Herbalife Director Richard P. Bermingham Sells 16000 Shares (HLF)
Herbalife (NYSE:HLF) traded up 0.81% during mid-day trading on Monday, hitting $63.59. The stock had a trading volume of 582,460 shares. Herbalife has a 52-week low of $42.78 and a 52-week high of $83.51. The stock has a 50-day moving average of $62.5 and a 200-day moving average of $65.46. The company has a market cap of $6.239 billion and a P/E ratio of 13.79.
Herbalife (NYSE:HLF) last issued its quarterly earnings data on Monday, April 28th. The company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.21. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the company posted $1.27 earnings per share. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. Analysts expect that Herbalife will post $6.30 EPS for the current fiscal year.
A number of analysts have recently weighed in on HLF shares. Analysts at Zacks upgraded shares of Herbalife from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 10th. They now have a $66.20 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Herbalife in a research note on Tuesday, April 29th. They now have a $73.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $86.89.
Herbalife Ltd. is a global nutrition company. The Company sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products as well as personal care products.
Comments are closed.