Herbalife (NYSE:HLF) Stock Price Down 5.6% – Should You Sell?

by · The Cerbat Gem

Herbalife Ltd. (NYSE:HLFGet Free Report)’s share price traded down 5.6% during trading on Tuesday . The company traded as low as $8.37 and last traded at $8.42. 666,187 shares traded hands during trading, a decline of 70% from the average session volume of 2,200,225 shares. The stock had previously closed at $8.91.

Analyst Ratings Changes

Separately, DA Davidson reaffirmed a “neutral” rating and set a $7.50 price target on shares of Herbalife in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.90.

Check Out Our Latest Stock Analysis on Herbalife

Herbalife Trading Down 5.5 %

The stock has a 50 day simple moving average of $6.77 and a 200 day simple moving average of $7.22. The stock has a market cap of $818.18 million, a P/E ratio of 3.25, a price-to-earnings-growth ratio of 0.29 and a beta of 1.02.

Herbalife (NYSE:HLFGet Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.28. Herbalife had a net margin of 5.09% and a negative return on equity of 20.78%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Equities analysts anticipate that Herbalife Ltd. will post 1.57 earnings per share for the current year.

Insider Activity

In related news, Director Juan Miguel Mendoza acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of $8.25 per share, with a total value of $41,250.00. Following the purchase, the director now directly owns 132,500 shares in the company, valued at approximately $1,093,125. This trade represents a 3.92 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.94% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HLF. Quadrant Capital Group LLC grew its position in Herbalife by 641.5% during the 4th quarter. Quadrant Capital Group LLC now owns 4,293 shares of the company’s stock worth $29,000 after acquiring an additional 3,714 shares during the last quarter. R Squared Ltd bought a new stake in shares of Herbalife during the fourth quarter worth about $63,000. Van ECK Associates Corp increased its stake in shares of Herbalife by 110.4% in the fourth quarter. Van ECK Associates Corp now owns 10,526 shares of the company’s stock valued at $70,000 after buying an additional 5,524 shares during the period. Bridgefront Capital LLC bought a new position in Herbalife in the 4th quarter valued at approximately $71,000. Finally, Headlands Technologies LLC boosted its position in Herbalife by 12,307.6% during the 4th 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 period.

Herbalife Company Profile

(Get Free Report)

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.

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