Herbalife Ltd (NYSE:HLF) Receives Average Recommendation of “Hold” from Analysts

Shares of Herbalife Ltd (NYSE:HLF) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $17.80.

Several research firms recently issued reports on HLF. Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Mizuho set a $17.00 target price on Herbalife in a report on Monday, May 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Herbalife in a report on Friday, May 8th. Royal Bank Of Canada dropped their target price on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. Finally, Citigroup reiterated a “buy” rating and set a $21.00 target price (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th.

Herbalife Stock Performance

NYSE HLF opened at $12.14 on Wednesday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 5.32, a PEG ratio of 0.75 and a beta of 0.98. The stock’s 50 day moving average price is $15.14 and its two-hundred day moving average price is $14.54. Herbalife has a 52 week low of $6.63 and a 52 week high of $20.40.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the company posted $0.59 earnings per share. Herbalife’s revenue was up 7.8% on a year-over-year basis. On average, equities research analysts forecast that Herbalife will post 2.47 EPS for the current year.

Insider Transactions at Herbalife

In related news, insider Frank Lamberti sold 134,982 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $13.50, for a total transaction of $1,822,257.00. Following the sale, the insider owned 36,624 shares in the company, valued at approximately $494,424. This represents a 78.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.13% of the company’s stock.

Hedge Funds Weigh In On Herbalife

Institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new position in Herbalife during the fourth quarter worth approximately $32,000. KBC Group NV acquired a new position in Herbalife during the first quarter worth approximately $44,000. Aster Capital Management DIFC Ltd acquired a new position in Herbalife during the third quarter worth approximately $35,000. EverSource Wealth Advisors LLC increased its position in Herbalife by 512.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 6,544 shares of the company’s stock worth $84,000 after buying an additional 5,476 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Herbalife during the third quarter worth approximately $65,000.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.