StockNews.com Downgrades Herbalife Nutrition (NYSE:HLF) to Hold

NYSE:HLF opened at $21.97 on Friday. Herbalife Vitamin has a 1 12 months low of $20.12 and a 1 12 months excessive of $55.78. The inventory’s 50 day easy transferring common is $26.08 and its two-hundred day easy transferring common is $34.82. The corporate has a market cap of $2.38 billion, a price-to-earnings ratio of 5.89 and a beta of 1.08.

Herbalife Vitamin (NYSE:HLFGet Rating) final launched its quarterly earnings knowledge on Tuesday, Could third. The corporate reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Herbalife Vitamin had a unfavorable return on fairness of 33.49% and a web margin of seven.06%. The enterprise had income of $1.34 billion for the quarter, in comparison with the consensus estimate of $1.38 billion. Throughout the identical quarter within the earlier 12 months, the corporate posted $1.42 EPS. The corporate’s income was down 11.1% in comparison with the identical quarter final 12 months. On common, equities analysis analysts count on that Herbalife Vitamin will submit 3.5 EPS for the present fiscal 12 months.
In different information, President John Desimone purchased 43,478 shares of Herbalife Vitamin inventory in a transaction on Wednesday, Could eleventh. The inventory was acquired at a median price of $21.54 per share, for a complete transaction of $936,516.12. Following the completion of the acquisition, the president now owns 123,452 shares of the corporate’s inventory, valued at roughly $2,659,156.08. The acquisition was disclosed in a authorized submitting with the Securities & Change Fee, which is obtainable at this link. Additionally, CEO John O. Agwunobi bought 4,222 shares of the inventory in a transaction dated Tuesday, Could tenth. The inventory was bought at a median worth of $23.55 per share, for a complete transaction of $99,428.10. Following the completion of the acquisition, the chief government officer now straight owns 134,745 shares within the firm, valued at roughly $3,173,244.75. The disclosure for this buy might be discovered here. Insiders acquired a complete of 63,080 shares of firm inventory valued at $1,372,132 during the last quarter. Firm insiders personal 0.66% of the corporate’s inventory.

Comments

0 comments

Leave a comment

Your email address will not be published. Required fields are marked *