Herbalife (HLF) Set to Announce Earnings on Wednesday

Herbalife (NYSE:HLF) is set to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Herbalife to post earnings of $0.37 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Herbalife (NYSE:HLF) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.10). Herbalife had a net margin of 2.81% and a negative return on equity of 19.56%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the company posted $0.53 earnings per share. The firm’s revenue was up .0% compared to the same quarter last year. On average, analysts expect Herbalife to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Herbalife Trading Down 0.8 %

HLF opened at $8.81 on Monday. Herbalife has a 1-year low of $6.68 and a 1-year high of $19.48. The stock has a market capitalization of $879.15 million, a price-to-earnings ratio of 6.20 and a beta of 1.22. The business has a 50 day moving average of $8.76 and a 200-day moving average of $11.72.

Insider Buying and Selling

In related news, CEO Michael Johnson acquired 61,725 shares of the company’s stock in a transaction on Friday, February 16th. The stock was purchased at an average cost of $8.07 per share, for a total transaction of $498,120.75. Following the completion of the purchase, the chief executive officer now directly owns 603,707 shares of the company’s stock, valued at approximately $4,871,915.49. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Michael Johnson acquired 61,725 shares of the company’s stock in a transaction on Friday, February 16th. The stock was purchased at an average cost of $8.07 per share, for a total transaction of $498,120.75. Following the completion of the purchase, the chief executive officer now directly owns 603,707 shares of the company’s stock, valued at approximately $4,871,915.49. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Henry C. Wang acquired 2,778 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were bought at an average price of $9.30 per share, with a total value of $25,835.40. Following the completion of the purchase, the executive vice president now directly owns 176,194 shares of the company’s stock, valued at $1,638,604.20. The disclosure for this purchase can be found here. Insiders bought a total of 85,757 shares of company stock valued at $723,278 over the last ninety days. 0.94% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Bank of America reduced their price objective on Herbalife from $10.00 to $8.00 and set an “underperform” rating for the company in a research report on Thursday, March 21st. DA Davidson reduced their target price on Herbalife from $11.00 to $9.50 and set a “neutral” rating for the company in a research report on Monday, March 25th. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, February 16th. Finally, Mizuho reduced their target price on Herbalife from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.50.

Herbalife Company Profile

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.