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

Herbalife Ltd. (NYSE:HLF) has received a consensus recommendation of “Hold” from the five ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $9.90.

Several research analysts have issued reports on HLF shares. B. Riley dropped their price target on Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Mizuho upped their price target on Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Citigroup dropped their price target on Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, October 25th. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $7.50 price target on shares of Herbalife in a report on Thursday.

Institutional Trading of Herbalife

Several large investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC raised its stake in Herbalife by 3.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 44,790 shares of the company’s stock valued at $300,000 after purchasing an additional 1,636 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Herbalife by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 57,441 shares of the company’s stock valued at $384,000 after purchasing an additional 2,516 shares during the period. Swiss National Bank raised its stake in Herbalife by 1.6% during the 4th quarter. Swiss National Bank now owns 198,172 shares of the company’s stock valued at $1,326,000 after purchasing an additional 3,100 shares during the period. Cinctive Capital Management LP raised its stake in Herbalife by 3.6% during the 3rd quarter. Cinctive Capital Management LP now owns 92,138 shares of the company’s stock valued at $662,000 after purchasing an additional 3,170 shares during the period. Finally, Inspire Investing LLC raised its stake in Herbalife by 6.1% during the 4th quarter. Inspire Investing LLC now owns 59,879 shares of the company’s stock valued at $401,000 after purchasing an additional 3,458 shares during the period.

Herbalife Stock Up 43.4 %

HLF traded up $2.44 during trading on Thursday, reaching $8.06. The stock had a trading volume of 23,878,349 shares, compared to its average volume of 2,760,751. The firm has a market capitalization of $812.37 million, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 0.21 and a beta of 1.15. Herbalife has a 1-year low of $5.04 and a 1-year high of $12.79. The stock has a 50 day moving average of $6.26 and a two-hundred day moving average of $7.23.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.28. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Herbalife had a negative return on equity of 18.66% and a net margin of 1.73%.

About Herbalife

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.