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

Shares of Herbalife Ltd. (NYSE:HLF) have been assigned a consensus rating of “Moderate Buy” from the four analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $12.00.

Several analysts recently commented on HLF shares. DA Davidson raised shares of Herbalife from a “neutral” rating to a “buy” rating and increased their target price for the company from $7.50 to $14.00 in a research note on Friday. StockNews.com raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research note on Friday.

Insider Transactions at Herbalife

In other Herbalife news, Director Juan Miguel Mendoza acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average price of $8.25 per share, with a total value of $41,250.00. Following the completion of the transaction, the director now owns 132,500 shares in the company, valued at $1,093,125. The trade was a 3.92 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.73% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Herbalife

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Q Global Advisors LLC bought a new position in Herbalife during the fourth quarter valued at approximately $2,438,000. Mackenzie Financial Corp bought a new position in Herbalife during the fourth quarter valued at approximately $960,000. Public Employees Retirement System of Ohio raised its position in Herbalife by 341.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 149,476 shares of the company’s stock valued at $1,000,000 after acquiring an additional 115,578 shares in the last quarter. PharVision Advisers LLC bought a new position in Herbalife during the fourth quarter valued at approximately $720,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Herbalife by 21.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 204,157 shares of the company’s stock valued at $1,366,000 after acquiring an additional 35,948 shares in the last quarter.

Herbalife Trading Up 5.3 %

Shares of NYSE:HLF opened at $8.42 on Monday. The company has a 50 day moving average of $6.97 and a 200-day moving average of $7.22. The firm has a market cap of $852.89 million, a P/E ratio of 3.38, a P/E/G ratio of 0.29 and a beta of 1.03. Herbalife has a twelve month low of $5.04 and a twelve month high of $12.79.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, February 19th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.08 by $0.28. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.19 billion. Equities research analysts forecast that Herbalife will post 1.57 EPS for the current year.

About Herbalife

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.