Herbalife Nutrition (HLF) Updates FY19 Earnings Guidance

Herbalife Nutrition (NYSE:HLF) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.70-3.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.28. The company issued revenue guidance of ~$5.02-5.21 billion (+2.8-6.8%), compared to the consensus revenue estimate of $5.20 billion.Herbalife Nutrition also updated its FY 2018 guidance to $2.74-2.84 EPS.

Several research firms recently weighed in on HLF. Zacks Investment Research upgraded Herbalife Nutrition from a hold rating to a buy rating and set a $65.00 price objective for the company in a report on Friday, August 3rd. Pivotal Research restated a buy rating and issued a $75.00 price objective on shares of Herbalife Nutrition in a report on Thursday, October 25th. ValuEngine upgraded Herbalife Nutrition from a hold rating to a buy rating in a report on Tuesday, October 16th. Finally, Jefferies Financial Group began coverage on Herbalife Nutrition in a report on Thursday, October 11th. They issued a buy rating and a $65.00 price objective for the company. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $60.92.

HLF traded up $0.40 on Tuesday, hitting $54.69. The company had a trading volume of 1,335,881 shares, compared to its average volume of 1,847,891. Herbalife Nutrition has a 12-month low of $32.13 and a 12-month high of $60.41. The firm has a market capitalization of $8.45 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 1.10 and a beta of 0.67.



Herbalife Nutrition (NYSE:HLF) last posted its earnings results on Wednesday, August 1st. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.12. Herbalife Nutrition had a negative return on equity of 140.85% and a net margin of 3.61%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the firm earned $1.51 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, research analysts predict that Herbalife Nutrition will post 2.8 earnings per share for the current fiscal year.

In other Herbalife Nutrition news, EVP Alan L. Hoffman sold 55,576 shares of Herbalife Nutrition stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $57.50, for a total value of $3,195,620.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeff Dunn sold 17,440 shares of Herbalife Nutrition stock in a transaction dated Friday, August 3rd. The shares were sold at an average price of $58.53, for a total value of $1,020,763.20. The disclosure for this sale can be found here. Insiders sold 205,961 shares of company stock worth $11,578,487 in the last quarter. 6.19% of the stock is owned by insiders.

About Herbalife Nutrition

Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

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Earnings History and Estimates for Herbalife Nutrition (NYSE:HLF)

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