Herbalife (HLF) Given Daily Coverage Optimism Rating of 0.17
Media stories about Herbalife (NYSE:HLF) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. 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 news sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.9355873557809 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s analysis:
- Eagle Bulk Shipping Inc. (EGLE) Trades at $4.90 After Triangle; Aristeia Capital Has Increased Its Herbalife LTD … – Teletechwire (press release) (teletechwire.com)
- Was Herbalife Ltd’s (NYSE:HLF) Earnings Growth Better Than The Industry’s? (finance.yahoo.com)
- Applied Matls (AMAT) Shareholder Davidson DA & Company Decreased Holding; Herbalife LTD (HLF) Holding … – Hill Country Times (hillcountrytimes.com)
- Owl Creek Asset Management LP Holding in Herbalife LTD (HLF) Has Cut as Stock Rose; Amgen (AMGN … – Hill Country Times (hillcountrytimes.com)
- Bulls Run On for Shop Inc. (US) – But for How Much Longer? (finance.yahoo.com)
A number of research firms recently weighed in on HLF. Pivotal Research reiterated a “buy” rating and issued a $120.00 price target on shares of Herbalife in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded Herbalife from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine lowered Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 4th. Citigroup reiterated a “hold” rating and issued a $73.00 price target (up previously from $71.00) on shares of Herbalife in a research report on Tuesday, October 3rd. Finally, SunTrust Banks reiterated a “hold” rating and issued a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $83.25.
Herbalife (NYSE:HLF) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.82 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.82. Herbalife had a return on equity of 176.64% and a net margin of 8.60%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the company posted $1.21 EPS. Herbalife’s revenue for the quarter was down 3.3% on a year-over-year basis. analysts anticipate that Herbalife will post 4.55 EPS for the current year.
In other Herbalife news, SVP Thomas Harms sold 8,532 shares of the firm’s stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $68.49, for a total transaction of $584,356.68. Following the completion of the sale, the senior vice president now directly owns 1,000 shares in the company, valued at approximately $68,490. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shin-Shing Bosco Chiu sold 2,380 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $69.98, for a total value of $166,552.40. Following the sale, the insider now owns 5,000 shares of the company’s stock, valued at $349,900. The disclosure for this sale can be found here. Insiders have sold a total of 19,444 shares of company stock valued at $1,335,266 over the last 90 days. Corporate insiders own 4.95% of the company’s stock.
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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