Herbalife Ltd. (NYSE:HLF) finished Friday with a subtraction of -$0.19 to close at $17.27, a downside of -1.09 percent. An average of 1,186,780 shares of common stock have been traded in the last five days. There was a fall of -$1.34 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 1,675,305 shares traded, while the 50-day average volume stands at 1,485,648.
HLF stock has increased by 27.08% in the last month. The company shares reached their 1-month lowest point of $12.36 on 07/12/23. With the stock rallying to its 52-week high on 02/15/23, shares of the company touched a low of $11.14 and a high of $30.65 in 52 weeks. It has reached a new high 15 times so far this year and achieved 16.06% or $2.39 in price. In spite of this, the price is down -43.65% from the 52-week high.
Insider Transactions
HLF stock investors should be aware that Herbalife Ltd. (HLF) stock had its last reported insider trading activity 283 days ago on May 08.
Valuation Metrics
Herbalife Ltd. (HLF) has a trailing price-to-earnings (P/E) ratio of 6.77. The stock’s beta is 1.16. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.34, and the price-to-cash flow ratio at 11.03.
Financial Health
The quick ratio of Herbalife Ltd. for the three months ended June 29 was 0.70, and the current ratio was 1.10, indicating that the company is not able to meet its debt obligations. Herbalife Ltd.’s EBITDA margin for the year ending June 29 is 12.52%, while its operating margin for the same period stands at 8.70%. Its gross profit as reported stood at $4.03 billion compared to revenue of $5.2 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Herbalife Ltd.’s return on assets was 8.30%.
Earnings Surprise
For the three-month period that ended June 29, Herbalife Ltd. had $2.33 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $59.9 million in the quarter, while revenues of $29.3 million were shrunk -44.41%. The analyst consensus anticipated Herbalife Ltd.’s latest quarter earnings to come in at $0.69 per share, but it turned out to be $0.74, a 7.20% surprise. For the quarter, EBITDA amounted to $152.5 million. Shareholders own equity worth $99.0 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Herbalife Ltd. (HLF) price momentum. RSI 9-day as of the close on 11 August was 57.08%, suggesting the stock is Neutral, with historical volatility in this time frame at 84.36%.
As of today, HLF’s price is $17.88 -7.20% or -$1.34 from its 5-day moving average. HLF is currently trading +30.34% higher than its 20-day SMA and +2.37% higher than its 100-day SMA. However, the stock’s current price level is +45.86% above the SMA50 and -17.01% below the SMA200.
The stochastic %K and %D were 56.94% and 67.72%, respectively, and the average true range (ATR) was 0.79. With the 14-day stochastic at 44.75% and the average true range at 0.77, the RSI (14) stands at 60.72%. The stock has reached -0.14 on the 9-day MACD Oscillator while the 14-day reading was at 0.31.
Analyst Ratings
Mizuho launched coverage on Herbalife Ltd. (NYSE: HLF) in its analyst report released on June 07, 2023. The firm assigned the stock a Neutral rating. The consensus rating for Herbalife Ltd. (HLF) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HLF, while 3 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is HLF’s price target for the next 12 months?
Analysts predict a range of price targets between $12.00 and $33.00, with a median target of $22.50. Taking a look at these predictions, the average price target given by analysts for Herbalife Ltd. (HLF) stock is $22.50.
