Herbalife (HLF) to Release Earnings on Wednesday
Herbalife (NYSE:HLF) will post its Q313 quarterly earnings results on Wednesday, October 30th. Analysts expect Herbalife to post earnings of $1.14 per share and revenue of $1.20 billion for the quarter.
Herbalife (NYSE:HLF) last announced its earnings results on Wednesday, October 30th. The company reported $1.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.14 by $0.27. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 19.3% on a year-over-year basis. On average, analysts expect Herbalife to post $4.99 EPS for the current fiscal year and $5.66 EPS for the next fiscal year.
Herbalife (NYSE:HLF) opened at 67.92 on Tuesday. Herbalife has a 52 week low of $24.24 and a 52 week high of $69.71. The stock has a 50-day moving average of $64.26 and a 200-day moving average of $48.57. The company has a market cap of $7.000 billion and a P/E ratio of 15.01. Herbalife also saw some unusual options trading on Monday. Investors acquired 20,404 call options on the company. This is an increase of 141% compared to the typical daily volume of 8,463 call options.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.77%.
A number of research firms have recently commented on HLF. Analysts at DA Davidson reiterated a “buy” rating on shares of Herbalife in a research note to investors on Thursday, October 3rd. They now have a $92.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of Herbalife from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $74.30 price target on the stock. Finally, analysts at Barclays initiated coverage on shares of Herbalife in a research note to investors on Tuesday, September 24th. They set an “overweight” rating on the stock. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Herbalife has a consensus rating of “Buy” and a consensus target price of $72.43.
Herbalife Ltd. is a global network marketing company that sells weight management, nutritional supplements, energy, sports and fitness products and personal care products through a network of approximately 2.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.