Herbalife LTD. (HLF) to Release Earnings on Thursday
Herbalife LTD. (NYSE:HLF) is scheduled to be releasing its earnings data after the market closes on Thursday, November 2nd. Analysts expect Herbalife LTD. to post earnings of $1.13 per share for the quarter. Herbalife LTD. has set its FY17 guidance at 4.30-4.70 EPS.
Herbalife LTD. (NYSE:HLF) last issued its earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.41. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the company earned $1.29 EPS. The company’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, analysts expect Herbalife LTD. to post $4.77 EPS for the current fiscal year and $5.37 EPS for the next fiscal year.
Shares of Herbalife LTD. (HLF) opened at 71.90 on Thursday. Herbalife LTD. has a 52 week low of $47.62 and a 52 week high of $79.64. The firm has a 50 day moving average price of $71.11 and a 200-day moving average price of $69.08. The firm has a market capitalization of $6.49 billion, a P/E ratio of 15.12 and a beta of 1.23.
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HLF has been the topic of several recent research reports. Zacks Investment Research upgraded Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 price objective on the stock in a research report on Thursday, August 3rd. Citigroup Inc restated a “hold” rating and issued a $73.00 price objective (up from $71.00) on shares of Herbalife LTD. in a research report on Tuesday, October 3rd. Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a research report on Monday, August 21st. SunTrust Banks, Inc. set a $67.00 target price on Herbalife LTD. and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine upgraded Herbalife LTD. from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $83.25.
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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