Herbalife Diet (NYSE:HLF) was downgraded by equities analysis analysts at TheStreet from a “b-” score to a “c+” score in a observe issued to buyers on Thursday, TheStreetRatingsTable stories.
Different equities analysts additionally just lately issued stories in regards to the firm. B. Riley dropped their value goal on Herbalife Diet from $70.00 to $61.00 and set a “purchase” score for the corporate in a analysis observe on Wednesday, September fifteenth. They famous that the transfer was a valuation name. Zacks Investment Research downgraded Herbalife Diet from a “purchase” score to a “maintain” score in a analysis observe on Friday, August sixth. Citigroup dropped their value goal on Herbalife Diet from $57.00 to $52.00 and set a “purchase” score for the corporate in a analysis observe on Thursday, September sixteenth. Royal Financial institution of Canada raised their value goal on Herbalife Diet from $13.00 to $15.00 and gave the corporate a “sector carry out” score in a analysis observe on Wednesday, August 18th. Lastly, Jefferies Monetary Group assumed protection on Herbalife Diet in a analysis observe on Wednesday, September fifteenth. They issued a “purchase” score and a $65.00 value goal for the corporate. Two analysis analysts have rated the inventory with a maintain score and 4 have given a purchase score to the corporate’s inventory. In line with information from MarketBeat.com, the corporate at the moment has a consensus score of “Purchase” and a mean goal value of $55.38.
Shares of HLF stock opened at $43.30 on Thursday. The corporate has a market cap of $5.01 billion, a price-to-earnings ratio of 10.14 and a beta of 0.91. The inventory has a 50 day easy transferring common of $48.59 and a 200-day easy transferring common of $49.22. Herbalife Diet has a 12-month low of $41.31 and a 12-month excessive of $59.00.
Herbalife Diet (NYSE:HLF) final issued its earnings outcomes on Tuesday, August third. The corporate reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.27. The enterprise had income of $1.55 billion in the course of the quarter, in comparison with the consensus estimate of $1.55 billion. Herbalife Diet had a detrimental return on fairness of 51.15% and a internet margin of 8.41%. Analysts count on that Herbalife Diet will submit 4.91 earnings per share for the present yr.
In different Herbalife Diet information, CEO John O. Agwunobi acquired 5,200 shares of the agency’s inventory in a transaction dated Thursday, August fifth. The shares have been acquired at a mean value of $48.19 per share, for a complete transaction of $250,588.00. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed via this hyperlink. Additionally, CEO John O. Agwunobi purchased 5,000 shares of Herbalife Diet inventory in a transaction that occurred on Friday, September seventeenth. The inventory was bought at a mean value of $44.90 per share, for a complete transaction of $224,500.00. The disclosure for this buy will be discovered here. Insiders have acquired 13,625 shares of firm inventory valued at $640,166 within the final three months. 1.49% of the inventory is at the moment owned by firm insiders.
Institutional buyers have just lately modified their holdings of the inventory. Eagle Bay Advisors LLC acquired a brand new place in Herbalife Diet within the second quarter valued at $56,000. Gables Capital Administration Inc. acquired a brand new place in shares of Herbalife Diet in the course of the first quarter value about $89,000. Captrust Monetary Advisors lifted its stake in shares of Herbalife Diet by 157.0% in the course of the first quarter. Captrust Monetary Advisors now owns 2,159 shares of the corporate’s inventory value $96,000 after buying a further 1,319 shares within the final quarter. Islay Capital Administration LLC acquired a brand new place in shares of Herbalife Diet in the course of the first quarter value about $110,000. Lastly, AGF Investments LLC acquired a brand new place in shares of Herbalife Diet in the course of the second quarter value about $172,000. Hedge funds and different institutional buyers personal 90.26% of the corporate’s inventory.
Herbalife Diet Firm Profile
Herbalife Diet Ltd. is a holding firm, which engages within the improvement and sale of diet options. It operates via the next segments: North America; Mexico; South and Central America; Europe, Center East, and Africa; Asia pacific; and China. The corporate was based by Mark Reynolds Hughes in February 1980 and is headquartered in George City, Cayman Islands.
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