Herbalife Nutrition Ltd. (NYSE:HLF) Given Average Rating of “Moderate Buy” by Analysts



Shares of Herbalife Nutrition Ltd. (NYSE:HLFGet Rating) have earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $36.80.

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A number of research analysts have commented on the stock. B. Riley dropped their price objective on shares of Herbalife Nutrition from $50.00 to $41.00 in a research note on Wednesday, May 4th. StockNews.com upgraded shares of Herbalife Nutrition from a “hold” rating to a “buy” rating in a research note on Monday, June 13th. Citigroup dropped their price objective on shares of Herbalife Nutrition from $46.00 to $36.00 in a research note on Wednesday, May 4th. Argus lowered shares of Herbalife Nutrition from a “buy” rating to a “hold” rating in a research note on Tuesday, May 17th. Finally, Jefferies Financial Group upgraded shares of Herbalife Nutrition from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Tuesday, July 12th.

Herbalife Nutrition Price Performance

Shares of HLF opened at $23.72 on Friday. Herbalife Nutrition has a 1-year low of $19.30 and a 1-year high of $54.45. The stock has a market cap of $2.57 billion, a PE ratio of 6.36 and a beta of 1.06. The firm has a fifty day moving average price of $22.25 and a 200 day moving average price of $30.88.

Herbalife Nutrition (NYSE:HLFGet Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.12. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.38 billion. Herbalife Nutrition had a net margin of 7.06% and a negative return on equity of 33.49%. Herbalife Nutrition’s quarterly revenue was down 11.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.42 earnings per share. As a group, equities analysts expect that Herbalife Nutrition will post 3.29 EPS for the current fiscal year.

Insider Transactions at Herbalife Nutrition

In related news, CEO John O. Agwunobi acquired 4,222 shares of the firm’s stock in a transaction that occurred on Tuesday, May 10th. The shares were purchased at an average price of $23.55 per share, with a total value of $99,428.10. Following the completion of the acquisition, the chief executive officer now owns 134,745 shares in the company, valued at $3,173,244.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO John O. Agwunobi acquired 4,222 shares of the firm’s stock in a transaction that occurred on Tuesday, May 10th. The shares were purchased at an average price of $23.55 per share, with a total value of $99,428.10. Following the completion of the acquisition, the chief executive officer now owns 134,745 shares in the company, valued at $3,173,244.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Johnson acquired 5,840 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The shares were bought at an average cost of $22.85 per share, for a total transaction of $133,444.00. Following the acquisition, the director now owns 255,387 shares of the company’s stock, valued at approximately $5,835,592.95. The disclosure for this purchase can be found here. Insiders have bought a total of 63,080 shares of company stock worth $1,372,132 over the last ninety days. 0.66% of the stock is currently owned by company insiders.

Institutional Trading of Herbalife Nutrition

A number of institutional investors have recently added to or reduced their stakes in the stock. Islay Capital Management LLC lifted its holdings in shares of Herbalife Nutrition by 18.3% in the fourth quarter. Islay Capital Management LLC now owns 2,712 shares of the company’s stock valued at $111,000 after purchasing an additional 419 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Herbalife Nutrition by 0.6% in the fourth quarter. Rhumbline Advisers now owns 96,744 shares of the company’s stock valued at $3,960,000 after purchasing an additional 564 shares in the last quarter. Gladius Capital Management LP lifted its holdings in shares of Herbalife Nutrition by 13.7% in the first quarter. Gladius Capital Management LP now owns 4,998 shares of the company’s stock valued at $152,000 after purchasing an additional 601 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Herbalife Nutrition by 3.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,876 shares of the company’s stock valued at $732,000 after purchasing an additional 625 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Herbalife Nutrition by 6.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,308 shares of the company’s stock valued at $374,000 after buying an additional 747 shares during the period.

About Herbalife Nutrition

(Get Rating)

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

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Analyst Recommendations for Herbalife Nutrition (NYSE:HLF)



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