December 1, 2016 - By Ruchi Gupta · 0 Comments
Herbalife LTD (NYSE:HLF) institutional sentiment decreased to 0.95 in Q2 2016. Its down -0.34, from 1.29 in 2016Q1. The ratio dropped, as 121 investment professionals started new or increased stock positions, while 94 decreased and sold stock positions in Herbalife LTD. The investment professionals in our partner’s database now have: 87.76 million shares, down from 90.91 million shares in 2016Q1. Also, the number of investment professionals holding Herbalife LTD in their top 10 stock positions decreased from 9 to 7 for a decrease of 2. Sold All: 23 Reduced: 71 Increased: 82 New Position: 39.
Herbalife Ltd. is a global nutrition company. The company has a market cap of $4.54 billion. The Firm develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. It has a 17.25 P/E ratio. The Company’s divisions include North America; Mexico; South & Central America; Europe, Middle East, and Africa ; Asia Pacific, and China.
The stock closed at $49.03 during the last session. It is down 17.91% since April 28, 2016 and is downtrending. It has underperformed by 23.84% the S&P500.
Analysts await Herbalife Ltd. (NYSE:HLF) to report earnings on February, 23. They expect $0.92 EPS, down 22.69% or $0.27 from last year’s $1.19 per share. HLF’s profit will be $85.19 million for 13.32 P/E if the $0.92 EPS becomes a reality. After $1.21 actual EPS reported by Herbalife Ltd. for the previous quarter, Wall Street now forecasts -23.97% negative EPS growth.
According to Zacks Investment Research, “Herbalife is a global network marketing company offering a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle.”
Indus Capital Partners Llc holds 14.92% of its portfolio in Herbalife Ltd. for 2.63 million shares. Deccan Value Investors L.P. owns 2.13 million shares or 14.75% of their US portfolio. Moreover, Route One Investment Company L.P. has 11.4% invested in the company for 3.61 million shares. The New York-based Owl Creek Asset Management L.P. has invested 6.34% in the stock. Icahn Carl C, a New York-based fund reported 17.00 million shares.#img1#
Ratings analysis reveals 67% of Herbalife’s analysts are positive. Out of 3 Wall Street analysts rating Herbalife, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $54.88 while the high is $100.0. The stock’s average target of $66.78 is 36.20% above today’s ($49.03) share price. HLF was included in 10 notes of analysts from August 6, 2015. The rating was maintained by Pivotal Research with “Buy” on Wednesday, November 4. The stock of Herbalife Ltd. (NYSE:HLF) earned “Buy” rating by Pivotal Research on Tuesday, August 4. Barclays Capital maintained Herbalife Ltd. (NYSE:HLF) rating on Tuesday, August 4. Barclays Capital has “Overweight” rating and $64 price target. On Friday, August 7 the stock rating was downgraded by Vetr to “Buy”. The stock of Herbalife Ltd. (NYSE:HLF) has “Buy” rating given on Thursday, August 27 by Pivotal Research. The stock of Herbalife Ltd. (NYSE:HLF) has “Buy” rating given on Monday, August 31 by Vetr. The firm has “Hold” rating given on Friday, August 7 by Zacks. The stock of Herbalife Ltd. (NYSE:HLF) earned “Neutral” rating by Sterne Agee CRT on Tuesday, July 21.
Herbalife Ltd., incorporated on April 4, 2002, is a global nutrition company. The Firm develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s divisions include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China. The Firm markets and sells over 140 products, encompassing approximately 5,000 stock keeping units (SKUs) globally.
More recent Herbalife Ltd. (NYSE:HLF) news were published by: Valuewalk.com which released: “What Happened To Herbalife Ltd. (HLF) Director and Audit Chair Richard Bermingham?” on November 21, 2016. Also Valuewalk.com published the news titled: “John Oliver Roasts MLMs Calls Herbalife” on November 07, 2016. Valuewalk.com‘s news article titled: “Herbalife Ltd. Shares Slip After Earnings Beat, Net Sales Miss” with publication date: November 01, 2016 was also an interesting one.
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By Ruchi Gupta