Herbalife Hits new 52 Week Low

Michael JOhnson,CEO,Herbalife


Herbalife (NYSE:HLF)’s share price reached a new 52-week low during mid-day trading on Monday , Analyst Ratings News reports. The stock traded as low as $35.10 and last traded at $35.12, with a volume of 908,464 shares trading hands. The stock had previously closed at $37.58.

HLF has been the subject of a number of recent research reports. Analysts at Buckingham Research downgraded shares of Herbalife from a “buy” rating to a “neutral” rating in a research note on Monday. Separately, analysts at Barclays cut their price target on shares of Herbalife from $80.00 to $74.00 in a research note on Friday, November 21st. They now have an “overweight” rating on the stock. Finally, analysts at BTIG Research initiated coverage on shares of Herbalife in a research note on Wednesday, November 19th.

They set a “buy” rating and a $55.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Herbalife has an average rating of “Hold” and an average price target of $64.30.

The stock’s 50-day moving average is $39.7 and its 200-day moving average is $49.23. The company has a market cap of $3.039 billion and a P/E ratio of 10.97.

Herbalife (NYSE:HLF) last announced its earnings results on Friday, November 7th. The company reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by $0.06. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the company posted $1.41 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, analysts predict that Herbalife will post $5.84 earnings per share for the current fiscal year.

Herbalife Ltd. is a global nutrition company. The Company sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products as well as personal care products.


Get more information, facts and figures about Herbalife, click here for the Herbalife overview.

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