Herbalife Nutrition Ltd. (NYSE:HLF) – Analysts at Jefferies Financial Group upped their FY2020 earnings per share (EPS) estimates for Herbalife Nutrition in a research report issued on Tuesday, January 12th. Jefferies Financial Group analyst S. Wissink now forecasts that the company will earn $3.75 per share for the year, up from their previous estimate of $3.74. Jefferies Financial Group also issued estimates for Herbalife Nutrition’s Q4 2020 earnings at $0.82 EPS, Q1 2021 earnings at $1.10 EPS, Q2 2021 earnings at $1.09 EPS, Q3 2021 earnings at $1.21 EPS, Q4 2021 earnings at $1.03 EPS, Q3 2022 earnings at $1.22 EPS, Q4 2022 earnings at $1.09 EPS and FY2022 earnings at $4.52 EPS.

Herbalife Nutrition (NYSE:HLF) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.22. Herbalife Nutrition had a net margin of 6.64% and a negative return on equity of 103.36%. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the company earned $0.73 earnings per share. The business’s quarterly revenue was up 22.2% on a year-over-year basis.

Several other research firms have also recently issued reports on HLF. ValuEngine cut shares of Herbalife Nutrition from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 5th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on shares of Herbalife Nutrition from $63.00 to $66.00 in a report on Monday, December 28th. Smith Barney Citigroup boosted their price objective on Herbalife Nutrition from $63.00 to $66.00 in a report on Monday, December 28th. Finally, Zacks Investment Research cut Herbalife Nutrition from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $57.33.

Shares of NYSE HLF opened at $50.10 on Thursday. The stock has a fifty day moving average price of $49.21 and a 200 day moving average price of $48.75. The company has a market cap of $6.59 billion, a PE ratio of 19.42 and a beta of 1.11. Herbalife Nutrition has a 1-year low of $20.73 and a 1-year high of $54.40.

Several hedge funds have recently made changes to their positions in the company. First Trust Advisors LP increased its position in shares of Herbalife Nutrition by 120.6% during the third quarter. First Trust Advisors LP now owns 148,605 shares of the company’s stock valued at $6,932,000 after acquiring an additional 81,247 shares during the last quarter. FMR LLC raised its position in shares of Herbalife Nutrition by 9,412.7% in the second quarter. FMR LLC now owns 3,952,709 shares of the company’s stock worth $177,793,000 after buying an additional 3,911,157 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Herbalife Nutrition by 3.0% in the second quarter. California State Teachers Retirement System now owns 171,107 shares of the company’s stock worth $7,696,000 after buying an additional 5,004 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Herbalife Nutrition by 8.5% during the third quarter. Robeco Institutional Asset Management B.V. now owns 357,595 shares of the company’s stock valued at $16,681,000 after purchasing an additional 27,922 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in Herbalife Nutrition during the second quarter valued at about $38,000. Institutional investors own 95.33% of the company’s stock.

In other Herbalife Nutrition news, Director Edi Hienrich sold 6,241 shares of the company’s stock in a transaction dated Friday, December 4th. The stock was sold at an average price of $49.88, for a total value of $311,301.08. Following the sale, the director now owns 48,529 shares in the company, valued at approximately $2,420,626.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard H. Carmona sold 1,552 shares of the firm’s stock in a transaction that occurred on Monday, November 23rd. The stock was sold at an average price of $48.86, for a total transaction of $75,830.72. Following the sale, the director now directly owns 24,168 shares of the company’s stock, valued at approximately $1,180,848.48. The disclosure for this sale can be found here. Insiders sold a total of 12,577,187 shares of company stock valued at $604,725,021 over the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

Herbalife Nutrition Company Profile

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. It offers weight management products, including meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutrition products, which include dietary and nutritional supplements that contain herbs, vitamins, minerals, and other natural ingredients; outer nutrition products, such as facial skin, body, and hair care products; and energy, sports, and fitness products comprising N-R-G tea and energy drink products.

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Earnings History and Estimates for Herbalife Nutrition (NYSE:HLF)

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