Media stories about Herbalife LTD. (NYSE:HLF) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern 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 coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.6287228300634 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Options Traders Expect Huge Moves in Herbalife (HLF) Stock – Nasdaq (nasdaq.com)
- Life After Herbalife – Seeking Alpha (seekingalpha.com)
- Herbalife: Moody’s Downgrade Is Coming (seekingalpha.com)
- Herbalife LTD. (HLF) Rating Reiterated by SunTrust Banks, Inc. (americanbankingnews.com)
- Herbalife: The Fundamental Future – Seeking Alpha (seekingalpha.com)
Herbalife LTD. (NYSE HLF) traded down $0.64 during trading hours on Tuesday, reaching $64.85. 710,300 shares of the company traded hands, compared to its average volume of 1,251,642. Herbalife LTD. has a 52-week low of $47.62 and a 52-week high of $79.64. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24. The firm has a market capitalization of $5,710.54, a price-to-earnings ratio of 14.33 and a beta of 1.32.
Herbalife LTD. (NYSE:HLF) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.82 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. Herbalife LTD. had a net margin of 8.60% and a return on equity of 176.64%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $1.21 earnings per share. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. equities research analysts expect that Herbalife LTD. will post 4.55 earnings per share for the current fiscal year.
Several research firms recently weighed in on HLF. Zacks Investment Research upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 target price for the company in a research note on Thursday, August 3rd. ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Pivotal Research reiterated a “buy” rating and issued a $120.00 target price on shares of Herbalife LTD. in a research note on Thursday, August 31st. Tigress Financial reiterated a “buy” rating on shares of Herbalife LTD. in a research note on Monday, August 21st. Finally, BidaskClub cut shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $83.25.
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About Herbalife LTD.
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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