Shares of Herbalife Nutrition Ltd. (NYSE:HLF – Get Rating) have been assigned a consensus ranking of “Moderate Buy” from the six brokerages which are presently protecting the corporate, MarketBeat experiences. Two analysts have rated the inventory with a maintain ranking and 4 have given a purchase ranking to the corporate. The common 12-month value goal amongst brokers which have up to date their protection on the inventory within the final 12 months is $24.25.
Several brokerages have issued experiences on HLF. B. Riley dropped their goal value on Herbalife Nutrition from $38.00 to $31.00 and set a “purchase” ranking on the inventory in a analysis report on Tuesday, November 1st. StockNews.com started protection on Herbalife Nutrition in a analysis report on Wednesday, October twelfth. They set a “purchase” ranking on the inventory. Finally, Citigroup dropped their goal value on Herbalife Nutrition from $30.00 to $26.00 and set a “purchase” ranking on the inventory in a analysis report on Tuesday, November 1st.
Herbalife Nutrition Stock Down 2.9 %
NYSE HLF opened at $16.46 on Friday. The agency has a market cap of $1.61 billion, a price-to-earnings ratio of 5.41 and a beta of 1.13. Herbalife Nutrition has a twelve month low of $12.04 and a twelve month excessive of $45.80. The enterprise has a 50-day transferring common value of $15.53 and a 200-day transferring common value of $20.72.
Herbalife Nutrition (NYSE:HLF – Get Rating) final issued its quarterly earnings knowledge on Monday, October thirty first. The firm reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.17. Herbalife Nutrition had a detrimental return on fairness of 24.55% and a internet margin of 5.71%. The enterprise had income of $1.30 billion for the quarter, in comparison with the consensus estimate of $1.30 billion. During the identical interval within the prior 12 months, the enterprise posted $1.21 earnings per share. The firm’s quarterly income was down 9.5% in comparison with the identical quarter final 12 months. Research analysts count on that Herbalife Nutrition will publish 2.94 EPS for the present fiscal 12 months.
Insider Activity
In different Herbalife Nutrition information, EVP Henry C. Wang acquired 2,500 shares of the agency’s inventory in a transaction dated Friday, December ninth. The inventory was bought at a mean value of $12.74 per share, for a complete transaction of $31,850.00. Following the acquisition, the manager vice chairman now owns 41,080 shares within the firm, valued at roughly $523,359.20. The buy was disclosed in a doc filed with the SEC, which may be accessed via this hyperlink. In different information, main shareholder Windacre Partnership Master Fu offered 205,000 shares of the inventory in a transaction on Wednesday, November 2nd. The inventory was offered at a mean value of $17.56, for a complete transaction of $3,599,800.00. Following the completion of the sale, the insider now owns 9,778,500 shares within the firm, valued at roughly $171,710,460. The sale was disclosed in a doc filed with the SEC, which is accessible via the SEC website. Also, EVP Henry C. Wang acquired 2,500 shares of the agency’s inventory in a transaction dated Friday, December ninth. The shares had been acquired at a mean value of $12.74 per share, with a complete worth of $31,850.00. Following the acquisition, the manager vice chairman now owns 41,080 shares within the firm, valued at roughly $523,359.20. The disclosure for this buy may be discovered here. In the final quarter, insiders acquired 26,175 shares of firm inventory price $332,526. Insiders personal 0.66% of the corporate’s inventory.
Hedge Funds Weigh In On Herbalife Nutrition
Hedge funds and different institutional traders have lately added to or decreased their stakes within the firm. Wipfli Financial Advisors LLC bought a brand new place in Herbalife Nutrition within the third quarter price $31,000. Eagle Bay Advisors LLC raised its stake in Herbalife Nutrition by 87.6% within the third quarter. Eagle Bay Advisors LLC now owns 1,799 shares of the corporate’s inventory price $35,000 after buying an extra 840 shares over the past quarter. Platinum Investment Management Ltd. raised its stake in Herbalife Nutrition by 61.1% within the 2nd quarter. Platinum Investment Management Ltd. now owns 3,695 shares of the corporate’s inventory price $76,000 after buying an extra 1,401 shares over the past quarter. Advisor Group Holdings Inc. raised its stake in Herbalife Nutrition by 50.0% within the 1st quarter. Advisor Group Holdings Inc. now owns 4,243 shares of the corporate’s inventory price $128,000 after buying an extra 1,415 shares over the past quarter. Finally, Nisa Investment Advisors LLC raised its stake in Herbalife Nutrition by 59.1% within the 2nd quarter. Nisa Investment Advisors LLC now owns 4,847 shares of the corporate’s inventory price $99,000 after buying an extra 1,800 shares over the past quarter. Hedge funds and different institutional traders personal 98.91% of the corporate’s inventory.
Herbalife Nutrition Company Profile
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; vitality, sports activities, and health; and outer diet.
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