Q4 2022 EPS Estimates for Herbalife Nutrition Ltd. (NYSE:HLF) Decreased by B. Riley

Herbalife Nutrition Ltd. (NYSE:HLF – Get Rating) – Research analysts at B. Riley lowered their This fall 2022 earnings estimates for Herbalife Nutrition in a report launched on Wednesday, May 4th. B. Riley analyst J. Van. Sinderen now anticipates that the corporate will submit earnings of $0.92 per share for the quarter, down from their earlier forecast of $1.04.

Several different analysis analysts have additionally just lately weighed in on the inventory. Citigroup lowered their worth goal on shares of Herbalife Nutrition from $46.00 to $36.00 in a analysis report on Wednesday. StockNews.com raised shares of Herbalife Nutrition from a “maintain” ranking to a “purchase” ranking in a analysis report on Sunday, April tenth. Zacks Investment Research raised shares of Herbalife Nutrition from a “promote” ranking to a “maintain” ranking in a analysis report on Tuesday, April twenty sixth. Finally, Jefferies Financial Group reduce shares of Herbalife Nutrition from a “purchase” ranking to a “maintain” ranking and decreased their goal worth for the corporate from $60.00 to $26.00 in a analysis report on Wednesday. Three funding analysts have rated the inventory with a maintain ranking and 4 have issued a purchase ranking to the corporate. According to information from MarketBeat, Herbalife Nutrition has a median ranking of “Buy” and a consensus worth goal of $39.50.

Shares of HLF stock opened at $24.69 on Friday. The firm’s 50-day transferring common worth is $31.07 and its 200-day transferring common worth is $38.08. The inventory has a market cap of $2.71 billion, a price-to-earnings ratio of 6.72 and a beta of 1.07. Herbalife Nutrition has a twelve month low of $23.75 and a twelve month excessive of $55.78.

Herbalife Nutrition (NYSE:HLF – Get Rating) final introduced its quarterly earnings outcomes on Tuesday, May third. The firm reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.09. The agency had income of $1.34 billion for the quarter, in comparison with analysts’ expectations of $1.38 billion. Herbalife Nutrition had a internet margin of seven.06% and a unfavorable return on fairness of 34.21%. The firm’s income was down 11.1% in comparison with the identical quarter final 12 months. During the identical quarter within the earlier 12 months, the corporate posted $1.42 EPS.

Several institutional traders and hedge funds have just lately modified their holdings of the corporate. New York State Common Retirement Fund lifted its place in shares of Herbalife Nutrition by 12.4% through the first quarter. New York State Common Retirement Fund now owns 122,730 shares of the corporate’s inventory price $3,726,000 after buying a further 13,528 shares within the final quarter. Advisor Group Holdings Inc. lifted its place in shares of Herbalife Nutrition by 50.0% through the first quarter. Advisor Group Holdings Inc. now owns 4,243 shares of the corporate’s inventory price $128,000 after buying a further 1,415 shares within the final quarter. Hussman Strategic Advisors Inc. lifted its place in shares of Herbalife Nutrition by 20.0% through the first quarter. Hussman Strategic Advisors Inc. now owns 31,200 shares of the corporate’s inventory price $947,000 after buying a further 5,200 shares within the final quarter. Envestnet Asset Management Inc. lifted its place in shares of Herbalife Nutrition by 6.5% through the first quarter. Envestnet Asset Management Inc. now owns 12,308 shares of the corporate’s inventory price $374,000 after buying a further 747 shares within the final quarter. Finally, Factorial Partners LLC lifted its place in shares of Herbalife Nutrition by 25.0% through the first quarter. Factorial Partners LLC now owns 15,000 shares of the corporate’s inventory price $455,000 after buying a further 3,000 shares within the final quarter.

About Herbalife Nutrition (Get Rating)

Herbalife Nutrition Ltd. provides vitamin 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 vitamin; vitality, sports activities, and health; and outer vitamin.

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