Brokerages Set Herbalife Ltd. (NYSE:HLF) PT at $9.90

Shares of Herbalife Ltd. (NYSE:HLF - Get Free Report) have been assigned an average rating of "Hold" from the five ratings firms that are presently covering the firm, Marketbeat reports. One investment 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 1-year target price among brokers that have covered the stock in the last year is $9.90.

HLF has been the subject of several analyst reports. DA Davidson reissued a "neutral" rating and set a $7.50 price target on shares of Herbalife in a report on Thursday. Mizuho lifted their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday, November 1st. B. Riley cut their price target on shares of Herbalife from $17.00 to $12.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Finally, StockNews.com raised shares of Herbalife from a "hold" rating to a "buy" rating in a report on Monday, November 4th.

Herbalife Stock Performance

Shares of NYSE:HLF traded up $0.37 during midday trading on Thursday, reaching $8.68. 5,200,686 shares of the company's stock were exchanged, compared to its average volume of 2,926,800. The company's 50 day simple moving average is $6.32 and its two-hundred day simple moving average is $7.20. The firm has a market capitalization of $877.91 million, a PE ratio of 3.48, a price-to-earnings-growth ratio of 0.29 and a beta of 1.15. Herbalife has a 12 month low of $5.04 and a 12 month high of $12.79.

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Herbalife (NYSE:HLF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.28. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. On average, research analysts anticipate that Herbalife will post 1.57 earnings per share for the current year.

Institutional Investors Weigh In On Herbalife

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HLF. Quadrant Capital Group LLC increased its position in Herbalife by 641.5% in the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company's stock valued at $29,000 after acquiring an additional 3,714 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Herbalife during the 4th quarter worth approximately $63,000. Van ECK Associates Corp grew its position in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock worth $70,000 after buying an additional 5,524 shares during the period. Bridgefront Capital LLC bought a new stake in shares of Herbalife during the fourth quarter worth approximately $71,000. Finally, Headlands Technologies LLC raised its stake in shares of Herbalife by 12,307.6% during the fourth quarter. Headlands Technologies LLC now owns 11,415 shares of the company's stock worth $76,000 after buying an additional 11,323 shares during the last quarter.

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.