Herbalife LTD. (NYSE:HLF) to Release Earnings on Tuesday
Herbalife LTD. (NYSE:HLF) is set to post its quarterly earnings results after the market closes on Tuesday, August 1st. Analysts expect Herbalife LTD. to post earnings of $1.10 per share for the quarter. Herbalife LTD. has set its Q2 guidance at $0.85-1.05 EPS and its FY17 guidance at $4.05-4.45 EPS.
Herbalife LTD. (NYSE:HLF) last issued its quarterly earnings data on Thursday, May 4th. The company reported $1.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.37. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.04 billion. Herbalife LTD. had a net margin of 5.58% and a return on equity of 262.58%. Herbalife LTD.’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $1.36 EPS. On average, analysts expect Herbalife LTD. to post $4.5 EPS for the current fiscal year and $5.65 EPS for the next fiscal year.
Shares of Herbalife LTD. (HLF) traded down 0.26% during mid-day trading on Thursday, reaching $67.83. 167,223 shares of the company traded hands. The stock’s 50 day moving average is $71.51 and its 200 day moving average is $63.14. The stock has a market capitalization of $6.18 billion, a PE ratio of 23.52 and a beta of 1.22. Herbalife LTD. has a 52-week low of $47.62 and a 52-week high of $74.49.
In related news, Director Richard P. Bermingham sold 7,510 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $72.92, for a total transaction of $547,629.20. Following the transaction, the director now owns 1,919 shares in the company, valued at approximately $139,933.48. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Shin-Shing Bosco Chiu sold 2,813 shares of the company’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $71.90, for a total transaction of $202,254.70. Following the transaction, the insider now owns 5,000 shares in the company, valued at approximately $359,500. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,885 shares of company stock worth $4,248,643. 4.95% of the stock is owned by corporate insiders.
Several brokerages have recently commented on HLF. BidaskClub downgraded shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research note on Monday. Pivotal Research restated a “buy” rating and issued a $120.00 target price on shares of Herbalife LTD. in a research note on Thursday, July 20th. Zacks Investment Research downgraded shares of Herbalife LTD. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a research note on Tuesday, June 6th. Finally, ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Herbalife LTD. presently has an average rating of “Buy” and a consensus price target of $80.75.
Herbalife LTD. Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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