Herbalife (HLF) – Research Analysts’ Recent Ratings Changes

Herbalife (NYSE: HLF) recently received a number of ratings updates from brokerages and research firms:

• 11/4/2024 – Herbalife was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/1/2024 – Herbalife had its price target raised by analysts at Mizuho from $8.00 to $9.00. They now have a “neutral” rating on the stock.
• 10/31/2024 – Herbalife had its price target lowered by analysts at DA Davidson from $13.00 to $7.50. They now have a “neutral” rating on the stock.
• 10/31/2024 – Herbalife had its price target lowered by analysts at B. Riley from $17.00 to $12.00. They now have a “buy” rating on the stock.
• 10/25/2024 – Herbalife had its price target lowered by analysts at Citigroup Inc. from $16.00 to $13.00. They now have a “buy” rating on the stock.
• 10/22/2024 – Herbalife was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/14/2024 – Herbalife was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Herbalife Price Performance

NYSE:HLF opened at $8.20 on Thursday. The stock has a market cap of $826.48 million, a P/E ratio of 9.65, a PEG ratio of 0.29 and a beta of 1.17. The business’s 50-day moving average price is $7.32 and its two-hundred day moving average price is $9.26. Herbalife Ltd. has a twelve month low of $6.59 and a twelve month high of $15.66.

Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.38. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.23 billion. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. On average, equities research analysts expect that Herbalife Ltd. will post 1.51 EPS for the current fiscal year.

Insider Buying and Selling

In other Herbalife news, Director Juan Miguel Mendoza acquired 10,000 shares of the company’s stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $7.11 per share, for a total transaction of $71,100.00. Following the acquisition, the director now owns 120,000 shares in the company, valued at $853,200. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have acquired a total of 25,000 shares of company stock worth $199,475 in the last 90 days. 0.94% of the stock is owned by company insiders.

Institutional Trading of Herbalife

Institutional investors and hedge funds have recently bought and sold shares of the stock. Baupost Group LLC MA lifted its position in Herbalife by 128.3% during the 2nd quarter. Baupost Group LLC MA now owns 5,124,526 shares of the company’s stock valued at $53,244,000 after acquiring an additional 2,879,603 shares during the period. Marshall Wace LLP grew its stake in shares of Herbalife by 2,053.6% in the second quarter. Marshall Wace LLP now owns 1,977,155 shares of the company’s stock worth $20,543,000 after acquiring an additional 1,885,346 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Herbalife by 3,832.5% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,157,309 shares of the company’s stock worth $11,631,000 after purchasing an additional 1,127,880 shares during the period. Renaissance Technologies LLC increased its position in Herbalife by 11.6% during the second quarter. Renaissance Technologies LLC now owns 6,653,401 shares of the company’s stock valued at $69,129,000 after acquiring an additional 692,800 shares during the last quarter. Finally, Iridian Asset Management LLC CT increased its position in shares of Herbalife by 43.7% during the 3rd quarter. Iridian Asset Management LLC CT now owns 2,228,193 shares of the company’s stock valued at $16,021,000 after purchasing an additional 677,739 shares during the last quarter.

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.