The stock of Herbalife Ltd. (NYSE:HLF) increased by $0.07 on Tuesday to finish at $14.54, up 0.48 percent. The last five days have seen an average of 2,746,600 shares of common stock traded. 15 times new highs were reached in the current year, with a fall of -$0.34. The average number of shares traded over the last 20 days was 1,675,630, while the average volume over the last 50 days totaled 1,599,214.
HLF stock dropped -5.77% since last month. On 09/08/23, the company’s shares reached a one-month low of $14.15. The stock touched a high of $23.10 on 02/15/23, after rallying from a low of $11.14 in 52 weeks. The price of HLF stock has declined by -2.28% or -$0.34 this year, reaching a new high 15 times. Still, the stock price is down -37.06% 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 21 days ago on Aug 30. On Aug 30, EVP & Chief of Staff Montesino Ibelis sold 6,604 shares at $14.99 each. This transaction resulted in the insider making $98,994. On May 08, Gratziani Stephan Paulo added 23,500 shares at a price of US$14.06. After the transaction, the insider now owns 34,529 shares. Director Mulligan Donal L had earlier bought 15,000 shares on Feb 22 for $19.32 a share. The transaction was completed for $289,800.
Valuation Metrics
Herbalife Ltd. (HLF) has a trailing price-to-earnings (P/E) ratio of 6.39. Beta for the stock is 1.19. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.29, and the price-to-cash flow ratio of 9.50.
Company paid $0.15 per share in dividends, remained unchanged from $0.15 last year.
Financial Health
For the three months ended June 29, Herbalife Ltd.’s quick ratio was 0.70, while its current ratio was 1.10, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 77.20% percent. Herbalife Ltd.’s EBITDA margin for the year ended June 29 was 12.52%, whereas its operating margin stood at 8.80% for the same period. Based on annual data, it had gross profit of $4.03 billion and revenue of $5.2 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HLF’s return on assets (ROA) during the last 12 months has been 8.30%. There was a 31.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -18.10%.
Earnings Surprise
According to Herbalife Ltd.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.31 billion, while revenues fell by -5.99% to $1.25 billion. It was predicted that Herbalife Ltd.’s quarterly earnings would be $0.74, but it ended up being $0.69, beating the consensus by 7.20%. EBITDA was $152.5 million for the quarter. At the end of Herbalife Ltd.’s most recent quarter ended June 29, its liabilities totaled 3.92 billion, while its total debt was $2.84 billion. Equity owned by shareholders amounts to $99.0 million.
Technical Picture
Here’s a quick look at Herbalife Ltd.’s (HLF) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 41.93%, suggesting the stock is Neutral, with a 33.85% historical volatility rate.
The stochastic %K and %D were 23.96% and 31.08% respectively, while the average true range (ATR) was 0.50. Based on the 14-day stochastic reading of 24.38%, the RSI (14) reading is 43.13%. On the 9-day MACD Oscillator, the stock is at -0.01, and the 14-day reading is at -0.17.
Analyst Ratings
In its analyst report released on September 14, 2023, DA Davidson began covering Herbalife Ltd. (NYSE: HLF). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Herbalife Ltd. (HLF) an Hold rating. HLF is a stock that is recommended for selling by 0 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is HLF’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.00 and $33.00, with a median target price of $17.00. In analyzing these forecasts, the average price target given by analysts for Herbalife Ltd. (HLF) is $20.70.
