Herbalife (HLF) Projected to Post Earnings on Wednesday

Herbalife (NYSE:HLF) is anticipated to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $1.19 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Herbalife Trading Up 7.0 %

Shares of Herbalife stock opened at $5.59 on Tuesday. The stock has a 50 day moving average of $6.34 and a 200 day moving average of $7.28. Herbalife has a 12 month low of $5.04 and a 12 month high of $12.79. The firm has a market cap of $563.12 million, a PE ratio of 6.57, a PEG ratio of 0.18 and a beta of 1.15.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HLF shares. Citigroup lowered their price objective on Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Mizuho raised their price objective on Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. DA Davidson lowered their price objective on Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a research note on Thursday, October 31st. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Finally, B. Riley lowered their price objective on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Herbalife presently has an average rating of “Hold” and an average price target of $9.90.

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.