Herbalife Ltd (NYSE:HLF – Get Free Report) insider Frank Lamberti sold 134,982 shares of Herbalife stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total transaction of $1,822,257.00. Following the transaction, the insider directly owned 36,624 shares of the company’s stock, valued at approximately $494,424. This trade represents a 78.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Herbalife Stock Performance
Shares of NYSE HLF opened at $13.62 on Wednesday. Herbalife Ltd has a one year low of $6.62 and a one year high of $20.40. The firm has a fifty day moving average of $15.58 and a 200 day moving average of $14.38. The firm has a market cap of $1.41 billion, a PE ratio of 5.98, a PEG ratio of 0.80 and a beta of 0.98.
Herbalife (NYSE:HLF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the company posted $0.59 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. On average, equities analysts predict that Herbalife Ltd will post 2.47 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Citigroup reaffirmed a “buy” rating and set a $21.00 price target (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Royal Bank Of Canada reduced their target price on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Zacks Research downgraded Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Mizuho set a $17.00 price target on Herbalife in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.80.
Get Our Latest Stock Analysis on HLF
Herbalife Company Profile
Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.
Founded in 1980 by Mark R.
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