:GNC). Guggenheim Capital Lc invested in 17,985 shares or 0% of the stock. Gsa Capital Prtn Llp invested in 165,850 shares or 0.03% of the stock. Vanguard Gp holds 0% of its portfolio in GNC Holdings, Inc. (NYSE:GNC) for 4.24 million shares. Wolverine Asset Lc invested in 0% or 14,030 shares. Ontario – Canada-based Manufacturers Life Insur The has invested 0% in GNC Holdings, Inc. (NYSE:GNC). Georgia-based Advisory Service Ntwk Ltd Llc has invested 0% in GNC Holdings, Inc. (NYSE:GNC). 128,432 were reported by Natl Bank Of America Corporation De. D E Shaw And holds 0% or 257,586 shares. Raymond James & Associate owns 15,086 shares. Coatue Management Limited owns 0% invested in GNC Holdings, Inc. (NYSE:GNC) for 38,973 shares.

Among 3 analysts covering GNC Holdings (NYSE:GNC), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. GNC Holdings has $6 highest and $3 lowest target. $4.17’s average target is 18.47% above currents $3.52 stock price. GNC Holdings had 3 analyst reports since February 14, 2018 according to SRatingsIntel. The stock of GNC Holdings, Inc. (NYSE:GNC) earned “Underweight” rating by Barclays Capital on Friday, April 27. Morgan Stanley maintained GNC Holdings, Inc. (NYSE:GNC) rating on Wednesday, May 30. Morgan Stanley has “Equal-Weight” rating and $3 target. As per Wednesday, February 14, the company rating was maintained by JP Morgan.

Analysts await GNC Holdings, Inc. (NYSE:GNC) to report earnings on July, 26. They expect $0.14 EPS, down 65.85% or $0.27 from last year’s $0.41 per share. GNC’s profit will be $11.71M for 6.29 P/E if the $0.14 EPS becomes a reality. After $0.24 actual EPS reported by GNC Holdings, Inc. for the previous quarter, Wall Street now forecasts -41.67% negative EPS growth.

GNC Holdings, Inc. (NYSE:GNC) Institutional Positions Chart