StockNews.com Downgrades Herbalife Nutrition (NYSE:HLF) to Hold

Herbalife Nutrition (NYSE:HLF – Get Rating) was downgraded by StockNews.com from a “purchase” score to a “maintain” score in a analysis word issued to traders on Sunday.

Several different equities analysts additionally not too long ago weighed in on HLF. B. Riley reduce their goal worth on Herbalife Nutrition from $50.00 to $41.00 in a analysis report on Wednesday, May 4th. Citigroup reduce their goal worth on Herbalife Nutrition from $46.00 to $36.00 in a analysis report on Wednesday, May 4th. Argus downgraded Herbalife Nutrition from a “purchase” score to a “maintain” score in a analysis report on Tuesday, May seventeenth. Zacks Investment Research downgraded Herbalife Nutrition from a “maintain” score to a “robust promote” score in a analysis report on Friday, May sixth. Finally, Jefferies Financial Group downgraded Herbalife Nutrition from a “purchase” score to a “maintain” score and reduce their goal worth for the corporate from $60.00 to $26.00 in a analysis report on Wednesday, May 4th. One equities analysis analyst has rated the inventory with a promote score, 4 have given a maintain score and three have issued a purchase score to the corporate’s inventory. According to information from MarketBeat.com, Herbalife Nutrition presently has a consensus score of “Hold” and a median goal worth of $39.50.

NYSE:HLF opened at $21.97 on Friday. Herbalife Nutrition has a 1 12 months low of $20.12 and a 1 12 months excessive of $55.78. The inventory’s 50 day easy shifting common is $26.08 and its two-hundred day easy shifting common is $34.82. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 5.89 and a beta of 1.08.

Herbalife Nutrition (NYSE:HLF – Get Rating) final launched its quarterly earnings information on Tuesday, May third. The firm reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Herbalife Nutrition had a destructive return on fairness of 33.49% and a web margin of seven.06%. The enterprise 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 12 months, the corporate posted $1.42 EPS. The firm’s income was down 11.1% in comparison with the identical quarter final 12 months. On common, equities analysis analysts anticipate that Herbalife Nutrition will publish 3.5 EPS for the present fiscal 12 months.

In different information, President John Desimone purchased 43,478 shares of Herbalife Nutrition inventory in a transaction on Wednesday, May eleventh. The inventory was acquired at a median value of $21.54 per share, for a complete transaction of $936,516.12. Following the completion of the acquisition, the president now owns 123,452 shares of the corporate’s inventory, valued at roughly $2,659,156.08. The buy was disclosed in a authorized submitting with the Securities & Exchange Commission, which is on the market at this link. Also, CEO John O. Agwunobi bought 4,222 shares of the inventory in a transaction dated Tuesday, May tenth. The inventory was bought at a median worth of $23.55 per share, for a complete transaction of $99,428.10. Following the completion of the acquisition, the chief government officer now straight owns 134,745 shares within the firm, valued at roughly $3,173,244.75. The disclosure for this buy might be discovered here. Insiders acquired a complete of 63,080 shares of firm inventory valued at $1,372,132 during the last quarter. Company insiders personal 0.66% of the corporate’s inventory.

Several hedge funds have not too long ago modified their holdings of HLF. First Republic Investment Management Inc. lifted its stake in shares of Herbalife Nutrition by 6.1% throughout the first quarter. First Republic Investment Management Inc. now owns 20,505 shares of the corporate’s inventory price $623,000 after shopping for an extra 1,175 shares throughout the interval. Route One Investment Company L.P. raised its stake in Herbalife Nutrition by 10.2% within the 1st quarter. Route One Investment Company L.P. now owns 10,043,232 shares of the corporate’s inventory price $304,913,000 after buying an extra 930,500 shares over the past quarter. Solel Partners LP bought a brand new stake in Herbalife Nutrition throughout the 1st quarter valued at about $3,188,000. Engineers Gate Manager LP elevated its holdings in shares of Herbalife Nutrition by 151.2% within the first quarter. Engineers Gate Manager LP now owns 21,173 shares of the corporate’s inventory valued at $643,000 after buying an extra 12,745 shares throughout the interval. Finally, Graham Capital Management L.P. bought a brand new place in shares of Herbalife Nutrition within the first quarter price about $1,497,000.

Herbalife Nutrition Company Profile (Get Rating)

Herbalife Nutrition Ltd. affords diet options in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and remainder of Asia Pacific. The firm supplies merchandise within the areas of weight administration; focused diet; power, sports activities, and health; and outer diet.

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