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

Herbalife Ltd. (NYSE:HLF) has received an average rating of “Hold” from the five analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $9.90.

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

Herbalife Stock Up 0.3 %

HLF stock opened at $6.72 on Tuesday. The firm’s 50-day simple moving average is $7.58 and its 200 day simple moving average is $8.55. The stock has a market cap of $677.32 million, a PE ratio of 7.91, a price-to-earnings-growth ratio of 0.27 and a beta of 1.17. Herbalife has a fifty-two week low of $6.21 and a fifty-two week high of $15.43.

Herbalife (NYSE:HLF) last released 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 company 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%. Equities analysts forecast that Herbalife will post 1.51 EPS for the current fiscal year.

Institutional Trading of Herbalife

Institutional investors have recently added to or reduced their stakes in the business. nVerses Capital LLC increased its stake in shares of Herbalife by 240.0% during the 2nd quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock worth $53,000 after purchasing an additional 3,600 shares during the last quarter. Van ECK Associates Corp increased its position in 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 buying an additional 808 shares during the last quarter. Carolina Wealth Advisors LLC bought a new position in Herbalife during the third quarter valued at about $78,000. Algert Global LLC raised its holdings in Herbalife by 98.9% during the second quarter. Algert Global LLC now owns 20,173 shares of the company’s stock valued at $210,000 after buying an additional 10,033 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in shares of Herbalife in the third 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.