Herbalife LTD. (NYSE:HLF) has received a consensus rating of “Hold” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $86.67.
Several analysts recently issued reports on HLF shares. ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Pivotal Research restated a “buy” rating and set a $120.00 target price on shares of Herbalife LTD. in a research report on Thursday, August 31st. BidaskClub lowered shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a research report on Monday, August 21st. Finally, Citigroup Inc. set a $72.00 price target on shares of Herbalife LTD. and gave the stock a “hold” rating in a research report on Wednesday, August 2nd.
Shares of Herbalife LTD. (HLF) opened at 71.99 on Friday. Herbalife LTD. has a 52 week low of $47.62 and a 52 week high of $79.64. The company’s 50 day moving average is $71.24 and its 200-day moving average is $69.19. The stock has a market capitalization of $6.49 billion, a PE ratio of 15.14 and a beta of 1.23.
Herbalife LTD. (NYSE:HLF) last announced its earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.41. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. The firm’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.29 earnings per share. On average, equities analysts predict that Herbalife LTD. will post $4.77 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of HLF. BlackRock Inc. boosted its position in shares of Herbalife LTD. by 19,647.9% in the first quarter. BlackRock Inc. now owns 3,149,983 shares of the company’s stock worth $183,139,000 after purchasing an additional 3,134,032 shares during the period. FMR LLC boosted its position in shares of Herbalife LTD. by 9.1% in the second quarter. FMR LLC now owns 8,025,946 shares of the company’s stock worth $572,490,000 after purchasing an additional 667,474 shares during the period. First Trust Advisors LP boosted its position in shares of Herbalife LTD. by 468.2% in the second quarter. First Trust Advisors LP now owns 172,027 shares of the company’s stock worth $12,271,000 after purchasing an additional 141,752 shares during the period. UBS Oconnor LLC boosted its position in shares of Herbalife LTD. by 15.0% in the second quarter. UBS Oconnor LLC now owns 1,062,200 shares of the company’s stock worth $75,767,000 after purchasing an additional 138,428 shares during the period. Finally, Brandywine Global Investment Management LLC bought a new position in shares of Herbalife LTD. in the second quarter worth approximately $6,032,000.
About Herbalife LTD.
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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