Wall Street Zen Upgrades Herbalife (NYSE:HLF) to “Buy”

Herbalife (NYSE:HLF) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Friday.

Several other brokerages have also recently issued reports on HLF. Mizuho lifted their price target on Herbalife from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Herbalife in a research report on Wednesday, October 8th. Finally, Argus set a $15.00 target price on shares of Herbalife in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.75.

Herbalife Price Performance

Shares of HLF stock opened at $12.73 on Friday. Herbalife has a 12-month low of $5.04 and a 12-month high of $13.35. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 4.01, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. The business has a 50 day simple moving average of $9.18 and a 200 day simple moving average of $8.97.

Herbalife (NYSE:HLF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts anticipate that Herbalife will post 1.57 EPS for the current fiscal year.

Insider Transactions at Herbalife

In related news, Director Lynda Cloud purchased 17,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $8.97 per share, for a total transaction of $152,490.00. Following the purchase, the director owned 38,857 shares in the company, valued at $348,547.29. The trade was a 77.78% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.73% of the company’s stock.

Institutional Investors Weigh In On Herbalife

Several hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC bought a new stake in shares of Herbalife in the second quarter valued at about $29,000. Aster Capital Management DIFC Ltd acquired a new position in Herbalife in the 3rd quarter valued at approximately $35,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Herbalife by 4,406.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company’s stock worth $42,000 after acquiring an additional 4,803 shares during the period. GAMMA Investing LLC grew its holdings in shares of Herbalife by 115.6% during the 3rd quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock worth $59,000 after purchasing an additional 3,766 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Herbalife during the third quarter valued at approximately $65,000.

About Herbalife

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.