Herbalife Ltd (NYSE: HLF) has seen a decline in its stock price by -9.35 in relation to its previous close of 10.05. However, the company has experienced a 0.55% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-01 that Investors didn’t respond well to the announcement of a $700 million notes issue. The senior secured notes mature in 2029.
Is It Worth Investing in Herbalife Ltd (NYSE: HLF) Right Now?
Herbalife Ltd (NYSE: HLF) has a higher price-to-earnings ratio of 6.41x compared to its average ratio, The 36-month beta value for HLF is at 1.23. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for HLF is 95.30M, and currently, shorts hold a 13.73% of that float. The average trading volume for HLF on April 02, 2024 was 2.00M shares.
HLF’s Market Performance
HLF’s stock has seen a 0.55% increase for the week, with a 3.17% rise in the past month and a -40.84% fall in the past quarter. The volatility ratio for the week is 5.99%, and the volatility levels for the past 30 days are at 5.86% for Herbalife Ltd The simple moving average for the last 20 days is 0.96% for HLF stock, with a simple moving average of -31.10% for the last 200 days.
Analysts’ Opinion of HLF
Many brokerage firms have already submitted their reports for HLF stocks, with DA Davidson repeating the rating for HLF by listing it as a “Neutral.” The predicted price for HLF in the upcoming period, according to DA Davidson is $13.50 based on the research report published on September 14, 2023 of the previous year 2023.
Mizuho, on the other hand, stated in their research note that they expect to see HLF reach a price target of $13. The rating they have provided for HLF stocks is “Neutral” according to the report published on June 07th, 2023.
BofA Securities gave a rating of “Underperform” to HLF, setting the target price at $14 in the report published on February 03rd of the previous year.
HLF Trading at -10.31% from the 50-Day Moving Average
After a stumble in the market that brought HLF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.23% of loss for the given period.
Volatility was left at 5.86%, however, over the last 30 days, the volatility rate increased by 5.99%, as shares surge +4.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.83% lower at present.
During the last 5 trading sessions, HLF rose by +0.55%, which changed the moving average for the period of 200-days by -26.94% in comparison to the 20-day moving average, which settled at $9.04. In addition, Herbalife Ltd saw -40.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLF starting from Mendoza Juan Miguel, who purchase 16,079 shares at the price of $9.40 back on Mar 26 ’24. After this action, Mendoza Juan Miguel now owns 54,622 shares of Herbalife Ltd, valued at $151,143 using the latest closing price.
Macadrai Rodica, the Director of Herbalife Ltd, purchase 5,332 shares at $9.40 during a trade that took place back on Mar 26 ’24, which means that Macadrai Rodica is holding 18,048 shares at $50,121 based on the most recent closing price.
Stock Fundamentals for HLF
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.76 for the gross margin
The net margin for Herbalife Ltd stands at 0.03. The total capital return value is set at 0.23.
Based on Herbalife Ltd (HLF), the company’s capital structure generated 1.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at -2.61. The interest coverage ratio of the stock is 2.22.
Currently, EBITDA for the company is 482.2 million with net debt to EBITDA at 4.91. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 62.34for trailing twelve months and the total asset turnover is 1.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In conclusion, Herbalife Ltd (HLF) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
