Herbalife (NYSE:HLF) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Herbalife Ltd (NYSE:HLF) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.88 and traded as high as $14.85. Herbalife shares last traded at $14.6430, with a volume of 976,857 shares changing hands.

Analyst Upgrades and Downgrades

HLF has been the topic of a number of research reports. Citigroup reissued a “buy” rating and issued a $21.00 price objective (up from $17.00) on shares of Herbalife in a research note on Thursday, February 19th. Mizuho set a $13.00 target price on Herbalife and gave the company a “neutral” rating in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Herbalife in a report on Thursday, January 22nd. Wall Street Zen upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Finally, Argus set a $15.00 price target on shares of Herbalife in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Herbalife presently has an average rating of “Moderate Buy” and an average target price of $17.25.

Herbalife Trading Down 3.7%

The business has a 50-day moving average price of $16.77 and a 200 day moving average price of $12.91. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 6.70, a P/E/G ratio of 0.91 and a beta of 0.83.

Herbalife (NYSE:HLF) last issued its earnings results on Wednesday, February 18th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.03). Herbalife had a negative return on equity of 35.02% and a net margin of 4.53%.The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the previous year, the firm earned $0.36 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. On average, analysts anticipate that Herbalife Ltd will post 1.57 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of Herbalife by 1.1% during the second quarter. Geode Capital Management LLC now owns 2,810,794 shares of the company’s stock valued at $24,231,000 after acquiring an additional 31,077 shares during the period. Iridian Asset Management LLC CT boosted its stake in Herbalife by 9.9% in the 3rd quarter. Iridian Asset Management LLC CT now owns 2,449,155 shares of the company’s stock worth $20,671,000 after purchasing an additional 220,896 shares during the period. Quantedge Capital Pte Ltd grew its position in Herbalife by 5.2% during the 4th quarter. Quantedge Capital Pte Ltd now owns 2,249,683 shares of the company’s stock worth $28,998,000 after purchasing an additional 111,700 shares in the last quarter. Solel Partners LP raised its stake in Herbalife by 18.7% during the 2nd quarter. Solel Partners LP now owns 1,669,405 shares of the company’s stock valued at $14,390,000 after purchasing an additional 262,614 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Herbalife by 3.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,451,749 shares of the company’s stock valued at $18,713,000 after purchasing an additional 52,642 shares during the period.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.