Herbalife Ltd (NYSE:HLF) Given Average Rating of “Hold” by Brokerages

Herbalife Ltd (NYSE:HLF) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $17.80.

HLF has been the topic of several analyst reports. Wall Street Zen upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Royal Bank Of Canada decreased their price objective on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. Zacks Research cut Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup restated a “buy” rating and set a $21.00 price objective (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Finally, Weiss Ratings cut Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd.

Insider Buying and Selling at Herbalife

In related news, insider Frank Lamberti sold 134,982 shares of Herbalife stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $13.50, for a total value of $1,822,257.00. Following the transaction, the insider owned 36,624 shares in the company, valued at approximately $494,424. This trade represents a 78.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Troy Hicks sold 10,000 shares of Herbalife stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $12.32, for a total value of $123,200.00. Following the completion of the transaction, the chief operating officer owned 9,706 shares in the company, valued at $119,577.92. The trade was a 50.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 191,296 shares of company stock worth $2,551,678 in the last 90 days. Insiders own 5.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in Herbalife in the fourth quarter valued at $32,000. KBC Group NV acquired a new position in Herbalife in the first quarter valued at $44,000. Aster Capital Management DIFC Ltd acquired a new position in Herbalife in the third quarter valued at $35,000. EverSource Wealth Advisors LLC boosted its holdings in Herbalife by 512.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,544 shares of the company’s stock valued at $84,000 after acquiring an additional 5,476 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Herbalife in the third quarter valued at $65,000.

Herbalife Stock Performance

Herbalife stock opened at $12.11 on Friday. The stock has a fifty day moving average of $13.99 and a two-hundred day moving average of $14.87. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 5.31, a PEG ratio of 0.72 and a beta of 0.88. Herbalife has a fifty-two week low of $7.56 and a fifty-two week high of $20.40.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the business posted $0.59 earnings per share. Herbalife’s revenue was up 7.8% compared to the same quarter last year. On average, analysts forecast that Herbalife will post 2.47 EPS for the current fiscal year.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.