Several different analysis companies have additionally weighed in on HLF. Citigroup dropped their value goal on Herbalife Nutrition from $46.00 to $36.00 in a analysis report on Wednesday, May 4th. Argus lower Herbalife Nutrition from a “purchase” score to a “maintain” score in a analysis report on Tuesday. Zacks Investment Research downgraded Herbalife Nutrition from a “maintain” score to a “robust promote” score in a analysis observe on Friday, May sixth. B. Riley decreased their value goal on shares of Herbalife Nutrition from $50.00 to $41.00 in a analysis observe on Wednesday, May 4th. Finally, Jefferies Financial Group downgraded Herbalife Nutrition from a “purchase” score to a “maintain” score and lowered their value goal for the corporate from $60.00 to $26.00 in a report on Wednesday, May 4th. One analysis analyst has rated the inventory with a promote score, 4 have given a maintain score and three have assigned a purchase score to the corporate. According to MarketBeat, Herbalife Nutrition at present has a mean score of “Hold” and a mean value goal of $39.50.
Shares of NYSE HLF traded up $0.33 throughout mid-day buying and selling on Friday, reaching $21.89. The firm had a buying and selling quantity of 1,411,224 shares, in comparison with its common quantity of 1,453,139. The firm has a 50-day shifting common value of $28.32 and a two-hundred day shifting common value of $36.30. The inventory has a market cap of $2.37 billion, a PE ratio of 5.87 and a beta of 1.07. Herbalife Nutrition has a 1-year low of $21.06 and a 1-year excessive of $55.78.
Herbalife Nutrition (NYSE:HLF – Get Rating) final posted its quarterly earnings knowledge on Tuesday, May third. The firm reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.12. Herbalife Nutrition had a unfavourable return on fairness of 33.49% and a internet margin of seven.06%. The agency had income of $1.34 billion for the quarter, in comparison with the consensus estimate of $1.38 billion. During the identical quarter within the earlier yr, the corporate earned $1.42 EPS. The enterprise’s income for the quarter was down 11.1% in comparison with the identical quarter final yr. Sell-side analysts predict that Herbalife Nutrition will publish 3.5 earnings per share for the present fiscal yr.
In different Herbalife Nutrition information, CEO John O. Agwunobi purchased 4,222 shares of the corporate’s inventory in a transaction on Tuesday, May tenth. The inventory was purchased at a mean value of $23.55 per share, for a complete transaction of $99,428.10. Following the transaction, the chief govt officer now owns 134,745 shares of the corporate’s inventory, valued at roughly $3,173,244.75. The buy was disclosed in a doc filed with the SEC, which might be accessed by means of the SEC website. Also, EVP Alan L. Hoffman purchased 4,540 shares of the enterprise’s inventory in a transaction on Tuesday, May seventeenth. The inventory was purchased at a mean price of $21.97 per share, for a complete transaction of $99,743.80. Following the acquisition, the chief vice chairman now immediately owns 57,218 shares of the corporate’s inventory, valued at roughly $1,257,079.46. The disclosure for this buy might be discovered here. In the final ninety days, insiders purchased 58,080 shares of firm inventory value $1,269,132. 0.66% of the inventory is owned by insiders.
Several massive buyers have not too long ago made modifications to their positions within the inventory. First Republic Investment Management Inc. grew its holdings in shares of Herbalife Nutrition by 6.1% within the 1st quarter. First Republic Investment Management Inc. now owns 20,505 shares of the corporate’s inventory valued at $623,000 after shopping for an extra 1,175 shares in the course of the interval. Route One Investment Company L.P. elevated its stake in Herbalife Nutrition by 10.2% in the course of the 1st quarter. Route One Investment Company L.P. now owns 10,043,232 shares of the corporate’s inventory value $304,913,000 after buying an extra 930,500 shares within the final quarter. Solel Partners LP acquired a brand new stake in Herbalife Nutrition in the course of the 1st quarter value roughly $3,188,000. Engineers Gate Manager LP elevated its place in shares of Herbalife Nutrition by 151.2% in the course of the first quarter. Engineers Gate Manager LP now owns 21,173 shares of the corporate’s inventory value $643,000 after buying an extra 12,745 shares within the final quarter. Finally, Graham Capital Management L.P. acquired a brand new stake in shares of Herbalife Nutrition within the 1st quarter valued at about $1,497,000.
About Herbalife Nutrition (Get Rating)
Herbalife Nutrition Ltd. provides diet options in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and remainder of Asia Pacific. The firm gives merchandise within the areas of weight administration; focused diet; power, sports activities, and health; and outer diet.
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