Market Runner: How Analysts Feel About Herbalife Ltd. After Today’s Significant Increase?

Market Runner: How Analysts Feel About Herbalife Ltd. After Today's Significant Increase?

The stock of Herbalife Ltd. (NYSE:HLF) is a huge mover today! About 1.68 million shares traded hands or 7.01% up from the average. Herbalife Ltd. (NYSE:HLF) has risen 13.22% since February 29, 2016 and is uptrending. It has outperformed by 1.01% the S&P500.
The move comes after 5 months positive chart setup for the $5.98 billion company. It was reported on Oct, 4 by Barchart.com. We have $86.13 PT which if reached, will make NYSE:HLF worth $2.09 billion more.

Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on November, 1. They expect $1.08 earnings per share, down 15.63% or $0.20 from last year’s $1.28 per share. HLF’s profit will be $101.23M for 14.77 P/E if the $1.08 EPS becomes a reality. After $1.29 actual earnings per share reported by Herbalife Ltd. for the previous quarter, Wall Street now forecasts -16.28% negative EPS growth.

Herbalife Ltd. (NYSE:HLF) Ratings Coverage

Out of 3 analysts covering Herbalife (NYSE:HLF), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Herbalife has been the topic of 10 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Pivotal Research on Tuesday, August 4. Vetr downgraded Herbalife Ltd. (NYSE:HLF) rating on Monday, August 31. Vetr has “Buy” rating and $56.92 price target. The stock of Herbalife Ltd. (NYSE:HLF) has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. As per Thursday, August 27, the company rating was maintained by Pivotal Research. As per Friday, August 7, the company rating was upgraded by Zacks. Pivotal Research maintained it with “Buy” rating and $85 target price in Wednesday, November 4 report. The stock has “Buy” rating given by Vetr on Friday, August 7. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, August 4.

According to Zacks Investment Research, “Herbalife is a global network marketing company offering a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle.”

Insitutional Activity: The institutional sentiment decreased to 1.29 in Q2 2016. Its down 0.03, from 1.32 in 2016Q1. The ratio dived, as 23 funds sold all Herbalife Ltd. shares owned while 71 reduced positions. 39 funds bought stakes while 82 increased positions. They now own 87.76 million shares or 3.47% less from 90.91 million shares in 2016Q1.
Jensen Mgmt has 0.01% invested in the company for 6,590 shares. Engineers Gate Manager Ltd Partnership, a New York-based fund reported 90,052 shares. Goldman Sachs Gru holds 1.48M shares or 0.03% of its portfolio. Verition Fund Mgmt Ltd Liability, a Connecticut-based fund reported 5,382 shares. Nuveen Asset Llc, a Illinois-based fund reported 168,584 shares. Winfield Assoc Inc reported 10 shares or 0% of all its holdings. Wells Fargo Communications Mn last reported 46,583 shares in the company. Bnp Paribas Partners has invested 0% of its portfolio in Herbalife Ltd. (NYSE:HLF). Dreman Value Mgmt L L C holds 0.02% or 611 shares in its portfolio. Renaissance Technologies Ltd Liability Corp has 0.35% invested in the company for 3.16 million shares. California Public Employees Retirement System has 0.03% invested in the company for 321,400 shares. Blackrock Group Limited reported 279,085 shares or 0.01% of all its holdings. Ladenburg Thalmann Finance Svcs holds 493 shares or 0% of its portfolio. Janus Mngmt Ltd Liability reported 475,698 shares or 0.02% of all its holdings. Bbva Compass accumulated 3,595 shares or 0.02% of the stock.

More notable recent Herbalife Ltd. (NYSE:HLF) news were published by: Businesswire.com which released: “Herbalife Ltd. Announces Third Quarter 2016 Earnings Release Date and Investor …” on October 03, 2016, also Fool.com with their article: “Why Herbalife Ltd. Shares Soared Today” published on July 15, 2016, Reuters.com published: “BRIEF-Carl Icahn reports 20.78 percent stake in Herbalife Ltd as of Aug 26” on August 26, 2016. More interesting news about Herbalife Ltd. (NYSE:HLF) were released by: Fool.com and their article: “Why Herbalife Ltd. Stock Jumped 16% Last Month” published on August 08, 2016 as well as Valuewalk.com‘s news article titled: “Are Herbalife LTD. (HLF) Products Claiming Lives?” with publication date: September 22, 2016.

HLF Company Profile

Herbalife Ltd., incorporated on April 4, 2002, is a global nutrition company. The Firm develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s divisions include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China. The Firm markets and sells over 140 products, encompassing approximately 5,000 stock keeping units (SKUs) globally.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment