Herbalife Nutrition Ltd (NYSE:HLF) has earned an average rating of “Hold” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $52.50.
HLF has been the topic of a number of analyst reports. ValuEngine upgraded Xylem from a “hold” rating to a “buy” rating in a research note on Friday, June 21st. BMO Capital Markets upped their price objective on PACCAR to $70.00 and gave the stock a “market perform” rating in a research note on Friday, May 17th. Citigroup set a $47.00 price objective on Quanta Services and gave the stock a “buy” rating in a research note on Friday, May 3rd. Finally, Argus cut Herbalife Nutrition from a “buy” rating to a “hold” rating in a research note on Wednesday, April 10th.
In related news, SVP Edi Hienrich sold 738 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $47.62, for a total transaction of $35,143.56. Following the transaction, the senior vice president now directly owns 22,246 shares of the company’s stock, valued at approximately $1,059,354.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.31% of the stock is currently owned by insiders.
Shares of Herbalife Nutrition stock traded down $1.03 on Tuesday, reaching $40.97. 2,148,351 shares of the company were exchanged, compared to its average volume of 2,243,199. Herbalife Nutrition has a one year low of $39.47 and a one year high of $61.77. The firm has a market cap of $6.19 billion, a P/E ratio of 14.23 and a beta of 0.50. The firm’s 50-day moving average is $42.67.
Herbalife Nutrition (NYSE:HLF) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). Herbalife Nutrition had a negative return on equity of 56.65% and a net margin of 6.36%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the prior year, the company earned $0.54 EPS. The company’s revenue for the quarter was down .4% on a year-over-year basis. On average, sell-side analysts predict that Herbalife Nutrition will post 2.9 EPS for the current fiscal year.
About Herbalife Nutrition
Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.
Receive News & Ratings for Herbalife Nutrition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herbalife Nutrition and related companies with MarketBeat.com's FREE daily email newsletter.