Herbalife (NYSE:HLF) Sets New 52-Week High on Analyst Upgrade

Herbalife Ltd (NYSE:HLF) reached a new 52-week high on Thursday after Wall Street Zen upgraded the stock from a hold rating to a buy rating. The stock traded as high as $13.35 and last traded at $13.3050, with a volume of 4503465 shares trading hands. The stock had previously closed at $11.83.

HLF has been the topic of several other research reports. Argus set a $15.00 price target on Herbalife in a report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Herbalife in a research report on Wednesday, October 8th. Finally, Mizuho raised their target price on shares of Herbalife from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $12.75.

Insiders Place Their Bets

In other Herbalife news, Director Lynda Cloud bought 17,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC bought a new stake in Herbalife during the 2nd quarter valued at about $29,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Herbalife during the third quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Herbalife by 4,406.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company’s stock valued at $42,000 after acquiring an additional 4,803 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Herbalife by 115.6% during the third quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock valued at $59,000 after acquiring an additional 3,766 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Herbalife in the third quarter valued at approximately $65,000.

Herbalife Stock Down 4.6%

The firm has a 50 day moving average of $9.18 and a 200-day moving average of $8.96. The company has a market cap of $1.31 billion, a P/E ratio of 4.01, a PEG ratio of 0.24 and a beta of 0.87.

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