Analysts Update Their Price Forecasts For Herbalife Ltd (HLF)

Herbalife Ltd (HLF) concluded trading on Thursday at a closing price of $8.15, with 3.03 million shares of worth about $24.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -28.70% during that period and on December 05, 2024 the price saw a gain of about 2.52%. Currently the company’s common shares owned by public are about 100.70M shares, out of which, 97.91M shares are available for trading.

Stock saw a price change of 1.37% in past 5 days and over the past one month there was a price change of -0.49%. Year-to-date (YTD), HLF shares are showing a performance of -46.59% which decreased to -37.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.59 but also hit the highest price of $15.66 during that period. The average intraday trading volume for Herbalife Ltd shares is 2.05 million. The stock is currently trading 0.20% above its 20-day simple moving average (SMA20), while that difference is up 7.98% for SMA50 and it goes to -9.78% lower than SMA200.

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Herbalife Ltd (NYSE: HLF) currently have 100.70M outstanding shares and institutions hold larger chunk of about 108.62% of that.

The stock has a current market capitalization of $821.46M and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 9.54, while it has posted earnings per share of $0.85 in the same period. Its PEG reads 0.50 and has Quick Ratio of 0.57. 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 3.98% while standing at 5.12% over the month.

Stock’s fiscal year EPS is expected to drop by -21.58% while it is estimated to increase by 16.73% in next year. EPS is likely to grow at an annualized rate of 18.95% 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 B. Riley Securities on August 01, 2024 offering a Buy rating for the stock and assigned a target price range of between $16 and $17 to it. Coverage by DA Davidson stated Herbalife Ltd (HLF) stock as a Neutral in their note to investors on September 14, 2023, suggesting a price target of $13.50 for the stock. On June 07, 2023, Mizuho Initiated their recommendations, while on February 03, 2023, BofA Securities Initiated their ratings for the stock with a price target of $14. Stock get a Buy rating from Jefferies on July 12, 2022.

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