Herbalife (NYSE:HLF – Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, July 31st. Analysts expect Herbalife to post earnings of $0.43 per share for the quarter. Herbalife has set its Q2 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.
Herbalife (NYSE:HLF – Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.12. The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Herbalife had a net margin of 2.70% and a negative return on equity of 19.97%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 EPS. On average, analysts expect Herbalife to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Herbalife Stock Down 0.9 %
Shares of Herbalife stock opened at $12.38 on Tuesday. Herbalife has a 12 month low of $6.68 and a 12 month high of $19.48. The stock has a market cap of $1.24 billion, a PE ratio of 9.03 and a beta of 1.25. The business has a fifty day simple moving average of $11.09 and a 200-day simple moving average of $10.32.
Insider Activity at Herbalife
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. DA Davidson reaffirmed a “neutral” rating and set a $9.50 target price on shares of Herbalife in a research note on Thursday, May 2nd. StockNews.com downgraded shares of Herbalife from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Finally, Mizuho increased their target price on shares of Herbalife from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, June 7th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.70.
View Our Latest Analysis on HLF
About Herbalife
Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.
See Also
- Five stocks we like better than Herbalife
- Ride Out The Recession With These Dividend KingsĀ
- Survey: Top 175 Fittest Retirement Locations in America
- Stock Market Upgrades: What Are They?
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Top Stocks Investing in 5G Technology
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for Herbalife Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Herbalife and related companies with MarketBeat.com's FREE daily email newsletter.