Herbalife LTD. (HLF) Receives Hold Rating from SunTrust Banks, Inc.

SunTrust Banks, Inc. reissued their hold rating on shares of Herbalife LTD. (NYSE:HLF) in a report released on Friday. The firm currently has a $67.00 target price on the stock.

A number of other research analysts have also recently commented on the company. Pivotal Research reiterated a buy rating and issued a $120.00 price objective on shares of Herbalife LTD. in a report on Thursday, July 20th. BidaskClub cut Herbalife LTD. from a strong-buy rating to a buy rating in a report on Monday, July 24th. Citigroup Inc. set a $72.00 price objective on Herbalife LTD. and gave the company a hold rating in a report on Wednesday, August 2nd. ValuEngine upgraded Herbalife LTD. from a hold rating to a buy rating in a report on Friday, September 1st. Finally, Tigress Financial reiterated a buy rating on shares of Herbalife LTD. in a report on Monday, August 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $83.25.

Herbalife LTD. (NYSE:HLF) opened at $64.85 on Friday. Herbalife LTD. has a twelve month low of $47.62 and a twelve month high of $79.64. The company has a market capitalization of $5,710.54, a P/E ratio of 14.33 and a beta of 1.32. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24.

Herbalife LTD. (NYSE:HLF) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, meeting analysts’ consensus estimates of $0.82. Herbalife LTD. had a return on equity of 176.64% and a net margin of 8.60%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the firm posted $1.21 earnings per share. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. equities analysts anticipate that Herbalife LTD. will post 4.55 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new position in Herbalife LTD. during the second quarter worth $106,000. Phocas Financial Corp. acquired a new position in Herbalife LTD. during the second quarter worth $124,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Herbalife LTD. by 11.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company’s stock worth $180,000 after purchasing an additional 268 shares in the last quarter. Opera Trading Capital acquired a new position in Herbalife LTD. during the third quarter worth $185,000. Finally, The Manufacturers Life Insurance Company lifted its stake in Herbalife LTD. by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock worth $201,000 after purchasing an additional 189 shares in the last quarter.

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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