Herbalife (NYSE:HLF) Shares Up 10.8% on Earnings Beat

Herbalife Ltd (NYSE:HLF) shares were up 10.8% on Thursday following a better than expected earnings announcement. The company traded as high as $9.49 and last traded at $9.1330. Approximately 1,086,075 shares changed hands during trading, a decline of 45% from the average daily volume of 1,972,780 shares. The stock had previously closed at $8.24.

The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.57 EPS. The firm’s quarterly 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.

Analyst Ratings Changes

Several equities research analysts have issued reports on HLF shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Herbalife in a research note on Wednesday, October 8th. Mizuho boosted their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Finally, Wall Street Zen cut shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Herbalife currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.33.

Institutional Trading of Herbalife

Several institutional investors and hedge funds have recently bought and sold shares of HLF. FNY Investment Advisers LLC purchased a new stake in Herbalife in the 2nd quarter valued at about $29,000. Caitong International Asset Management Co. Ltd increased its stake in 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 worth $42,000 after purchasing an additional 4,803 shares during the period. GAMMA Investing LLC increased its stake in Herbalife by 115.6% during the third quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock worth $59,000 after purchasing an additional 3,766 shares during the period. CWM LLC increased its stake in Herbalife by 199.7% during the first quarter. CWM LLC now owns 7,969 shares of the company’s stock worth $69,000 after purchasing an additional 5,310 shares during the period. Finally, CHICAGO TRUST Co NA purchased a new stake in Herbalife during the third quarter worth about $100,000.

Herbalife Price Performance

The company has a market capitalization of $929.40 million, a PE ratio of 2.87, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. The stock’s 50 day simple moving average is $8.90 and its 200-day simple moving average is $8.56.

About Herbalife

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.