Herbalife Ltd (NYSE:HLF) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Herbalife Ltd has received an average rating of "Moderate Buy" from five brokerage firms, with two holding ratings and three recommendations to buy.
• The company's stock has an average 12-month price target of $11.50, reflective of recent adjustments made by analysts including Mizuho raising their price objective to $9.00.
• Herbalife's latest quarterly earnings exceeded expectations, reporting an EPS of $0.59, but revenue declined by 1.7% year-over-year, totaling $1.26 billion.

Herbalife Ltd (NYSE:HLF - Get Free Report) has earned an average recommendation of "Moderate Buy" from the five ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $11.50.

A number of research firms have recently commented on HLF. Mizuho raised their price objective on Herbalife from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Wall Street Zen lowered Herbalife from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 28th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Herbalife in a research note on Saturday, September 27th.

Institutional Investors Weigh In On Herbalife

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Herbalife by 10.9% during the 1st quarter. Vanguard Group Inc. now owns 12,495,374 shares of the company's stock valued at $107,835,000 after purchasing an additional 1,223,957 shares in the last quarter. Long Focus Capital Management LLC grew its stake in Herbalife by 3.9% during the 1st quarter. Long Focus Capital Management LLC now owns 4,943,000 shares of the company's stock valued at $42,658,000 after purchasing an additional 184,873 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Herbalife by 13.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,057,219 shares of the company's stock valued at $26,384,000 after purchasing an additional 360,659 shares in the last quarter. Geode Capital Management LLC grew its stake in Herbalife by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 2,810,794 shares of the company's stock valued at $24,231,000 after purchasing an additional 31,077 shares in the last quarter. Finally, Iridian Asset Management LLC CT grew its stake in Herbalife by 10.7% during the 1st quarter. Iridian Asset Management LLC CT now owns 2,775,430 shares of the company's stock valued at $23,952,000 after purchasing an additional 267,690 shares in the last quarter.

Herbalife Trading Down 0.3%

Shares of Herbalife stock traded down $0.03 during trading hours on Friday, reaching $8.67. The stock had a trading volume of 1,603,615 shares, compared to its average volume of 1,300,394. The firm has a 50 day simple moving average of $9.29 and a two-hundred day simple moving average of $8.42. The firm has a market capitalization of $894.38 million, a price-to-earnings ratio of 2.74, a P/E/G ratio of 0.26 and a beta of 0.87. Herbalife has a 1 year low of $5.04 and a 1 year high of $10.83.

Herbalife (NYSE:HLF - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.06. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The company's quarterly revenue was down 1.7% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS. Sell-side analysts forecast that Herbalife will post 1.57 EPS 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.

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