Media headlines about Herbalife LTD. (NYSE:HLF) have been trending somewhat positive recently, Alpha One reports. Alpha One, a service of Accern, rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herbalife LTD. earned a news impact score of 0.10 on Alpha One’s scale. Alpha One also gave news coverage about the company an impact score of 81 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected AlphaOne Sentiment’s rankings:
- Traders Buy High Volume of Call Options on Herbalife LTD. (HLF) (americanbankingnews.com)
- Herbalife LTD. Target of Unusually Large Options Trading (HLF) (americanbankingnews.com)
- Herbalife Ltd. (NYSE:HLF) Investor Investigation over possible Violations of Securities Laws (openpr.com)
- Unusual Activity Spotted in Herbalife Ltd (HLF) – Evergreen Caller (evergreencaller.com)
- Herbalife: Profiting From The Obesity Pandemic – Seeking Alpha (seekingalpha.com)
Several equities research analysts have recently issued reports on HLF shares. Zacks Investment Research lowered Herbalife LTD. from a “hold” rating to a “sell” rating in a report on Monday, February 27th. Citigroup Inc. started coverage on Herbalife LTD. in a report on Tuesday, March 14th. They set a “neutral” rating and a $58.00 price target for the company. TheStreet upgraded Herbalife LTD. from a “c” rating to a “b-” rating in a report on Monday, April 17th. Tigress Financial assumed coverage on Herbalife LTD. in a research note on Monday, April 24th. They issued a “buy” rating on the stock. Finally, Pivotal Research cut their price objective on Herbalife LTD. from $105.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, May 5th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $80.75.
Shares of Herbalife LTD. (HLF) traded up 0.11% on Friday, hitting $71.87. The company had a trading volume of 1,446,185 shares. The firm has a market capitalization of $6.55 billion, a P/E ratio of 24.92 and a beta of 1.24. Herbalife LTD. has a 12-month low of $47.62 and a 12-month high of $74.32. The firm has a 50 day moving average of $70.06 and a 200-day moving average of $58.68.
Herbalife LTD. (NYSE:HLF) last released its quarterly earnings data on Thursday, May 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.37. Herbalife LTD. had a return on equity of 262.58% and a net margin of 5.58%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the firm posted $1.36 earnings per share. The business’s revenue was down 1.6% on a year-over-year basis. On average, equities analysts predict that Herbalife LTD. will post $4.62 EPS for the current year.
In other news, insider Shin-Shing Bosco Chiu sold 2,813 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $71.90, for a total value of $202,254.70. Following the completion of the sale, the insider now directly owns 5,000 shares of the company’s stock, valued at $359,500. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Calero Miguel Angel Fernandez sold 30,401 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $72.02, for a total value of $2,189,480.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 58,885 shares of company stock valued at $4,248,643. Insiders own 4.95% of the company’s stock.
Herbalife LTD. 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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