Herbalife Ltd (NYSE:HLF) Receives $17.80 Consensus PT from Brokerages

Herbalife Ltd (NYSE:HLF) has been assigned an average rating of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.80.

Several equities analysts have recently issued reports on HLF shares. Mizuho set a $17.00 price target on Herbalife in a research report on Monday, May 4th. Weiss Ratings raised Herbalife from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 15th. Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Royal Bank Of Canada lowered their price target on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 28th. Finally, Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th.

Insider Activity

In other Herbalife news, insider Frank Lamberti sold 134,982 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the transaction, the insider owned 36,624 shares of the company’s stock, valued at approximately $494,424. The trade was a 78.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Troy Hicks sold 38,377 shares of the business’s 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 completion of the transaction, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. This trade represents a 80.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 191,296 shares of company stock valued at $2,551,678. 5.13% of the stock is owned by insiders.

Hedge Funds Weigh In On Herbalife

Hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new position in Herbalife in the 4th quarter worth about $32,000. KBC Group NV purchased a new position in Herbalife in the 1st quarter worth about $44,000. Aster Capital Management DIFC Ltd purchased a new position in Herbalife in the 3rd quarter worth about $35,000. EverSource Wealth Advisors LLC raised its position in Herbalife by 512.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,544 shares of the company’s stock worth $84,000 after buying an additional 5,476 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Herbalife in the 3rd quarter worth about $65,000.

Herbalife Price Performance

Shares of Herbalife stock opened at $11.88 on Friday. The company has a 50-day moving average of $13.76 and a 200 day moving average of $14.85. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 5.21, a PEG ratio of 0.71 and a beta of 0.88. Herbalife has a 1 year low of $7.56 and a 1 year high of $20.40.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.Herbalife’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.59 EPS. On average, equities analysts anticipate that Herbalife will post 2.47 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.