Herbalife Ltd (NYSE:HLF) Receives Consensus Rating of “Hold” from Brokerages

Shares of Herbalife Ltd (NYSE:HLF) have been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat 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 12 month target price among brokers that have issued a report on the stock in the last year is $17.80.

Several research firms recently weighed in on HLF. Weiss Ratings downgraded Herbalife from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 24th. Wall Street Zen downgraded shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research downgraded Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Mizuho set a $17.00 price target on shares of Herbalife in a report on Monday, May 4th. Finally, Royal Bank Of Canada dropped their price objective on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th.

Insider Transactions at Herbalife

In other news, COO Troy Hicks sold 38,377 shares of Herbalife stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $12.93, for a total value of $496,214.61. Following the transaction, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at $117,171.66. The trade was a 80.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Frank Lamberti sold 134,982 shares of Herbalife stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total transaction of $1,822,257.00. Following the transaction, the insider directly 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 191,296 shares of company stock worth $2,551,678. Company insiders own 5.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HLF. VectorGlobal IAG Inc. purchased a new position in Herbalife in the 1st quarter valued at about $184,000. Pacer Advisors Inc. bought a new position in Herbalife during the 1st quarter worth approximately $9,491,000. Empowered Funds LLC boosted its holdings in Herbalife by 39.8% in the first quarter. Empowered Funds LLC now owns 37,333 shares of the company’s stock worth $550,000 after purchasing an additional 10,625 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Herbalife by 12.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,366 shares of the company’s stock valued at $108,000 after buying an additional 822 shares during the period. Finally, California State Teachers Retirement System boosted its stake in Herbalife by 26.1% in the first quarter. California State Teachers Retirement System now owns 117,429 shares of the company’s stock valued at $1,729,000 after acquiring an additional 24,287 shares during the period.

Herbalife Price Performance

Herbalife stock opened at $12.41 on Monday. The stock has a market capitalization of $1.29 billion, a PE ratio of 5.44, a price-to-earnings-growth ratio of 0.68 and a beta of 0.87. The business has a 50 day simple moving average of $12.25 and a 200-day simple moving average of $14.64. Herbalife has a 12 month low of $7.56 and a 12 month high of $20.40.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the firm earned $0.59 EPS. The business’s revenue was up 7.8% on a year-over-year basis. As a group, equities research analysts anticipate that Herbalife will post 2.68 EPS for the current 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.