Herbalife Ltd. (NYSE:HLF) Receives Consensus Rating of “Hold” from Analysts

Shares of Herbalife Ltd. (NYSE:HLF) have been given a consensus recommendation of “Hold” by the five research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $9.90.

Several research firms recently weighed in on HLF. Citigroup cut their price objective on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, October 25th. DA Davidson cut their price target on Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. B. Riley reduced their price target on Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Finally, Mizuho boosted their target price on shares of Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, November 1st.

Institutional Trading of Herbalife

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. nVerses Capital LLC boosted its stake in shares of Herbalife by 240.0% in the 2nd quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock valued at $53,000 after purchasing an additional 3,600 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in Herbalife in the third quarter valued at $78,000. Van ECK Associates Corp boosted its position in Herbalife by 10.3% during the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock valued at $90,000 after acquiring an additional 808 shares during the last quarter. Prospera Financial Services Inc acquired a new stake in Herbalife during the 3rd quarter worth about $154,000. Finally, DGS Capital Management LLC grew its holdings in Herbalife by 63.7% during the 3rd quarter. DGS Capital Management LLC now owns 24,454 shares of the company’s stock worth $176,000 after acquiring an additional 9,513 shares during the period.

Herbalife Price Performance

NYSE HLF opened at $6.74 on Tuesday. The business has a fifty day moving average price of $7.57 and a two-hundred day moving average price of $8.46. The stock has a market capitalization of $679.34 million, a PE ratio of 7.93, a PEG ratio of 0.26 and a beta of 1.17. Herbalife has a fifty-two week low of $6.21 and a fifty-two week high of $14.39.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.38. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. Herbalife had a negative return on equity of 18.66% and a net margin of 1.73%. As a group, sell-side analysts expect that Herbalife will post 1.51 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.