Herbalife Ltd (NYSE:HLF) finished Friday with an addition of $0.04 to close at $13.99, an upside of 0.29 percent. An average of 1,779,680 shares of common stock have been traded in the last five days. There was a fall of -$0.50 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 1,826,840 shares traded, while the 50-day average volume stands at 1,682,214.
HLF stock has decreased by -7.90% in the last month. The company shares reached their 1-month lowest point of $13.31 on 09/26/23. 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 $22.73 in 52 weeks. It has reached a new high 15 times so far this year and lost -5.98% or -$0.89 in price. In spite of this, the price is down -38.44% 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 31 days ago on Aug 30. In this transaction, the insider spent $98,994. 10% Owner, WindAcre Partnership Master Fu, disposed of 205,000 shares at a price of $17.56 on Nov 02. The insider now owns more than $3,599,800 worth of shares.
Valuation Metrics
Herbalife Ltd (HLF) has a trailing price-to-earnings (P/E) ratio of 6.15. The stock’s beta is 1.19. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.27, and the price-to-cash flow ratio at 8.88.
Financial Health
The quick ratio of Herbalife Ltd for the three months ended June 29 was 0.68, and the current ratio was 1.11, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $4.03 billion compared to revenue of $5.2 billion.
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 29 September was 38.21%, suggesting the stock is Neutral, with historical volatility in this time frame at 28.79%.
As of today, HLF’s price is $13.94 -3.45% or -$0.50 from its 5-day moving average. HLF is currently trading -6.86% lower than its 20-day SMA and -0.50% lower than its 100-day SMA. However, the stock’s current price level is -2.64% below the SMA50 and +7.62% above the SMA200.
The stochastic %K and %D were 31.51% and 26.43%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 37.53% and the average true range at 0.51, the RSI (14) stands at 39.87%. The stock has reached -0.33 on the 9-day MACD Oscillator while the 14-day reading was at -0.49.
Analyst Ratings
DA Davidson launched coverage on Herbalife Ltd (NYSE: HLF) in its analyst report released on September 14, 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 4 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 $17.00. Taking a look at these predictions, the average price target given by analysts for Herbalife Ltd (HLF) stock is $20.70.
