Herbalife Nutrition Ltd (NYSE:HLF) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 7,077 put options on the company. This is an increase of 1,542% compared to the typical volume of 431 put options.
HLF stock opened at $44.04 on Wednesday. The company has a market capitalization of $6.72 billion, a PE ratio of 15.29 and a beta of 0.52. Herbalife Nutrition has a 12-month low of $33.62 and a 12-month high of $61.77. The business’s fifty day moving average price is $43.28 and its 200 day moving average price is $40.94.
Herbalife Nutrition (NYSE:HLF) last announced its earnings results on Tuesday, October 29th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.09. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Herbalife Nutrition had a negative return on equity of 65.44% and a net margin of 6.26%. Herbalife Nutrition’s revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the business posted $0.74 EPS. Sell-side analysts expect that Herbalife Nutrition will post 2.66 EPS for the current fiscal year.
HLF has been the topic of a number of recent analyst reports. Pi Financial raised shares of Herbalife Nutrition from a “neutral” rating to a “buy” rating and upped their target price for the company from $8.75 to $12.75 in a research report on Thursday, August 8th. Zacks Investment Research raised shares of Herbalife Nutrition from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada reissued a “hold” rating and issued a $10.00 price target on shares of Herbalife Nutrition in a research note on Thursday, August 8th. Finally, ValuEngine upgraded shares of Herbalife Nutrition from a “hold” rating to a “buy” rating in a report on Wednesday, October 30th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.96.
Herbalife Nutrition Company Profile
Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.
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