Herbalife LTD. (NYSE:HLF) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, August 8th.
Several other research analysts also recently commented on HLF. SunTrust Banks, Inc. set a $67.00 target price on Herbalife LTD. and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a report on Thursday, August 3rd. ValuEngine upgraded Herbalife LTD. from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Citigroup Inc. set a $72.00 price target on Herbalife LTD. and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Finally, Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a report on Tuesday, June 6th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Herbalife LTD. presently has an average rating of “Buy” and a consensus target price of $83.00.
Shares of Herbalife LTD. (NYSE HLF) opened at 61.95 on Tuesday. Herbalife LTD. has a one year low of $47.62 and a one year high of $74.49. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 13.03 and a beta of 1.20. The firm’s 50-day moving average is $68.50 and its 200-day moving average is $64.45.
Herbalife LTD. (NYSE:HLF) last issued its earnings results on Tuesday, August 1st. The company reported $1.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.41. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The business’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 earnings per share. Analysts expect that Herbalife LTD. will post $4.71 EPS for the current fiscal year.
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Institutional investors have recently bought and sold shares of the company. Eagle Boston Investment Management Inc. boosted its position in Herbalife LTD. by 5.4% in the first quarter. Eagle Boston Investment Management Inc. now owns 104,169 shares of the company’s stock worth $6,056,000 after buying an additional 5,379 shares during the last quarter. Sei Investments Co. boosted its position in Herbalife LTD. by 6.6% in the first quarter. Sei Investments Co. now owns 12,845 shares of the company’s stock worth $747,000 after buying an additional 797 shares during the last quarter. Karp Capital Management Corp acquired a new position in Herbalife LTD. during the first quarter worth about $1,371,000. UBS Asset Management Americas Inc. boosted its position in Herbalife LTD. by 7.8% in the first quarter. UBS Asset Management Americas Inc. now owns 59,529 shares of the company’s stock worth $3,461,000 after buying an additional 4,294 shares during the last quarter. Finally, World Asset Management Inc acquired a new position in Herbalife LTD. during the first quarter worth about $227,000.
Herbalife LTD. Company Profile
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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