Herbalife LTD. (HLF) to Release Quarterly Earnings on Tuesday

Paterniano Del Favero
Agosto 1, 2017

Pivotal Research reiterated a "buy" rating and issued a $120.00 target price on shares of Herbalife LTD.in a report on Thursday, July 20th.

According to Zacks, "Herbalife is a global network marketing company offering a range of science-based weight management products, nutritional supplements and personal care products meant to support weight loss and a healthy lifestyle".

Several research analysts recently weighed in on HLF shares. Sterne Agee CRT initiated the shares of HLF in report on Tuesday, July 21 with "Neutral" rating.

05/31/2017 - Herbalife LTD. had its " rating reiterated by analysts at Citigroup. Herbalife LTD. now has a consensus rating of "Buy" and a consensus target price of $80.75. Pivotal Research lowered their price target on shares of Herbalife LTD. from $105.00 to $90.00 and set a buy rating on the stock in a research note on Friday, May 5th. TheStreet upgraded shares of Herbalife LTD. from a "c" rating to a "b-" rating in a report on Monday, April 17th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Equities analysts predict that Herbalife LTD. will post $4.62 earnings per share for the current fiscal year. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $74.49. (NYSE:HLF) opened at 67.24 on Friday. 512741 shares were traded during the last session. The firm has a market capitalization of $6.06 billion, a P/E ratio of 23.06 and a beta of 1.22. Company shares last traded at $67.98 which is just a bit below the 50 day moving average which is $71.51 and marginally over the 200 day moving average of $63.14.

Herbalife LTD. had a return on equity of 262.58% and a net margin of 5.58%. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.37. Herbalife LTD. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the company earned $1.36 EPS. During the same quarter past year, the firm posted $1.36 EPS.

BlackRock Inc. increased its stake in shares of Herbalife LTD. (NYSE:HLF) by 19,647.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

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In other Herbalife LTD. news, VP Jesus Alzarez sold 1,214 shares of Herbalife LTD. stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $72.92, for a total value of $547,629.20.

In related news, Director Richard P. Bermingham sold 7,510 shares of the firm's stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $72.02, for a total transaction of $2,189,480.02.

SVP/Managing Dir North America Ibelis Fleming disclosed the sale of 8,456 shares of HLF stock. In the last three months, insiders sold 58,885 shares of company stock worth $4,248,643. It worsened, as 79 investors sold INTC shares while 690 reduced holdings. FMR LLC raised its stake in shares of Herbalife LTD.by 18.6% in the first quarter. Sei Investments Co. now owns 12,845 shares of the company's stock worth $747,000 after buying an additional 797 shares in the last quarter. As of quarter end Acadian Asset Management LLC had sold a total of 28,707 shares trimming its stake by 95.1%. Following the completion of the transaction, the director now directly owns 1,919 shares in the company, valued at approximately $139,933.48. Sei Investments Co. increased its position in Herbalife LTD.by 19.4% in the second quarter. Sei Investments Co. now owns 15,340 shares of the company's stock valued at $1,095,000 after buying an additional 2,495 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Herbalife LTD.by 1.6% in the first quarter. Point View Wealth Management Inc. now owns 10,149 shares of the company's stock valued at $590,000 after buying an additional 672 shares in the last quarter. Vetr downgraded Herbalife Ltd. (NYSE:HLF) on Friday, August 7 to "Buy" rating. The fund owned 3,149,983 shares of the company's stock after buying an additional 3,134,032 shares during the period.

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