Herbalife LTD. (HLF) Earning Somewhat Positive Press Coverage, Study Shows
News stories about Herbalife LTD. (NYSE:HLF) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Herbalife LTD. earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.4671284007385 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Herbalife Ltd (HLF) Shares See TEMA Climbing Higher – Evergreen Caller (evergreencaller.com)
- Active Runner in Focus – Herbalife Ltd (HLF) – Luxora Leader (luxoraleader.com)
- J C Penney Jumps To The Top Of The Short Seller List (finance.yahoo.com)
- Herbalife LTD. (HLF) Receives Buy Rating from Pivotal Research (americanbankingnews.com)
- Herbalife : Announces Waiver and Amendment of Condition to Its Tender Offer for Common Shares (4-traders.com)
Shares of Herbalife LTD. (NYSE HLF) traded up 0.57% during mid-day trading on Friday, reaching $69.40. The company had a trading volume of 696,087 shares. Herbalife LTD. has a 52-week low of $47.62 and a 52-week high of $74.49. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 14.59 and a beta of 1.22. The firm’s 50-day moving average price is $67.65 and its 200 day moving average price is $65.27.
Herbalife LTD. (NYSE:HLF) last issued its quarterly earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.41. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The business’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 earnings per share. Equities analysts expect that Herbalife LTD. will post $4.71 EPS for the current year.
A number of analysts recently commented on HLF shares. Tigress Financial reiterated a “buy” rating on shares of Herbalife LTD. in a research report on Tuesday, June 6th. Pivotal Research lifted their price objective on Herbalife LTD. from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, June 5th. ValuEngine upgraded Herbalife LTD. from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded Herbalife LTD. from a “hold” rating to a “buy” rating and set a $73.00 price objective for the company in a research report on Thursday, August 3rd. Finally, BidaskClub lowered Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Herbalife LTD. has an average rating of “Buy” and an average price target of $83.00.
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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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