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

Herbalife Ltd. (NYSE:HLF) has been given an average recommendation of “Hold” by the five ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $9.90.

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

Herbalife Stock Down 1.1 %

Shares of Herbalife stock opened at $7.58 on Friday. The firm has a market cap of $763.50 million, a price-to-earnings ratio of 8.91, a PEG ratio of 0.28 and a beta of 1.17. Herbalife has a twelve month low of $6.59 and a twelve month high of $15.66. The business has a 50-day moving average price of $7.63 and a 200-day moving average price of $8.93.

Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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. On average, equities analysts expect that Herbalife will post 1.51 EPS for the current fiscal year.

Institutional Trading of Herbalife

A number of hedge funds have recently bought and sold shares of HLF. Van ECK Associates Corp raised its position in Herbalife by 10.3% in the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock valued at $90,000 after purchasing an additional 808 shares during the period. Public Employees Retirement System of Ohio raised 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 during the period. Massachusetts Financial Services Co. MA lifted its stake in Herbalife by 3.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 41,678 shares of the company’s stock worth $433,000 after acquiring an additional 1,399 shares in the last quarter. SummerHaven Investment Management LLC boosted its holdings in Herbalife by 2.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 58,409 shares of the company’s stock valued at $607,000 after acquiring an additional 1,465 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Herbalife by 3.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 51,311 shares of the company’s stock valued at $533,000 after acquiring an additional 1,660 shares during the period.

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.