HLF has been the subject of a number of other reports. Pivotal Research lowered their target price on Herbalife LTD. from $105.00 to $90.00 and set a buy rating for the company in a research note on Friday, May 5th. BidaskClub lowered Herbalife LTD. from a strong-buy rating to a buy rating in a research note on Monday, July 24th. ValuEngine upgraded Herbalife LTD. from a hold rating to a buy rating in a research note on Friday, June 2nd. TheStreet upgraded Herbalife LTD. from a c rating to a b- rating in a research note on Monday, April 17th. Finally, Zacks Investment Research upgraded Herbalife LTD. from a sell rating to a hold rating in a research note on Tuesday, April 25th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of $83.00.
Shares of Herbalife LTD. (HLF) opened at 65.88 on Wednesday. The firm has a market cap of $5.94 billion, a P/E ratio of 13.85 and a beta of 1.20. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $74.49. The company has a 50-day moving average of $69.90 and a 200 day moving average of $64.23.
Herbalife LTD. (NYSE:HLF) last announced its earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.41. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the company posted $1.29 earnings per share. The firm’s quarterly revenue was down 4.6% compared to the same quarter last year. Equities analysts predict that Herbalife LTD. will post $4.71 EPS for the current year.
A number of hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in shares of Herbalife LTD. during the second quarter worth approximately $106,000. MAVEN SECURITIES Ltd purchased a new stake in shares of Herbalife LTD. during the first quarter worth approximately $146,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Herbalife LTD. by 11.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company’s stock worth $180,000 after buying an additional 268 shares during the last quarter. Allen Investment Management LLC purchased a new stake in shares of Herbalife LTD. during the second quarter worth approximately $213,000. Finally, Comerica Bank purchased a new stake in shares of Herbalife LTD. during the first quarter worth approximately $216,000.
Herbalife LTD. Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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