During the recent session, Herbalife Ltd (NYSE:HLF)’s traded shares were 2.73 million, with the beta value of the company hitting 1.19. At the last check today, the stock’s price was $7.56, reflecting an intraday gain of 11.05% or $0.75. The 52-week high for the HLF share is $15.66, that puts it down -107.14 from that peak though still a striking 12.83% gain since the share price plummeted to a 52-week low of $6.59. The company’s market capitalization is $761.69M, and the average intraday trading volume over the past 10 days was 1.7 million shares, and the average trade volume was 1.78 million shares over the past three months.
Herbalife Ltd (HLF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.57. HLF has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.35.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Herbalife Ltd (NYSE:HLF) trade information
Herbalife Ltd (HLF) registered a 11.05% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 11.05% in intraday trading to $7.56, hitting a weekly high. The stock’s 5-day price performance is 9.44%, and it has moved by 10.89% in 30 days. Based on these gigs, the overall price performance for the year is -46.93%. The short interest in Herbalife Ltd (NYSE:HLF) is 12.46 million shares and it means that shorts have 7.64 day(s) to cover.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 31.27% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.5 and $36 respectively. As a result, HLF is trading at a discount of -376.19% off the target high and -25.66% off the low.
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 -19.38% during the last six months, with a year-to-date growth rate less than the industry average at -39.37% against -37.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -46.20% this quarter and then drop -46.40% in the quarter after that. In the rating firms’ projections, revenue will decrease -1.50% 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 1.24B as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 1.2B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.28B and 1.22B respectively. In this case, analysts expect current quarter sales to shrink by -3.20% and then drop by -1.20% 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 -36.29% in 2024, the next five years will return 19.61% per annum.
HLF Dividends
Herbalife Ltd is due to release its next quarterly earnings on 2024-Oct-30. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 1.7%.
Herbalife Ltd (NYSE:HLF)’s Major holders
Herbalife Ltd insiders own 1.75% of total outstanding shares while institutional holders control 111.36%, with the float percentage being 113.35%. VANGUARD GROUP INC is the largest shareholder of the company, while 258.0 institutions own stock in it. As of 2024-06-30, the company held over 10.42 million shares (or 10.3538% of all shares), a total value of $108.22 million in shares.
The next largest institutional holding, with 8.7 million shares, is of WINDACRE PARTNERSHIP LLC’s that is approximately 8.6516% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $90.43 million.
