Herbalife Ltd. (NYSE:HLF) Given Average Rating of "Hold" by Analysts

Shares of Herbalife Ltd. (NYSE:HLF - Get Free Report) have been assigned an average rating of "Hold" from the five brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $9.90.

Several research firms have recently issued reports on HLF. StockNews.com raised Herbalife from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. B. Riley reduced their price objective on shares of Herbalife from $17.00 to $12.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Citigroup decreased their price objective on shares of Herbalife from $16.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, October 25th. Mizuho increased their price objective on Herbalife from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Finally, DA Davidson lowered their target price on shares of Herbalife from $13.00 to $7.50 and set a "neutral" rating on the stock in a research report on Thursday, October 31st.

Institutional Trading of Herbalife

Institutional investors have recently bought and sold shares of the company. Marshall Wace LLP raised its position in shares of Herbalife by 2,053.6% during the 2nd quarter. Marshall Wace LLP now owns 1,977,155 shares of the company's stock worth $20,543,000 after purchasing an additional 1,885,346 shares during the last quarter. Iridian Asset Management LLC CT increased its position in Herbalife by 43.7% during the third quarter. Iridian Asset Management LLC CT now owns 2,228,193 shares of the company's stock worth $16,021,000 after buying an additional 677,739 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Herbalife by 15.3% in the second quarter. Bank of Montreal Can now owns 3,776,641 shares of the company's stock worth $41,354,000 after acquiring an additional 500,876 shares during the last quarter. Perpetual Ltd raised its stake in Herbalife by 107.1% in the 4th quarter. Perpetual Ltd now owns 966,063 shares of the company's stock valued at $6,463,000 after purchasing an additional 499,572 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in Herbalife by 20.2% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,287,600 shares of the company's stock valued at $16,448,000 after purchasing an additional 384,100 shares in the last quarter.

Herbalife Stock Performance

HLF stock traded down $0.01 during mid-day trading on Friday, reaching $6.47. The company had a trading volume of 1,549,231 shares, compared to its average volume of 1,525,089. The firm has a fifty day simple moving average of $7.16 and a 200 day simple moving average of $7.98. The company has a market capitalization of $652.51 million, a price-to-earnings ratio of 7.62, a price-to-earnings-growth ratio of 0.22 and a beta of 1.18. Herbalife has a fifty-two week low of $6.05 and a fifty-two week high of $12.90.

Herbalife (NYSE:HLF - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.38. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. The firm had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.23 billion. As a group, analysts predict that Herbalife will post 1.51 earnings per share for the current year.

Herbalife Company Profile

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.