The stock of Herbalife Ltd (NYSE:HLF) last traded at $11.17, down -3.54% from the previous session.
HLF stock price is now 2.32% away from the 50-day moving average and -2.74% away from the 200-day moving average. The market capitalization of the company currently stands at $1.12B.
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With the price target of $13.50, DA Davidson recently initiated with Neutral rating for Herbalife Ltd (NYSE: HLF). On June 07, 2023, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $13, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Mendoza Juan Miguel, Director bought 7,000 shares of the company’s stock on May 10 ’24. The stock was bought for $74,550 at an average price of $10.65. Upon completion of the transaction, the Director now directly owns 93,279 shares in the company, valued at $1.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’24, Director Mendoza Juan Miguel bought 5,500 shares of the business’s stock. A total of $58,245 was incurred on buying the stock at an average price of $10.59. This leaves the insider owning 86,279 shares of the company worth $0.96 million. A total of 3.28% of the company’s stock is owned by insiders.
During the past 12 months, Herbalife Ltd has had a low of $6.68 and a high of $19.48. According to the stock market information, the enterprise value for the company is $3326337792, which is based on a 8.15 price-to-earnings ratio, a 0.33 price-to-earnings-growth ratio, and a beta of 1.26. The fifty day moving average price for HLF is $10.9388 and a two-hundred day moving average price translates $11.4727 for the stock.
The latest earnings results from Herbalife Ltd (NYSE: HLF) was released for 2024-03-31. The company reported revenue of $1.26 billion for the quarter, compared to $1.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.97 percent.
