Herbalife Ltd (HLF) concluded trading on Thursday at a closing price of $8.03, with 21.43 million shares of worth about $172.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -48.95% during that period and on Thursday the price saw a loss of about -31.66%. Currently the company’s common shares owned by public are about 99.20M shares, out of which, 95.93M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 51 times over the past 12 months. They bought 312,692 shares in 22 of the transactions. In 29 selling transactions, insiders dumped 147,574 shares.
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Stock saw a price change of -35.03% in past 5 days and over the past one month there was a price change of -34.87%. Year-to-date (YTD), HLF shares are showing a performance of -47.38% which decreased to -53.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.94 but also hit the highest price of $21.33 during that period. The average intraday trading volume for Herbalife Ltd shares is 1.33 million. The stock is currently trading -33.78% below its 20-day simple moving average (SMA20), while that difference is down -39.73% for SMA50 and it goes to -42.07% lower than SMA200.
Herbalife Ltd (NYSE: HLF) currently have 99.20M outstanding shares and institutions hold larger chunk of about 105.86% of that.
The stock has a current market capitalization of $795.85M and its 3Y-monthly beta is at 1.28. PE ratio of stock for trailing 12 months is 5.65, while it has posted earnings per share of $1.42 in the same period. It has Quick Ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HLF, volatility over the week remained 11.54% while standing at 6.24% over the month.
Analysts are in expectations that Herbalife Ltd (HLF) stock would likely to be making an EPS of $0.39 in the current quarter, while forecast for next quarter EPS is $0.53 and it is $3.1 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.35 which is $0.42 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.53 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.97% while it is estimated to increase by 12.54% in next year. EPS is likely to grow at an annualized rate of -0.50% for next 5-years, compared to annual growth of -6.48% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on September 14, 2023 offering a Neutral rating for the stock and assigned a target price of $13.50 to it.
