Herbalife (HLF) Receiving Somewhat Favorable Media Coverage, Study Shows
Media stories about Herbalife (NYSE:HLF) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Herbalife earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.7284589495578 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Bulls Run On for Shop Inc. (US) – But for How Much Longer? (finance.yahoo.com)
- Herbalife Ltd. (HLF) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Tegean Capital Management Position in Ocwen Finl (OCN) Has Cut by $2.04 Million as Stock Value Declined … – Hill Country Times (hillcountrytimes.com)
- Herbalife LTD (HLF) Shareholder Pekin Singer Strauss Asset Management Cut Holding; Continental Advisors … – Hill Country Times (hillcountrytimes.com)
- Sizing up Herbalife Ltd (HLF)’s Gordson Hollis PIS Indicator – Clawson News (clawsonnews.com)
Several research firms have recently weighed in on HLF. Citigroup reissued a “hold” rating and issued a $73.00 price target (up previously from $71.00) on shares of Herbalife in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of Herbalife from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. ValuEngine raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. SunTrust Banks reissued a “hold” rating and issued a $67.00 price target on shares of Herbalife in a research note on Friday, November 10th. Finally, Pivotal Research reaffirmed a “buy” rating and set a $120.00 price objective on shares of Herbalife in a research report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a hold rating and three have given 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 (NYSE:HLF) traded up $0.87 during trading hours on Friday, hitting $70.22. 617,600 shares of the company were exchanged, compared to its average volume of 789,284. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24. The stock has a market cap of $6,120.00, a PE ratio of 15.92 and a beta of 1.25. Herbalife has a 1 year low of $49.12 and a 1 year high of $79.64.
Herbalife (NYSE:HLF) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.82 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.82. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Herbalife had a net margin of 8.60% and a return on equity of 176.64%. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the company posted $1.21 EPS. equities analysts predict that Herbalife will post 4.55 earnings per share for the current year.
In related news, SVP Thomas Harms sold 8,532 shares of the stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $68.49, for a total transaction of $584,356.68. Following the completion of the transaction, the senior vice president now owns 1,000 shares of the company’s stock, valued at approximately $68,490. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shin-Shing Bosco Chiu sold 2,380 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $69.98, for a total transaction of $166,552.40. Following the transaction, the insider now directly owns 5,000 shares of the company’s stock, valued at approximately $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 in the last ninety days. 4.95% of the stock is currently owned by corporate insiders.
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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