Herbalife (NYSE:HLF) Stock Price Up 6.2% – What’s Next?

Herbalife Ltd. (NYSE:HLF)’s share price was up 6.2% during trading on Monday . The stock traded as high as $8.70 and last traded at $8.83. Approximately 1,137,975 shares were traded during trading, a decline of 59% from the average daily volume of 2,797,262 shares. The stock had previously closed at $8.31.

Wall Street Analyst Weigh In

HLF has been the subject of a number of recent research reports. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a report on Monday, November 4th. DA Davidson reissued a “neutral” rating and set a $7.50 price target on shares of Herbalife in a research report on Thursday. B. Riley dropped their price objective on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Finally, Mizuho increased their price target on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.90.

Herbalife Stock Performance

The firm has a market cap of $884.99 million, a PE ratio of 3.51, a PEG ratio of 0.29 and a beta of 1.15. The firm’s 50 day moving average price is $6.29 and its two-hundred day moving average price is $7.20.

Herbalife (NYSE:HLF) last posted its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.28. Herbalife had a negative return on equity of 20.78% and a net margin of 5.09%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion. On average, analysts forecast that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Perpetual Ltd raised its stake in shares of Herbalife by 107.1% in the 4th quarter. Perpetual Ltd now owns 966,063 shares of the company’s stock valued at $6,463,000 after acquiring an additional 499,572 shares during the period. Barclays PLC grew its stake in shares of Herbalife by 347.0% in the third quarter. Barclays PLC now owns 161,426 shares of the company’s stock valued at $1,160,000 after buying an additional 125,311 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Herbalife by 72.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 168,209 shares of the company’s stock valued at $1,209,000 after buying an additional 70,498 shares during the period. SG Americas Securities LLC boosted its holdings in Herbalife by 83.5% during the 4th quarter. SG Americas Securities LLC now owns 18,884 shares of the company’s stock valued at $126,000 after acquiring an additional 8,591 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Herbalife by 6.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,479,957 shares of the company’s stock valued at $17,831,000 after acquiring an additional 160,792 shares in the last quarter.

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.