Favorable Media Coverage Somewhat Unlikely to Impact Herbalife (HLF) Stock Price
Headlines about Herbalife (NYSE:HLF) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Herbalife earned a daily sentiment score of 0.32 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.0991390563314 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Herbalife Earns IBD Rating Upgrade (finance.yahoo.com)
- Herbalife Nutrition Sponsored Soccer Athletes and Team Will Compete in 2018 FIFA World Cup Russia (finance.yahoo.com)
- ValuEngine Downgrades Herbalife (HLF) to Buy (americanbankingnews.com)
- Comparing DS Healthcare Group (DSKX) and Herbalife (HLF) (americanbankingnews.com)
- The Business of Major League Soccer Ahead of MLS Cup (zacks.com)
Herbalife (NYSE HLF) traded down $0.35 during trading hours on Wednesday, hitting $67.64. The stock had a trading volume of 785,416 shares, compared to its average volume of 1,213,237. The firm has a market cap of $5,920.00, a PE ratio of 14.81 and a beta of 1.27. Herbalife has a twelve month low of $47.70 and a twelve month high of $79.64. The company has a current ratio of 2.65, a quick ratio of 2.24 and a debt-to-equity ratio of 9.94.
Herbalife (NYSE:HLF) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Herbalife had a return on equity of 176.64% and a net margin of 8.60%. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.21 EPS. research analysts forecast that Herbalife will post 4.55 EPS for the current fiscal year.
Several research analysts recently commented on HLF shares. Pivotal Research reissued a “buy” rating and set a $120.00 target price on shares of Herbalife in a research note on Tuesday, October 3rd. ValuEngine raised Herbalife from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Tigress Financial reissued a “buy” rating on shares of Herbalife in a research note on Monday, August 21st. Zacks Investment Research cut Herbalife from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, BidaskClub raised Herbalife from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $83.25.
Herbalife Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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