“Herbalife (HLF) has been reiterated by TheStreet Ratings as a buy with a ratings score of B- . The company’s strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”
,” the firm’s analyst wrote.
Herbalife opened at 41.50 on Thursday. Herbalife has a 1-year low of $24.24 and a 1-year high of $73.00. The stock’s 50-day moving average is currently $38.70. The company has a market cap of $4.278 billion and a price-to-earnings ratio of 10.25.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, March 19th. Investors of record on Tuesday, March 5th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Friday, March 1st.
Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott raised their price target on shares of Herbalife from $44.00 to $45.00 in a research note to investors on Thursday, February 21st. They now have a neutral rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Herbalife from $76.00 to $63.00 in a research note to investors on Thursday, February 21st. They now have a buy rating on the stock. Finally, analysts at DA Davidson reiterated a buy rating on shares of Herbalife in a research note to investors on Wednesday, February 20th. They now have a $78.00 price target on the stock.
Six investment analysts have rated the stock with a buy rating, and three have assigned a hold rating to the company’s stock. The stock has a consensus rating of overweight and an average price target of $61.43.
Herbalife Ltd. is a global network marketing company that sells weight management, nutritional supplements, energy, sports and fitness products and personal care products through a network of approximately 2.
To view TheStreet’s full report, visit www.thestreetratings.com
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