Key Points
- Herbalife insider Frank Lamberti sold 134,982 shares on May 12 at an average price of $13.50, totaling about $1.82 million. After the sale, he retained 36,624 shares, a drop of 78.66% in his ownership stake.
- The company recently reported better-than-expected quarterly results, posting EPS of $0.64 versus the $0.61 consensus and revenue of $1.32 billion versus $1.30 billion expected. Revenue rose 7.8% year over year.
- Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $17.80. Recent moves included RBC cutting its target to $16, while Citi maintained a Buy rating with a $21 target.
Herbalife Ltd (NYSE:HLF - Get Free Report) insider Frank Lamberti sold 134,982 shares of the company's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00. Following the completion of the transaction, the insider directly owned 36,624 shares in the company, valued at approximately $494,424. The trade was a 78.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Herbalife Price Performance
Shares of HLF opened at $13.62 on Wednesday. The company has a market cap of $1.41 billion, a P/E ratio of 5.98, a PEG ratio of 0.80 and a beta of 0.98. The stock has a fifty day moving average price of $15.58 and a 200 day moving average price of $14.38. Herbalife Ltd has a 12 month low of $6.62 and a 12 month high of $20.40.
Herbalife (NYSE:HLF - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.03. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The firm's revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 EPS. As a group, research analysts anticipate that Herbalife Ltd will post 2.47 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on HLF shares. Royal Bank Of Canada decreased their price target on Herbalife from $17.00 to $16.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 28th. Mizuho set a $17.00 target price on Herbalife in a report on Monday, May 4th. Wall Street Zen raised Herbalife from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 18th. Citigroup reissued a "buy" rating and issued a $21.00 price objective (up from $17.00) on shares of Herbalife in a research note on Thursday, February 19th. Finally, Zacks Research downgraded Herbalife from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $17.80.
Get Our Latest Stock Analysis on Herbalife
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Herbalife by 29.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,877,717 shares of the company's stock worth $27,638,000 after purchasing an additional 425,968 shares during the last quarter. KBC Group NV acquired a new position in shares of Herbalife during the 1st quarter valued at about $44,000. Principal Financial Group Inc. acquired a new position in shares of Herbalife during the 1st quarter valued at about $1,809,000. Sequoia Financial Advisors LLC acquired a new position in shares of Herbalife during the 1st quarter valued at about $152,000. Finally, Summit Securities Group LLC acquired a new position in shares of Herbalife during the 1st quarter valued at about $299,000.
About Herbalife
(
Get Free Report)
Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.
Founded in 1980 by Mark R.
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