Herbalife Ltd (NYSE:HLF) saw a downside of -4.60% to close Tuesday at $13.70 after subtracting -$0.66 on the day. The 5-day average trading volume is 1,779,340 shares of the company’s common stock. It has gained $15.13 in the past week and touched a new high 2 times within the past 5 days. An average of 1,750,765 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,661,424.
HLF’s 1-month performance is -11.44% or -$1.77 on its low of $13.31 reached on 09/26/23. The company’s shares have touched a 52-week low of $11.14 and high of $22.73, with the stock’s rally to the 52-week high happening on 02/15/23. YTD, HLF has lost -7.93% or -$1.18 and has reached a new high 15 times. However, the current price is down -39.71% from the 52-week high price.
Insider Transactions
HLF stock investors last saw insider trading activity on Aug 30.Montesino Ibelis (EVP & Chief of Staff) most recently sold 6,604 shares at $14.99 per share on Aug 30. This transaction cost the insider $98,994. 10% Owner, WindAcre Partnership Master Fu, sold 205,000 shares at a price of $17.56 on Nov 02.
Valuation Metrics
HLF stock has a beta of 1.19. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.27 while the price to cash flow ratio at 8.70.
Herbalife Ltd’s quick ratio for the period ended June 29 was 0.68, with the current ratio over the same period at 1.11.. In terms of profitability, the gross margin trailing 12 months is 75.09%. The trailing 12-month EBITDA margin is 12.52% while for the period ending June 29, Herbalife Ltd’s operating margin was 9.43%. The firm’s gross profit as reported stood at $4.03 billion against revenue of $5.2 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -44.41% to $59.9 million, while revenue of $29.3 million was 51.09% off the previous quarter. Analysts expected HLF to announce $0.69 per share in earnings in its latest quarter, but it posted $0.74, representing a 7.20% surprise. EBITDA for the quarter stood at more than $152.5 million. HLF stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 3.92 billion, with total debt at $2.84 billion. Shareholders hold equity totaling $99.0 million.
Let’s look briefly at Herbalife Ltd (HLF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 28.74% to suggest the stock is trending oversold, with historical volatility in this time period at 33.07%.
The stock’s 5-day moving average is $14.35, reflecting a -5.78% or -$0.84 change from its current price. HLF is currently trading -11.44% above its 20-day SMA, -0.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.82% and SMA200 by+8.56%.
Stochastic %K and %D was 23.50% and 26.45% and the average true range (ATR) pointed at 0.56. The RSI (14) points at 34.74%, while the 14-day stochastic is at 21.64% with the period’s ATR at 0.56. The stock’s 9-day MACD Oscillator is pointing at -0.30 and -0.29 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Herbalife Ltd (NYSE: HLF), DA Davidson launched coverage with a Neutral rating. Analysts offering their rating for HLF stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate HLF as a “sell,”, while 4 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is HLF’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $12.00 and a high of $33.00, with their median price target at $17.00. Looking at these predictions, the average price target given by analysts is for Herbalife Ltd (HLF) stock is $20.70.
