Shares of Herbalife Ltd. (NYSE:HLF – Get Free Report) have been given an average recommendation of “Reduce” by the five research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $10.50.
HLF has been the subject of a number of analyst reports. Mizuho cut their target price on Herbalife from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, March 21st. Bank of America cut their price objective on Herbalife from $10.00 to $8.00 and set an “underperform” rating for the company in a research report on Thursday, March 21st. DA Davidson decreased their target price on shares of Herbalife from $11.00 to $9.50 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Finally, StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a report on Friday, February 16th.
Read Our Latest Stock Report on Herbalife
Insider Buying and Selling at Herbalife
Institutional Trading of Herbalife
Institutional investors and hedge funds have recently made changes to their positions in the stock. PEAK6 Investments LLC purchased a new position in Herbalife in the 3rd quarter valued at about $146,000. DGS Capital Management LLC purchased a new position in shares of Herbalife during the fourth quarter valued at approximately $165,000. Hollencrest Capital Management boosted its position in Herbalife by 21.3% during the first quarter. Hollencrest Capital Management now owns 17,100 shares of the company’s stock worth $172,000 after acquiring an additional 3,000 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Herbalife in the 4th quarter worth approximately $184,000. Finally, Corton Capital Inc. raised its holdings in Herbalife by 10.2% in the 3rd quarter. Corton Capital Inc. now owns 17,849 shares of the company’s stock valued at $250,000 after acquiring an additional 1,654 shares during the last quarter.
Herbalife Price Performance
NYSE:HLF opened at $8.68 on Thursday. The firm has a market cap of $866.15 million, a price-to-earnings ratio of 6.11 and a beta of 1.22. The firm’s fifty day moving average price is $8.79 and its 200 day moving average price is $11.63. Herbalife has a 1-year low of $6.68 and a 1-year high of $19.48.
Herbalife (NYSE:HLF – Get Free Report) last released its earnings results on Wednesday, February 14th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.10). The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Herbalife had a negative return on equity of 19.56% and a net margin of 2.81%. The firm’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the business posted $0.53 EPS. As a group, analysts expect that Herbalife will post 1.8 earnings per share for the current fiscal year.
About Herbalife
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.
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