Herbalife Ltd (NYSE:HLF) price on current trading day, rose 3.98% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $8.62.
A look at the stock’s price movement, the close in the last trading session was $8.29. The PE ratio in trailing twelve months stood at 3.45. Turning to its 52-week performance, $12.79 and $5.04 were the 52-week high and 52-week low respectively. Overall, HLF moved 32.41% over the past month.
Herbalife Ltd’s market cap currently stands at around $872.31 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 1.24B for the company’s revenue for the quarter, with a low and high estimate of 1.23B and 1.25B respectively. The average forecast suggests down to a -2.03% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5B, representing a 0.17% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HLF is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend HLF as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
HLF’s current price about 39.57% and 33.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 74.42, while 7-day volatility ratio is 12.49% and 6.73% in the 30-day chart. Further, Herbalife Ltd (HLF) has a beta value of 1.04, and an average true range (ATR) of 0.55. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $9.5 and high of $36. Looking at the price targets, the low is -10.21% off current price level while to achieve the yearly target high, price needs to move -317.63%. Nonetheless, investors will most likely welcome a -27.61% jump to $11 which is the analysts’ median price.
If we refocus on Herbalife Ltd (NYSE:HLF), historical trading data shows that trading volumes averaged 2.82 million over the past 3 months. The company’s latest data on shares outstanding shows there are 101.20 million shares.
The 2.72% of Herbalife Ltd’s shares are in the hands of company insiders while institutional holders own 100.80% of the company’s shares. Current price change has pushed the stock 28.85% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HLF stock continues to rise going into the next quarter.
