Herbalife Nutrition (NYSE:HLF) Upgraded at StockNews.com


StockNews.com upgraded shares of Herbalife Nutrition (NYSE:HLFGet Rating) from a maintain ranking to a purchase ranking in a analysis be aware issued to buyers on Sunday.

Other equities analysts have additionally just lately issued stories in regards to the inventory. Zacks Investment Research raised shares of Herbalife Nutrition from a promote ranking to a maintain ranking in a analysis report on Wednesday, February twenty third. B. Riley decreased their value goal on shares of Herbalife Nutrition from $58.00 to $50.00 in a analysis report on Thursday, February twenty fourth. Two analysts have rated the inventory with a maintain ranking and 5 have assigned a purchase ranking to the inventory. Based on knowledge from MarketBeat, the inventory presently has a consensus ranking of Buy and a median value goal of $50.17.

Shares of HLF opened at $30.27 on Friday. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of seven.38 and a beta of 1.05. Herbalife Nutrition has a 1-year low of $28.73 and a 1-year excessive of $55.78. The firm’s fifty day easy shifting common is $35.54 and its 200 day easy shifting common is $39.84.

Herbalife Nutrition (NYSE:HLFGet Rating) final launched its quarterly earnings knowledge on Wednesday, February twenty third. The firm reported $0.57 EPS for the quarter, lacking the Zacks’ consensus estimate of $0.59 by ($0.02). Herbalife Nutrition had a detrimental return on fairness of 38.29% and a web margin of seven.71%. The firm had income of $1.32 billion for the quarter, in comparison with the consensus estimate of $1.36 billion. During the identical interval final yr, the agency earned $0.71 earnings per share. The firm’s income for the quarter was down 6.6% in comparison with the identical quarter final yr. On common, analysts predict that Herbalife Nutrition will put up 4.21 earnings per share for the present yr.

Several institutional buyers have just lately made modifications to their positions in HLF. Morgan Stanley lifted its place in Herbalife Nutrition by 28.8% in the course of the second quarter. Morgan Stanley now owns 317,348 shares of the corporate’s inventory value $16,734,000 after buying an extra 70,957 shares in the course of the interval. New York State Teachers Retirement System lifted its place in Herbalife Nutrition by 14.1% in the course of the third quarter. New York State Teachers Retirement System now owns 8,900 shares of the corporate’s inventory value $377,000 after buying an extra 1,100 shares in the course of the interval. Westpac Banking Corp lifted its place in Herbalife Nutrition by 33.3% in the course of the third quarter. Westpac Banking Corp now owns 9,995 shares of the corporate’s inventory value $424,000 after buying an extra 2,495 shares in the course of the interval. Victory Capital Management Inc. lifted its place in Herbalife Nutrition by 34.8% in the course of the third quarter. Victory Capital Management Inc. now owns 532,379 shares of the corporate’s inventory value $22,562,000 after buying an extra 137,327 shares in the course of the interval. Finally, Treasurer of the State of North Carolina lifted its place in Herbalife Nutrition by 1.2% in the course of the third quarter. Treasurer of the State of North Carolina now owns 37,805 shares of the corporate’s inventory value $1,602,000 after buying an extra 439 shares in the course of the interval.

About Herbalife Nutrition (Get Rating)

Herbalife Nutrition Ltd. is a holding firm, which engages within the growth and sale of diet options. It operates by means of the next segments: North America, Mexico, South and Central America, Europe, Middle East, and Africa, Asia pacific, and China. The firm was based by Mark Reynolds Hughes in February 1980 and is headquartered in George Town, Cayman Islands.

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Analyst Recommendations for Herbalife Nutrition (NYSE:HLF)



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