Herbalife (HLF) Set to Announce Earnings on Thursday

Herbalife (NYSE:HLF) will be posting its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Herbalife to post earnings of $0.95 per share for the quarter.

Shares of Herbalife (NYSE:HLF) opened at $83.17 on Thursday. The company has a quick ratio of 2.24, a current ratio of 2.65 and a debt-to-equity ratio of 9.94. The stock has a market capitalization of $7,166.74, a price-to-earnings ratio of 18.86 and a beta of 1.37. Herbalife has a one year low of $50.70 and a one year high of $84.96.

A number of equities research analysts have issued reports on the company. ValuEngine upgraded Herbalife from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. Pivotal Research reiterated a “buy” rating and issued a $120.00 target price on shares of Herbalife in a research note on Thursday, January 25th. Zacks Investment Research cut Herbalife from a “hold” rating to a “strong sell” rating in a research note on Monday, November 6th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $67.00 target price on shares of Herbalife in a research note on Friday, November 10th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $83.25.

In other news, insider Shin-Shing Bosco Chiu sold 2,380 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $69.98, for a total transaction of $166,552.40. Following the transaction, the insider now directly owns 5,000 shares of the company’s stock, valued at $349,900. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert Levy sold 6,980 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $78.54, for a total value of $548,209.20. Following the transaction, the executive vice president now directly owns 212,595 shares in the company, valued at $16,697,211.30. The disclosure for this sale can be found here. Insiders have sold 38,201 shares of company stock worth $2,801,087 over the last three months. Corporate insiders own 4.95% of the company’s stock.

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About Herbalife

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.

Earnings History for Herbalife (NYSE:HLF)

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