Herbalife (NYSE:HLF) Issues Earnings Results

Herbalife (NYSE:HLF - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.28, Zacks reports. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.19 billion. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. Herbalife updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Herbalife Stock Performance

Herbalife stock traded up $0.25 during midday trading on Friday, reaching $8.27. The stock had a trading volume of 6,118,972 shares, compared to its average volume of 3,373,926. The stock has a market capitalization of $836.72 million, a P/E ratio of 3.32, a price-to-earnings-growth ratio of 0.29 and a beta of 1.15. The firm's fifty day simple moving average is $6.29 and its 200-day simple moving average is $7.20. Herbalife has a 1-year low of $5.04 and a 1-year high of $12.79.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HLF. B. Riley lowered their price target on Herbalife from $17.00 to $12.00 and set a "buy" rating for the company in a report on Thursday, October 31st. Mizuho increased their target price on Herbalife from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Friday, November 1st. DA Davidson restated a "neutral" rating and set a $7.50 target price on shares of Herbalife in a report on Thursday. Finally, StockNews.com upgraded shares of Herbalife from a "hold" rating to a "buy" rating in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $9.90.

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.