Herbalife Ltd. (NYSE:HLF) Receives $9.90 Consensus Target Price from Analysts

Herbalife Ltd. (NYSE:HLF) has received a consensus recommendation of “Hold” from the five research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $9.90.

A number of equities research analysts recently issued reports on the stock. B. Riley decreased their price target on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. DA Davidson decreased their price target on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. StockNews.com raised shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Citigroup decreased their price target on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Mizuho upped their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of Montreal Can grew its holdings in Herbalife by 15.3% during the 2nd quarter. Bank of Montreal Can now owns 3,776,641 shares of the company’s stock worth $41,354,000 after acquiring an additional 500,876 shares in the last quarter. Long Focus Capital Management LLC grew its holdings in Herbalife by 11.3% during the 2nd quarter. Long Focus Capital Management LLC now owns 3,202,982 shares of the company’s stock worth $33,279,000 after acquiring an additional 323,969 shares in the last quarter. Geode Capital Management LLC grew its holdings in Herbalife by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,615,514 shares of the company’s stock worth $18,809,000 after acquiring an additional 105,431 shares in the last quarter. Iridian Asset Management LLC CT grew its holdings in Herbalife by 12.5% during the 4th quarter. Iridian Asset Management LLC CT now owns 2,507,740 shares of the company’s stock worth $16,777,000 after acquiring an additional 279,547 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Herbalife by 6.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,479,957 shares of the company’s stock worth $17,831,000 after acquiring an additional 160,792 shares in the last quarter.

Herbalife Stock Performance

Shares of NYSE:HLF opened at $5.78 on Friday. The firm has a fifty day moving average price of $7.04 and a 200 day moving average price of $7.89. Herbalife has a fifty-two week low of $5.68 and a fifty-two week high of $12.81. The firm has a market cap of $582.06 million, a price-to-earnings ratio of 6.79, a P/E/G ratio of 0.22 and a beta of 1.18.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, October 30th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.38. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.23 billion. As a group, research analysts predict that Herbalife will post 1.51 earnings per share for the current year.

Herbalife Company Profile

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.