Herbalife Ltd. (NYSE:HLF) Receives $9.90 Consensus Target Price from Analysts

Shares of Herbalife Ltd. (NYSE:HLF) have been given a consensus rating of “Hold” by the five analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $9.90.

A number of equities analysts have issued reports on HLF shares. Citigroup lowered their target price on Herbalife from $16.00 to $13.00 and set a “buy” rating for the company in a report on Friday, October 25th. Mizuho boosted their price objective on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. B. Riley decreased their price target on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Finally, DA Davidson dropped their target price on Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research report on Thursday, October 31st.

Insider Activity

In other Herbalife news, Director Juan Miguel Mendoza purchased 10,000 shares of the firm’s stock in a transaction on Monday, September 9th. The shares were acquired at an average cost of $7.11 per share, with a total value of $71,100.00. Following the completion of the acquisition, the director now directly owns 120,000 shares in the company, valued at $853,200. The trade was a 9.09 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have bought 25,000 shares of company stock valued at $199,475 in the last ninety days. 0.94% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Herbalife

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of Herbalife by 465.3% during the 2nd quarter. GAMMA Investing LLC now owns 3,533 shares of the company’s stock worth $37,000 after purchasing an additional 2,908 shares during the period. nVerses Capital LLC raised its position in shares of Herbalife by 240.0% in the 2nd quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock worth $53,000 after acquiring an additional 3,600 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Herbalife by 22.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 5,558 shares of the company’s stock valued at $56,000 after buying an additional 1,035 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in Herbalife in the third quarter valued at approximately $78,000. Finally, Van ECK Associates Corp increased its position in shares of Herbalife by 10.3% during the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock worth $90,000 after purchasing an additional 808 shares in the last quarter.

Herbalife Trading Up 2.7 %

Shares of HLF stock opened at $7.92 on Monday. The firm’s fifty day moving average price is $7.32 and its two-hundred day moving average price is $9.25. Herbalife has a 1 year low of $6.59 and a 1 year high of $15.66. The firm has a market capitalization of $798.27 million, a P/E ratio of 9.32, a PEG ratio of 0.29 and a beta of 1.17.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.38. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Herbalife had a negative return on equity of 18.66% and a net margin of 1.73%. As a group, equities research analysts forecast that Herbalife will post 1.51 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.