In the latest trading session, 0.83 million Herbalife Ltd (NYSE:HLF) shares changed hands as the company’s beta touched 1.04. With the company’s most recent per share price at $8.38 changed hands at -$0.32 or -3.74% at last look, the market valuation stands at $847.52M. HLF’s current price is a discount, trading about -52.63% off its 52-week high of $12.79. The share price had its 52-week low at $5.04, which suggests the last value was 39.86% up since then.
Analysts gave the Herbalife Ltd (HLF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.25. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended HLF as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Herbalife Ltd (NYSE:HLF) trade information
Instantly HLF was in red as seen in intraday trades today. With action 44.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 25.19%, with the 5-day performance at 44.65% in the green. However, in the 30-day time frame, Herbalife Ltd (NYSE:HLF) is 29.84% up.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 23.82% from its recent market value. According to analyst projections, HLF’s forecast low is 9.5 with 36 as the target high. To hit the forecast high, the stock’s price needs a -329.59% plunge from its current level, while the stock would need to soar -13.37% for it to hit the projected low.
Herbalife Ltd (NYSE:HLF)’s Major holders
WINDACRE PARTNERSHIP LLC holds the second largest percentage of outstanding shares, with 8.6516% or 8.7 million shares worth $90.43 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 2.96 shares estimated at $24.51 million under it, the former controlled 2.92% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.83% of the shares, roughly 2.86 shares worth around $23.72 million.
