NutriSystem – Lose weight and still eat ... - 500 Beiträge pro Seite

[ProMaiLer]

NutriSystem – Lose weight and still eat ...

Warum nicht mal in einen Markt investieren, der reichlich Gewinne verspricht? Wie wärs da mit Diätprodukten in den USA? Da kommen wir auf NutriSystem (NASDAQ NTRI)

http://www.nutrisystem.com/

Lagen die Erlöse 2004 noch bei 38 Mio. Dollar, schossen die Umsätze 2005 auf 212 Mio. Dollar nach oben. Im vergangenen Jahr flossen bereits 568 Mio. Dollar in die Unternehmenskassen.

Der Nettogewinn konnte ebenso fulminant zulegen. Von 1 Mio. Dollar in 2004 auf 21 Mio. Dollar in 2006 und auf 85 Mio. Dollar in 2006.

Die Erlöse im 1. Quartal 2007 kletterten um 63 Prozent auf 238 Mio. Dollar, das EPS verbesserte sich zugleich von 60 Cents auf 1,04 Dollar.

Analysten erwarten für das laufende Jahr im Schnitt ein EPS von 3,43 Dollar bei einem Umsatz von 799 Mio. Dollar. In 2008 dürfte der Gewinn je Aktie auf 4,14 Dollar und die Erlöse auf 938 Mio. Dollar steigen.

Das 2007er KGVe liegt bei dem aktuellen Kurs von 71,25 Dollar bei knapp 21, für 2008 liegt es bei 17. Die MK liegt bei rund 2,5 Mrd. Dollar.

Angesichts des anhaltend starken Wachstums halte ich den Wert damit trotz der fulminanten Kursentwicklung noch für relativ günstig. Die Q2-Zahlen kommen am 24. Juli, erwartet wird ein EPS von 85 Cents, nach 53 Cents im Vorjahr.

Und was sagen die Analysten?

27-Apr-07 - Boenning & Scattergood - Market Outperform – KZ: 80$
26-Apr-07 - Avondale Partners - Mkt Outperform – KZ: 88$
26-Apr-07 - Lazard Capital – Buy – KZ: 80$
26-Apr-07 - Lehman Brothers – Overweight – KZ: 80$
26-Apr-07 - Kaufman Bros – Buy – KZ: 90$
26-Apr-07 – Citigroup – Buy – KZ: 96$
10-Apr-07 - First Albany - Buy - KZ: 70$

Sicher braucht man einige Nerven. Anhand des Absturzes im Februar gut zu erkennen …

[ProMaiLer]

AP
NutriSystem Names Coach CFO to Board
Friday July 20, 8:17 am ET
NutriSystem Names Coach Chief Financial Officer Michael F. Devine III to Its Board


HORSHAM, Pa. (AP) -- NutriSystem Inc., which provides weight-loss programs and fitness products, on Friday named a Coach executive to its board of directors.
Michael F. Devine III, senior vice president and chief financial officer of Coach Inc., will be an independent director and serve on the audit committee.

The move expands NutriSystem's board to eight.

[ProMaiLer]

hm heute nachbörslich kommen zahlen. ich hoffe der kursrutsch der letzten tage ist kein böses omen

[Bukowski02]

Auf jeden Fall sollte man diese Aktie die nächste Zeit genau im Auge behalten.
Der Kursrutsch gefällt mir nicht, besonders so kurz vor den Zahlen.

[Bukowski02]

NutriSystem, Inc. Reports Results for Second Quarter 2007
-- Reports Second Quarter Revenue of $214 Million and EPS of
$0.96

-- Raises Full Year Revenue and EPS Guidance

HORSHAM, Pa.--(BUSINESS WIRE)--July 24, 2007--NutriSystem, Inc. (NASDAQ: NTRI), a leading provider of weight management and fitness products and services, today announced results for the second quarter ended June 30, 2007, including:

-- An increase in revenue of 61% to $213,556,000 in the second
quarter of 2007 compared to $132,631,000 in revenue in the
second quarter of 2006;

-- Growth in operating income to $52,729,000 (24.7% of revenues)
in the second quarter of 2007 compared to $31,030,000 (23.4%
of revenues) in the second quarter of 2006; and

-- An increase in diluted earnings per share of 81% to $0.96 in
the second quarter of 2007 compared to $0.53 per diluted share
in the second quarter of 2006.

"The quarter was a very good one and we were pleased with the solid growth in our core women's market and continued strength in revenue coming from our ex-customers," said Michael J. Hagan, Chairman, President and Chief Executive Officer. "In addition, the growth in the men's and senior's market segments for the second quarter exceeded our expectations," continued Mr. Hagan.

Direct channel revenue reached $202,413,000 in the second quarter of 2007, a 65% increase over the same period in 2006. The Company added approximately 246,000 Direct channel new customers, a 46% increase from approximately 168,000 new customers in the second quarter of 2006.

"In the second quarter, we increased operating margin by 130 basis points year over year," said James D. Brown, Executive Vice President and Chief Financial Officer. "At the same time we made substantial investments in the business to improve future profitability including a new e-commerce platform, the new food program, a new call center and international expansion."

"To date we've used our strong cash flow to fund stock buy-backs," continued Mr. Brown. "In the first half of 2007, we generated net cash from operations of $98 million and repurchased 2.0 million shares for $98 million."

Third Quarter and Revised Full Year 2007 Outlook

For the third quarter of 2007, the Company estimates that revenue will be between $200 and $208 million, and expects diluted earnings per share to be between $0.77 and $0.82. Further, the Company expects to add approximately 245,000 new Direct channel customers in the third quarter of 2007. The Company is raising its full year 2007 guidance and now expects revenue to be between $810 million and $820 million and 2007 diluted earnings per share to be between $3.46 and $3.52 per share. This guidance does not reflect the effect of any potential future stock repurchases.

"The business performed extremely well for the first half of 2007. We continue to be excited about the new market segments we've launched in the past year and even more excited about how often our ex-customers are returning to us," commented Mr. Hagan. "We've come a long way in the last few years with over two million Americans relying on NutriSystem to help them reach and maintain their weight loss goals. The future remains bright with an all-new program planned for 2008, our first international market, and new product extensions that we believe will expand our customer's life long value."

Conference Call and Webcast

Management will host a conference call and simultaneous webcast to discuss second quarter 2007 financial results today at 5:00 PM Eastern time. The conference call will include remarks about the quarter and the Company's outlook from members of the NutriSystem senior management team including Chairman, President and Chief Executive Officer Michael Hagan, Executive Vice President and Chief Marketing Officer Tom Connerty, and Executive Vice President and Chief Financial Officer James D. Brown. In the conference call the senior management team will refer to a brief slide presentation that will be available in the presentations page of the investor relations section of NutriSystem's website, www.nutrisystem.com. Interested parties may participate in the conference call by dialing 888-713-4216 (international: 617-213-4868) and entering access code 75690000, 5-10 minutes prior to the initiation of the call. A replay of the conference call will be available through August 24, 2007, by dialing 888-286-8010 (international: 617-801-6888) and entering access code 27096683. A webcast of the conference call will also be available for one year under the investor information section of NutriSystem's website.

About NutriSystem, Inc.

Founded in 1972, NutriSystem (NASDAQ: NTRI) is a leading provider of weight management and fitness products and services. The Company offers a weight loss program based on portion-controlled, lower Glycemic Index prepared meals. The program has no membership fees and provides free online and telephone counseling.

Forward-Looking Statement Disclaimer

This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements regarding NutriSystem's outlook and guidance for the second quarter of 2007 and the full year 2007, its expectations regarding its ability to continue its growth while maintaining costs, statements about momentum in its business and other statements that are not statements of historical fact constitute forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, which are described in NutriSystem, Inc.'s Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. NutriSystem, Inc. undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

NUTRISYSTEM, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited, in thousands, except per share amounts)

Three Months Ended Six Months Ended
June 30, June 30,
------------------ -----------------
2007 2006 2007 2006
--------- -------- -------- --------

REVENUE $213,556 $132,631 $451,916 $279,382
--------- -------- -------- --------

COSTS AND EXPENSES:
Cost of revenue 96,260 63,492 207,910 137,179
Marketing 45,525 26,751 97,237 53,686
General and administrative 17,341 10,766 31,760 21,190
Depreciation and amortization 1,701 592 2,670 1,118
--------- -------- -------- --------
Total costs and expenses 160,827 101,601 339,577 213,173
--------- -------- -------- --------
Operating income 52,729 31,030 112,339 66,209
INTEREST INCOME, net 949 889 1,926 1,468
--------- -------- -------- --------
Income before income taxes 53,678 31,919 114,265 67,677
INCOME TAXES 20,129 12,129 42,849 25,552
--------- -------- -------- --------
Net income $ 33,549 $ 19,790 $ 71,416 $ 42,125
========= ======== ======== ========

BASIC INCOME PER COMMON SHARE $ 0.98 $ 0.55 $ 2.05 $ 1.17
========= ======== ======== ========
DILUTED INCOME PER COMMON SHARE $ 0.96 $ 0.53 $ 2.00 $ 1.13
========= ======== ======== ========

WEIGHTED AVERAGE SHARES
OUTSTANDING:
Basic 34,293 36,033 34,825 35,866
Diluted 35,111 37,481 35,690 37,301

NUTRISYSTEM, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Unaudited, in thousands except share and per share amounts)

June 30, December 31,
2007 2006
-------- ------------
ASSETS
------------------------------------------------
CURRENT ASSETS:
Cash and cash equivalents $ 4,642 $ 13,785
Marketable securities 77,909 68,469
Receivables 17,209 17,218
Inventories 47,553 72,366
Deferred income taxes 3,120 2,743
Other current assets 7,104 11,202
-------- ------------
Total current assets 157,537 185,783

FIXED ASSETS, net 14,231 9,374
OTHER ASSETS 3,104 2,710
-------- ------------
$174,872 $197,867
======== ============
LIABILITIES AND STOCKHOLDERS' EQUITY
------------------------------------------------
CURRENT LIABILITIES:
Accounts payable $ 30,503 $ 45,306
Accrued payroll and related benefits 6,004 1,371
Accrued income taxes 1,960 --
Other accrued expenses and current liabilities 6,757 5,057
-------- ------------
Total current liabilities 45,224 51,734
NON-CURRENT LIABILITIES 842 831
-------- ------------
Total liabilities 46,066 52,565
-------- ------------

COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value (5,000,000
shares authorized, no shares issued and
outstanding) -- --
Common stock, $.001 par value (100,000,000
shares authorized; shares issued - 34,263,723
at June 30, 2007 and 35,918,506 at December
31, 2006) 34 35
Additional paid-in capital -- 60,355
Retained earnings 128,772 84,912
-------- ------------
Total stockholders' equity 128,806 145,302
-------- ------------
$174,872 $197,867
======== ============

NUTRISYSTEM, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited, in thousands)

Six Months Ended
June 30,
--------------------
2007 2006
---------- ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $ 71,416 $ 42,125
Adjustments to reconcile net income to net cash
provided by operating activities-
Depreciation and amortization 2,670 1,118
Share-based expense 1,898 3,948
Deferred tax (benefit) expense (995) 3,614
Changes in operating assets and liabilities-
Accrued interest income 85 (367)
Receivables 9 (390)
Inventories 24,813 (5,941)
Other assets 4,282 401
Accounts payable (14,803) (4,568)
Accrued payroll and related benefits 4,633 2,681
Accrued income taxes 1,960 1,664
Other accrued expenses and liabilities 1,829 300
---------- ---------
Net cash provided by operating activities 97,797 44,585
---------- ---------
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of marketable securities (104,075) (54,550)
Sales of marketable securities 94,550 12,400
Capital additions (7,496) (2,500)
---------- ---------
Net cash used in investing activities (17,021) (44,650)
---------- ---------
CASH FLOWS FROM FINANCING ACTIVITIES:
Exercise of stock options 1,212 2,069
Tax benefit from stock option exercises 6,775 6,943
Payment on note payable (150) --
Repurchases and retirement of common stock (97,756) --
---------- ---------
Net cash (used in) provided by financing
activities (89,919) 9,012
---------- ---------
NET CHANGE IN CASH AND CASH EQUIVALENTS (9,143) 8,947
CASH AND CASH EQUIVALENTS, beginning of period 13,785 3,902
---------- ---------
CASH AND CASH EQUIVALENTS, end of period $ 4,642 $ 12,849
========== =========


CONTACT: NutriSystem, Inc.
James D. Brown, EVP and Chief Financial Officer
215-706-5302
[e-mail]
or
Investor Relations:
The Piacente Group, Inc.
Brandi Piacente, 212-481-2050
[e-mail]

SOURCE: NutriSystem, Inc.

[ProMaiLer]

super zahlen!

96 cents je aktie, erwartet wurden 85
umsatz steigt auf 213,5 mio, erwartet nur 194 mio

ausblick für gesamtjahr erhöht auf 3,46 bis 3,53 dollar je aktie, analysten erwarten hier 3,43 dollar

[Bukowski02]

Antwort auf Beitrag Nr.: 30.835.460 von ProMaiLer am 24.07.07 22:09:52

Genau. Nicht zu vergesen die eventuellen Aktienrückkäufe...

[ProMaiLer]

AP
Sector Glance: Diet Companies
Tuesday July 24, 4:10 pm ET
Diet Stocks Mixed Before NutriSystem 2nd-Quarter Data, Analyst Sees Lower-Than-Expected Profit


NEW YORK (AP) -- Shares of companies in the diet industry were mixed Tuesday as investors prepared for NutriSystem Inc. to report its second quarter earnings.
Kaufman Brothers analyst Sameet Sinha said the company should see much higher profit and revenue than in the 2006 second quarter, driven mainly by new adult male customers. Sinha said he expects the number of new men customers to rise 87 percent year-over-year.

But the analyst added he sees earnings per share 2 cents lower than Wall Street estimates, according to a poll by Thomson Financial. NutriSystem shares fell throughout the day.

Here is how some key diet stocks did Tuesday:

NutriSystem Inc. fell $4.21, or 6.2 percent, to $63.78.

Weight Watchers International Inc. slipped 23 cents to $51.10.

Herbalife Ltd. declined 30 cents to $44.03.

Ediets.com Inc. edged up 3 cents to $3.14.

[ProMaiLer]

hm etwas kopfzerbrechen bereitet mit der ausblick auf Q3, wo analysten ja deutlich mehr erwarten

[ProMaiLer]

nachbörslich 65,66

[ProMaiLer]

ups verklickt nachbörslich 55,80

also das versteh ich jetzt nicht

[Bukowski02]

http://finance.yahoo.com/q?s=NTRI

Nachbörslich

[ProMaiLer]

ja ich weiß, das ist aber 16:10 uhr

auf der nasdaqseite ist der kurs danach auf 55 gefallen

ob das damit zusammenhängt?

2 report von New Constructs, LLC und EconomicInvestor von heute

24-Jul-07
NTRI: Risk/Reward Rating: Full Report: Cash Truth Behind the Reported Earnings

"The Economy Matters" Report for NTRI: the economy's impact on NTRI's price and risk, featuring the powerful EconomicInvestor Star Rating

[ProMaiLer]

Soft Guidance Slaps NutriSystem

Shares were halted late Tuesday after falling $4.21 to $63.78 during regular action. They fell $9.25 to $54.52 after hours.

[Bukowski02]

Antwort auf Beitrag Nr.: 30.835.904 von ProMaiLer am 24.07.07 22:35:16

Sorry, hast natürlich Recht. Ich denke der Kursrutsch hängt allein mit dem Ausblick Q3 zusammen.


The company said it expects to make 77 cents to 82 cents a share for the third quarter on revenue of $200 million to $208 million. Analysts were looking for an 89-cent profit on sales of $209 million.

[ProMaiLer]

jepp

allerdings wäre morgen eher ein zeitpunkt zum kaufen als zum verkaufen

bei 55 dollar haben wir ein 07er kgv von rund 17
für 08 würde es bei 13 liegen

und das bei einem erwarteten gewinnwachstum 07/08 von mehr als 20%

[Bukowski02]

Ich denke auch, dass dies eine gute Kauf bzw. Nachkaufgelegenheit ist. Außerdem ist der Ausblick nach meiner Meinung etwas zu konservativ dargestellt.

Ich denke, dass die Prognosen für Q3 bei gegebener Zeit angehoben werden, vielleicht wenn das Management ein Aktienrückkaufprogramm beendet hat? (

[DMaxx]

Hallo Leute!
Ich hab zwar mit der Aktie nichts am Hut aber das stand auf http://www.focus.de/finanzen/boerse/tid-6924/boerse_aid_6759…

Die Top-300-Firmen haben bei Umsatz, Gewinn und Mitarbeiterzahlen in den vergangenen Jahren deutlich zugelegt.

Die Top 100 Unternehmen Rang Land Börse Wachstumswert
NutriSystem Inc. 1 USA NASDAQ STOCK MARKET 7,05
K.K. DaVinci Advisors 2 Japan OSAKA 5,76
Soitec S.A. 3 Frankreich EURONEXT Frankreich 4,68
Asset Managers Co. Ltd. 4 Japan OSAKA 4,53
Pacific Management Corp. 5 Japan TOKYO 4,42
IPSCO Inc. 6 Kanada TORONTO 4,39
Mines de la Lucette S.A. 7 Frankreich EURONEXT Frankreich 4,10
Ladish Co. Inc. 8 USA NASDAQ STOCK MARKET 4,08
Petrohawk Energy Corp. 9 USA NYSE 4,06
Meda AB 10 Schweden OMX EXCHANGES 3,68

Grüße
DMaxx

[Bukowski02]

Auf jeden Fall ist eine große Unsicherheit im Markt, mal sehen wie es so weitergeht.
Dies sagt NTRI zum Ausblick auf Q3 :

"In a conference call with analysts, the fitness products company said it saw some slight softness in demand starting in late June and carrying into early July. The launch of a new over-the-counter weight loss pill from GlaxoSmithKline Plc (GSK.N: Quote, Profile, Research) (GSK.L: Quote, Profile, Research) has had an effect, it added".

Pillen zum Abnehmen sind wohl doch angenehmer zum Abnehmen als die Diätnahrung von NTRI

[ProMaiLer]

Nutrisystem NTRI Lehman Brothers Overweight » Equal-weight

[ProMaiLer]

hm halten sich heute echt gut, ich hoffe mal wir haben uns genug ausgekotzt über das dritte quartal

[ProMaiLer]

hm gegen den markt 1,4% im plus, das läßt hoffen

[ProMaiLer]

Antwort auf Beitrag Nr.: 30.960.681 von ProMaiLer am 01.08.07 00:52:09

Next up is NutriSystem (NTRI - Cramer's Take - Stockpickr - Rating), a name that has appeared on our Rocket Stocks list before because it has a very high short position, a characteristic we often look for.

In its most recent earnings report last week, the weight-management products company reported a higher quarterly profit mainly on growth in its core women's market, but it guided below analysts' views, sending shares down more than 15% in after-hours trading Tuesday. NutriSystem made it clear on the conference call that it is starting to expand its men's and seniors' lines as well as moving into Canada.

NutriSystem is a snapback play as the shorts are really pressing their bets with this stock. This one reminds me a lot of Under Armour (UA - Cramer's Take - Stockpickr - Rating). It trades at just 12 times cash flows, and has a short position of 32%.

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