Herbalife (NYSE:HLF) Price Target Raised to $11.00 at Mizuho

Herbalife (NYSE:HLF) had its target price lifted by Mizuho from $10.00 to $11.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

HLF has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Herbalife in a research note on Wednesday, October 8th. Argus set a $15.00 target price on shares of Herbalife in a report on Wednesday. Finally, Wall Street Zen downgraded shares of Herbalife from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.75.

Herbalife Trading Up 12.5%

NYSE HLF opened at $13.31 on Wednesday. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 4.20, a PEG ratio of 0.24 and a beta of 0.87. The company has a 50 day moving average of $9.03 and a 200-day moving average of $8.89. Herbalife has a 1-year low of $5.04 and a 1-year high of $13.35.

Herbalife (NYSE:HLF) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.57 earnings per share. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts forecast that Herbalife will post 1.57 earnings per share for the current year.

Insider Activity

In related news, Director Lynda Cloud acquired 17,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average cost of $8.97 per share, for a total transaction of $152,490.00. Following the transaction, the director directly owned 38,857 shares in the company, valued at $348,547.29. This trade represents a 77.78% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.73% of the company’s stock.

Institutional Trading of Herbalife

Hedge funds and other institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC increased its holdings in shares of Herbalife by 0.7% during the third quarter. CIBC Private Wealth Group LLC now owns 437,119 shares of the company’s stock worth $3,689,000 after buying an additional 2,908 shares in the last quarter. Tweedy Browne Co LLC grew its position in Herbalife by 104.1% during the 3rd quarter. Tweedy Browne Co LLC now owns 44,136 shares of the company’s stock worth $373,000 after acquiring an additional 22,508 shares during the last quarter. Advisory Services Network LLC acquired a new position in Herbalife in the 3rd quarter worth about $65,000. PharVision Advisers LLC bought a new position in Herbalife in the third quarter valued at about $484,000. Finally, XTX Topco Ltd acquired a new stake in shares of Herbalife during the third quarter valued at about $548,000.

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.