Herbalife Ltd. (NYSE:HLF) Receives $12.33 Consensus PT from Analysts

Shares of Herbalife Ltd. (NYSE:HLF) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $12.33.

HLF has been the topic of a number of recent analyst reports. DA Davidson upped their price target on shares of Herbalife from $9.50 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Mizuho lifted their price target on shares of Herbalife from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Friday, June 7th. Finally, B. Riley boosted their price target on Herbalife from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st.

Insiders Place Their Bets

In other Herbalife news, Director Juan Miguel Mendoza purchased 10,000 shares of the stock in a transaction dated Monday, September 9th. The shares were acquired at an average cost of $7.11 per share, for a total transaction of $71,100.00. Following the completion of the transaction, the director now directly owns 120,000 shares of the company’s stock, valued at $853,200. The purchase was disclosed in a filing with the SEC, which is available at this link. 0.94% of the stock is currently owned by company insiders.

Institutional Trading of Herbalife

A number of large investors have recently made changes to their positions in HLF. GAMMA Investing LLC raised its stake in Herbalife by 465.3% in the 2nd quarter. GAMMA Investing LLC now owns 3,533 shares of the company’s stock valued at $37,000 after purchasing an additional 2,908 shares during the last quarter. nVerses Capital LLC grew its holdings in shares of Herbalife by 240.0% during the second quarter. nVerses Capital LLC now owns 5,100 shares of the company’s stock worth $53,000 after buying an additional 3,600 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Herbalife by 22.9% in the first 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 last quarter. Van ECK Associates Corp lifted its stake in shares of Herbalife by 10.3% during the second quarter. Van ECK Associates Corp now owns 8,684 shares of the company’s stock valued at $90,000 after buying an additional 808 shares during the period. Finally, Foundry Partners LLC purchased a new position in shares of Herbalife during the first quarter valued at approximately $105,000.

Herbalife Stock Performance

HLF stock opened at $7.42 on Friday. The stock has a market capitalization of $741.76 million, a PE ratio of 5.42 and a beta of 1.20. The company has a fifty day moving average of $8.82 and a 200-day moving average of $9.62. Herbalife has a one year low of $6.68 and a one year high of $15.71.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.33 billion. Herbalife had a negative return on equity of 18.69% and a net margin of 1.63%. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.74 EPS. Equities analysts forecast that Herbalife will post 1.34 earnings per share for the current fiscal year.

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.