Herbalife Ltd (NYSE: HLF) Drops -111.74% From Highs, Now What?

During the last session, Herbalife Ltd (NYSE:HLF)’s traded shares were 1.08 million, with the beta value of the company hitting 1.24. At the end of the trading day, the stock’s price was $9.20, reflecting an intraday loss of -0.43% or -$0.04. The 52-week high for the HLF share is $19.48, that puts it down -111.74 from that peak though still a striking 27.39% gain since the share price plummeted to a 52-week low of $6.68. The company’s market capitalization is $918.07M, and the average trade volume was 2.50 million shares over the past three months.

Herbalife Ltd (NYSE:HLF) trade information

Herbalife Ltd (HLF) registered a -0.43% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.43% in intraday trading to $9.20, hitting a weekly high. The stock’s 5-day price performance is 11.79%, and it has moved by -1.39% in 30 days. Based on these gigs, the overall price performance for the year is -36.94%.

Herbalife Ltd (HLF) estimates and forecasts

Statistics show that Herbalife Ltd has underperformed its competitors in share price, compared to the industry in which it operates. Herbalife Ltd (HLF) shares have gone down -32.35% during the last six months, with a year-to-date growth rate less than the industry average at -18.55% against -14.10. In the rating firms’ projections, revenue will increase 1.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.26B as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 1.33B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.25B and 1.28B respectively. In this case, analysts expect current quarter sales to grow by 0.40% and then jump by 4.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -6.48%. While earnings are projected to return -7.40% in 2024, the next five years will return -0.50% per annum.

HLF Dividends

Herbalife Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Herbalife Ltd (NYSE:HLF)’s Major holders