Equities analysts count on Herbalife Vitamin Ltd. (NYSE:HLF) to submit $1.37 billion in gross sales for the present fiscal quarter, in response to Zacks. Two analysts have offered estimates for Herbalife Vitamin’s earnings, with the best gross sales estimate coming in at $1.38 billion and the bottom estimate coming in at $1.36 billion. Herbalife Vitamin reported gross sales of $1.41 billion throughout the identical quarter final 12 months, which signifies a unfavourable year-over-year development price of two.8%. The agency is scheduled to announce its subsequent earnings report on Wednesday, February sixteenth.
In accordance with Zacks, analysts count on that Herbalife Vitamin will report full 12 months gross sales of $5.85 billion for the present 12 months, with estimates starting from $5.84 billion to $5.86 billion. For the following monetary 12 months, analysts count on that the agency will submit gross sales of $5.86 billion, with estimates starting from $5.82 billion to $5.90 billion. Zacks Funding Analysis’s gross sales calculations are a median based mostly on a survey of sell-side analysis analysts that cowl Herbalife Vitamin.
Herbalife Vitamin (NYSE:HLF) final launched its earnings outcomes on Tuesday, November 2nd. The corporate reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.16. The corporate had income of $1.43 billion through the quarter, in comparison with analyst estimates of $1.45 billion. Herbalife Vitamin had a unfavourable return on fairness of 44.90% and a web margin of 8.19%. Throughout the identical interval within the prior 12 months, the corporate posted $1.15 earnings per share.
HLF has been the subject of a number of analysis analyst reviews. Tigress Monetary reiterated a “purchase” ranking and issued a $65.00 value goal on shares of Herbalife Vitamin in a analysis observe on Friday, September twenty fourth. Jefferies Monetary Group started protection on Herbalife Vitamin in a analysis report on Wednesday, September fifteenth. They set a “purchase” ranking and a $65.00 goal value on the inventory. Zacks Investment Research upgraded Herbalife Vitamin from a “sturdy promote” ranking to a “maintain” ranking in a analysis report on Tuesday, November sixteenth. TheStreet downgraded Herbalife Vitamin from a “b-” ranking to a “c+” ranking in a analysis report on Thursday, September thirtieth. Lastly, B. Riley lowered their value goal on Herbalife Vitamin from $70.00 to $61.00 and set a “purchase” ranking on the inventory in a analysis report on Wednesday, September fifteenth. They famous that the transfer was a valuation name. Two equities analysis analysts have rated the inventory with a maintain ranking and 4 have issued a purchase ranking to the inventory. In accordance with knowledge from MarketBeat, the inventory has a consensus ranking of “Purchase” and a median value goal of $55.50.
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In associated information, CEO John O. Agwunobi acquired 5,000 shares of Herbalife Vitamin inventory in a transaction dated Friday, September seventeenth. The shares had been bought at a median value of $44.90 per share, with a complete worth of $224,500.00. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is offered at this hyperlink. 1.49% of the inventory is at the moment owned by firm insiders.
A number of hedge funds and different institutional traders have not too long ago purchased and bought shares of the inventory. WINTON GROUP Ltd lifted its holdings in Herbalife Vitamin by 0.7% within the second quarter. WINTON GROUP Ltd now owns 40,705 shares of the corporate’s inventory value $2,146,000 after shopping for a further 269 shares through the interval. Panagora Asset Administration Inc. lifted its holdings in Herbalife Vitamin by 3.6% within the second quarter. Panagora Asset Administration Inc. now owns 11,453 shares of the corporate’s inventory value $604,000 after shopping for a further 393 shares through the interval. Treasurer of the State of North Carolina lifted its holdings in Herbalife Vitamin by 1.2% within the third quarter. Treasurer of the State of North Carolina now owns 37,805 shares of the corporate’s inventory value $1,602,000 after shopping for a further 439 shares through the interval. Principal Monetary Group Inc. lifted its holdings in Herbalife Vitamin by 10.1% within the first quarter. Principal Monetary Group Inc. now owns 6,679 shares of the corporate’s inventory value $296,000 after shopping for a further 615 shares through the interval. Lastly, Peapack Gladstone Monetary Corp lifted its holdings in Herbalife Vitamin by 5.1% within the third quarter. Peapack Gladstone Monetary Corp now owns 13,814 shares of the corporate’s inventory value $585,000 after shopping for a further 665 shares through the interval. 90.52% of the inventory is at the moment owned by institutional traders.
Herbalife Nutrition stock opened at $37.37 on Friday. Herbalife Vitamin has a 12 month low of $36.63 and a 12 month excessive of $59.00. The enterprise’s 50 day easy shifting common is $42.05 and its 200 day easy shifting common is $47.55. The corporate has a market cap of $4.19 billion, a price-to-earnings ratio of 8.65 and a beta of 1.08.
Herbalife Vitamin Firm Profile
Herbalife Vitamin 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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