Headlines about Herbalife Nutrition (NYSE:HLF) have been trending extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Herbalife Nutrition earned a news impact score of -5.00 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Herbalife Nutrition’s analysis:
- Former Herbalife execs charged with FCPA violations (complianceweek.com)
- Noteworthy Friday Option Activity: HLF, LOB, HUM (nasdaq.com)
- Two former Herbalife executives in China faces charges from U.S. Justice Department (journalnow.com)
- U.S. charges two former Herbalife executives in China in bribery scheme: person familiar (reuters.com)
- US charges 2 former Herbalife Chinese executives in bribery scheme (asia.nikkei.com)
A number of equities research analysts have commented on the company. Pi Financial raised Herbalife Nutrition from a “neutral” rating to a “buy” rating and raised their price objective for the company from $8.75 to $12.75 in a research note on Thursday, August 8th. ValuEngine raised Herbalife Nutrition from a “hold” rating to a “buy” rating in a research note on Wednesday, October 30th. Pivotal Research reissued a “buy” rating and issued a $65.00 price objective (down previously from $75.00) on shares of Herbalife Nutrition in a research note on Friday, August 2nd. Citigroup reduced their price objective on Herbalife Nutrition from $66.00 to $57.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Zacks Investment Research raised Herbalife Nutrition from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Herbalife Nutrition presently has a consensus rating of “Buy” and a consensus target price of $47.13.
Shares of NYSE:HLF traded up $0.56 during mid-day trading on Friday, hitting $44.13. 1,004,280 shares of the company traded hands, compared to its average volume of 1,097,456. The stock has a market cap of $6.45 billion, a P/E ratio of 15.32 and a beta of 0.47. Herbalife Nutrition has a 12-month low of $33.62 and a 12-month high of $61.77. The stock has a 50-day moving average price of $40.70 and a two-hundred day moving average price of $41.40.
Herbalife Nutrition (NYSE:HLF) last announced its earnings results on Tuesday, October 29th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.09. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Herbalife Nutrition had a negative return on equity of 65.44% and a net margin of 6.26%. Herbalife Nutrition’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.74 earnings per share. As a group, research analysts forecast that Herbalife Nutrition will post 2.66 earnings per share for the current year.
Herbalife Nutrition Company Profile
Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.
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