Shares of Herbalife Ltd. (NYSE:HLF – Get Free Report) have received an average rating of “Hold” from the five research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $9.90.
Several research firms recently commented on HLF. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. DA Davidson dropped their price target on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Mizuho raised their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. B. Riley reduced their price objective on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Finally, Citigroup lowered their target price on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, October 25th.
Get Our Latest Stock Analysis on Herbalife
Herbalife Price Performance
Herbalife (NYSE:HLF – Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.38. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.23 billion. As a group, analysts anticipate that Herbalife will post 1.51 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of HLF. R Squared Ltd bought a new stake in Herbalife during the 4th quarter worth approximately $63,000. Carolina Wealth Advisors LLC acquired a new position in shares of Herbalife during the third quarter valued at about $78,000. Range Financial Group LLC bought a new stake in Herbalife during the 4th quarter worth approximately $124,000. SG Americas Securities LLC lifted its stake in Herbalife by 83.5% during the 4th quarter. SG Americas Securities LLC now owns 18,884 shares of the company’s stock valued at $126,000 after acquiring an additional 8,591 shares in the last quarter. Finally, Prospera Financial Services Inc bought a new stake in Herbalife in the 3rd quarter worth about $154,000.
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.
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