Shares of Herbalife Ltd. (NYSE:HLF – Get Free Report) have been assigned an average rating of “Hold” from the five analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $12.40.
Several equities research analysts recently weighed in on the company. StockNews.com downgraded Herbalife from a “buy” rating to a “hold” rating in a report on Tuesday. DA Davidson lifted their price target on Herbalife from $9.50 to $13.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Finally, B. Riley boosted their price target on Herbalife from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.
Get Our Latest Analysis on Herbalife
Insiders Place Their Bets
Hedge Funds Weigh In On Herbalife
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Carolina Wealth Advisors LLC bought a new position in Herbalife during the 3rd quarter worth approximately $78,000. Avaii Wealth Management LLC raised its stake in Herbalife by 12.4% during the third quarter. Avaii Wealth Management LLC now owns 39,264 shares of the company’s stock worth $282,000 after buying an additional 4,347 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in Herbalife by 42.9% during the third quarter. Exchange Traded Concepts LLC now owns 43,154 shares of the company’s stock worth $310,000 after buying an additional 12,961 shares during the last quarter. Inspire Investing LLC lifted its holdings in Herbalife by 66.6% in the third quarter. Inspire Investing LLC now owns 56,421 shares of the company’s stock valued at $406,000 after buying an additional 22,558 shares during the period. Finally, Perpetual Ltd boosted its position in Herbalife by 21.4% during the third quarter. Perpetual Ltd now owns 466,491 shares of the company’s stock valued at $3,354,000 after acquiring an additional 82,231 shares during the last quarter.
Herbalife Trading Down 2.4 %
Shares of NYSE HLF opened at $6.84 on Thursday. The company has a market cap of $683.28 million, a price-to-earnings ratio of 4.99, a PEG ratio of 0.27 and a beta of 1.19. Herbalife has a 12 month low of $6.59 and a 12 month high of $15.66. The stock has a 50-day moving average price of $7.53 and a two-hundred day moving average price of $9.38.
Herbalife (NYSE:HLF – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.11. Herbalife had a net margin of 1.63% and a negative return on equity of 18.69%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same period in the prior year, the company earned $0.74 EPS. The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. On average, sell-side analysts predict that Herbalife will post 1.34 earnings per share for the current year.
Herbalife Company Profile
Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.
Read More
- Five stocks we like better than Herbalife
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- Differences Between Momentum Investing and Long Term Investing
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- How to Use the MarketBeat Stock Screener
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Herbalife Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herbalife and related companies with MarketBeat.com's FREE daily email newsletter.