Herbalife Ltd. (NYSE:HLF) Given Average Rating of “Hold” by Brokerages

Shares of Herbalife Ltd. (NYSE:HLF) have been given a consensus rating of “Hold” by the five research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $9.90.

Several research firms recently weighed in on HLF. DA Davidson reissued a “neutral” rating and set a $7.50 price target on shares of Herbalife in a report on Thursday, February 20th. B. Riley dropped their target price on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Mizuho upped their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Finally, StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HLF. Q Global Advisors LLC bought a new stake in Herbalife during the fourth quarter worth about $2,438,000. Mackenzie Financial Corp acquired a new position in shares of Herbalife in the 4th quarter valued at approximately $960,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Herbalife by 341.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 149,476 shares of the company’s stock worth $1,000,000 after acquiring an additional 115,578 shares during the period. PharVision Advisers LLC acquired a new stake in shares of Herbalife during the 4th quarter worth approximately $720,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Herbalife by 21.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 204,157 shares of the company’s stock valued at $1,366,000 after acquiring an additional 35,948 shares during the last quarter.

Herbalife Price Performance

NYSE:HLF opened at $8.61 on Thursday. The company has a market cap of $870.80 million, a P/E ratio of 3.46, a P/E/G ratio of 0.29 and a beta of 1.15. The firm’s fifty day moving average price is $6.34 and its two-hundred day moving average price is $7.19. Herbalife has a one year low of $5.04 and a one year high of $12.79.

Herbalife (NYSE:HLF) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.28. The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. As a group, equities research analysts expect that Herbalife will post 1.57 earnings per share for the current year.

Herbalife Company Profile

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.