Herbalife LTD. (NYSE:HLF) has been given a consensus rating of “Buy” by the eight research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $83.00.

A number of research analysts recently commented on HLF shares. Pivotal Research dropped their target price on shares of Herbalife LTD. from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, May 5th. BidaskClub downgraded shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. ValuEngine raised shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. TheStreet raised shares of Herbalife LTD. from a “c” rating to a “b-” rating in a research report on Monday, April 17th. Finally, Zacks Investment Research raised shares of Herbalife LTD. from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th.

Herbalife LTD. (NYSE HLF) traded up 0.03% during midday trading on Tuesday, hitting $62.44. 333,010 shares of the stock traded hands. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of 13.13 and a beta of 1.20. The company has a 50-day moving average price of $69.57 and a 200 day moving average price of $64.39. Herbalife LTD. has a one year low of $47.62 and a one year high of $74.49.

Herbalife LTD. (NYSE:HLF) last posted its earnings results on Tuesday, August 1st. The company reported $1.51 EPS for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.41. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. The company’s revenue was down 4.6% on a year-over-year basis. During the same period last year, the firm posted $1.29 EPS. Equities research analysts anticipate that Herbalife LTD. will post $4.71 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. M&T Bank Corp increased its position in shares of Herbalife LTD. by 0.3% in the second quarter. M&T Bank Corp now owns 5,371 shares of the company’s stock valued at $384,000 after buying an additional 15 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Herbalife LTD. by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock valued at $201,000 after buying an additional 189 shares during the last quarter. Virginia Retirement Systems ET AL increased its position in shares of Herbalife LTD. by 2.2% in the first quarter. Virginia Retirement Systems ET AL now owns 9,300 shares of the company’s stock valued at $541,000 after buying an additional 200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Herbalife LTD. by 11.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company’s stock valued at $180,000 after buying an additional 268 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Herbalife LTD. by 6.3% in the second quarter. Prudential Financial Inc. now owns 5,081 shares of the company’s stock valued at $362,000 after buying an additional 300 shares during the last quarter.

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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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