Shares of Herbalife Nutrition Ltd (NYSE:HLF) have earned a consensus rating of “Hold” from the nine brokerages that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $64.88.

Several analysts have recently weighed in on the company. ValuEngine lowered Herbalife Nutrition from a “buy” rating to a “hold” rating in a report on Monday, April 1st. BMO Capital Markets reissued a “neutral” rating on shares of Herbalife Nutrition in a report on Thursday, February 28th. Jefferies Financial Group reissued a “buy” rating and set a $65.00 price objective on shares of Herbalife Nutrition in a report on Tuesday, February 26th. Pivotal Research reissued a “buy” rating and set a $70.00 price objective on shares of Herbalife Nutrition in a report on Tuesday, February 19th. Finally, Argus reissued a “buy” rating and set a $72.00 price objective on shares of Herbalife Nutrition in a report on Friday, January 4th.

Shares of NYSE:HLF opened at $53.87 on Friday. Herbalife Nutrition has a 1-year low of $48.15 and a 1-year high of $61.77. The company has a market cap of $8.31 billion, a PE ratio of 18.70, a PEG ratio of 1.06 and a beta of 0.32.

Herbalife Nutrition (NYSE:HLF) last announced its quarterly earnings data on Tuesday, February 19th. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.02. Herbalife Nutrition had a negative return on equity of 67.86% and a net margin of 6.06%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm earned $1.29 EPS. Herbalife Nutrition’s revenue for the quarter was up 8.5% compared to the same quarter last year. Research analysts expect that Herbalife Nutrition will post 2.9 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Herbalife Nutrition by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 10,058,515 shares of the company’s stock valued at $548,692,000 after buying an additional 103,973 shares in the last quarter. Vanguard Group Inc boosted its stake in Herbalife Nutrition by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 10,058,515 shares of the company’s stock valued at $548,692,000 after buying an additional 103,973 shares in the last quarter. BlackRock Inc. boosted its stake in Herbalife Nutrition by 3.4% in the 3rd quarter. BlackRock Inc. now owns 5,698,507 shares of the company’s stock valued at $310,854,000 after buying an additional 188,790 shares in the last quarter. APG Asset Management N.V. boosted its stake in Herbalife Nutrition by 35.3% in the 4th quarter. APG Asset Management N.V. now owns 2,830,500 shares of the company’s stock valued at $145,963,000 after buying an additional 738,200 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Herbalife Nutrition by 6.1% in the 3rd quarter. Morgan Stanley now owns 1,716,881 shares of the company’s stock valued at $93,655,000 after buying an additional 98,129 shares in the last quarter. 93.98% of the stock is currently owned by institutional investors and hedge funds.

About Herbalife Nutrition

Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

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Analyst Recommendations for Herbalife Nutrition (NYSE:HLF)

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