Somewhat Positive Media Coverage Somewhat Unlikely to Impact Herbalife LTD. (NYSE:HLF) Stock Price
News coverage about Herbalife LTD. (NYSE:HLF) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Herbalife LTD. earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.124323454422 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Recent Investment Analysts’ Ratings Updates for Herbalife LTD. (HLF) (footballhebdo.com)
- Aperio Group LLC Raises Position in Herbalife LTD. (HLF) (campdesrecrues.com)
- Herbalife LTD. (NYSE:HLF) Receives Buy Rating from Tigress Financial (vothemes.com)
- Herbalife LTD. (HLF) Rating Increased to Hold at BidaskClub (overnewsmagazine.com)
- Herbalife LTD. (NYSE:HLF) Stock Rating Lowered by BidaskClub (wisdomsave.com)
HLF has been the subject of a number of research reports. Zacks Investment Research upgraded Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a research note on Thursday, August 3rd. Pivotal Research lifted their target price on Herbalife LTD. from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, June 5th. Citigroup Inc. lifted their target price on Herbalife LTD. from $66.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, May 31st. SunTrust Banks, Inc. set a $67.00 target price on Herbalife LTD. and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Finally, Tigress Financial restated a “buy” rating on shares of Herbalife LTD. in a research note on Tuesday, June 6th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $83.00.
Herbalife LTD. (HLF) opened at 65.88 on Friday. The firm has a market capitalization of $5.94 billion, a P/E ratio of 13.85 and a beta of 1.20. Herbalife LTD. has a 52 week low of $47.62 and a 52 week high of $74.49. The firm has a 50-day moving average price of $69.90 and a 200-day moving average price of $64.23.
Herbalife LTD. (NYSE:HLF) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.41. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Herbalife LTD. had a net margin of 9.28% and a return on equity of 216.82%. The company’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.29 earnings per share. Equities analysts forecast that Herbalife LTD. will post $4.71 EPS for the current year.
About Herbalife LTD.
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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