StockNews.com upgraded shares of Herbalife Diet (NYSE:HLF – Get Rating) from a maintain score to a purchase score in a analysis be aware issued to traders on Sunday.
Different equities analysts have additionally lately issued experiences concerning the inventory. Zacks Investment Research raised shares of Herbalife Diet from a promote score to a maintain score in a analysis report on Wednesday, February twenty third. B. Riley decreased their value goal on shares of Herbalife Diet from $58.00 to $50.00 in a analysis report on Thursday, February twenty fourth. Two analysts have rated the inventory with a maintain score and 5 have assigned a purchase score to the inventory. Based mostly on knowledge from MarketBeat, the inventory presently has a consensus score of Purchase and a mean value goal of $50.17.
Shares of HLF opened at $30.27 on Friday. The corporate has a market cap of $3.33 billion, a price-to-earnings ratio of seven.38 and a beta of 1.05. Herbalife Diet has a 1-year low of $28.73 and a 1-year excessive of $55.78. The corporate’s fifty day easy transferring common is $35.54 and its 200 day easy transferring common is $39.84.
Herbalife Diet (NYSE:HLF – Get Rating) final launched its quarterly earnings knowledge on Wednesday, February twenty third. The corporate reported $0.57 EPS for the quarter, lacking the Zacks’ consensus estimate of $0.59 by ($0.02). Herbalife Diet had a adverse return on fairness of 38.29% and a internet margin of seven.71%. The corporate had income of $1.32 billion for the quarter, in comparison with the consensus estimate of $1.36 billion. Throughout the identical interval final 12 months, the agency earned $0.71 earnings per share. The corporate’s income for the quarter was down 6.6% in comparison with the identical quarter final 12 months. On common, analysts predict that Herbalife Diet will put up 4.21 earnings per share for the present 12 months.
A number of institutional traders have lately made adjustments to their positions in HLF. Morgan Stanley lifted its place in Herbalife Diet by 28.8% throughout the second quarter. Morgan Stanley now owns 317,348 shares of the corporate’s inventory value $16,734,000 after buying a further 70,957 shares throughout the interval. New York State Lecturers Retirement System lifted its place in Herbalife Diet by 14.1% throughout the third quarter. New York State Lecturers Retirement System now owns 8,900 shares of the corporate’s inventory value $377,000 after buying a further 1,100 shares throughout the interval. Westpac Banking Corp lifted its place in Herbalife Diet by 33.3% throughout the third quarter. Westpac Banking Corp now owns 9,995 shares of the corporate’s inventory value $424,000 after buying a further 2,495 shares throughout the interval. Victory Capital Administration Inc. lifted its place in Herbalife Diet by 34.8% throughout the third quarter. Victory Capital Administration Inc. now owns 532,379 shares of the corporate’s inventory value $22,562,000 after buying a further 137,327 shares throughout the interval. Lastly, Treasurer of the State of North Carolina lifted its place in Herbalife Diet by 1.2% throughout 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 buying a further 439 shares throughout the interval.
About Herbalife Diet (Get Rating)
Herbalife Diet Ltd. is a holding firm, which engages within the improvement and sale of vitamin options. It operates by means of 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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