Herbalife Ltd (NYSE: HLF)’s stock price has plunge by 1.46relation to previous closing price of 9.58. Nevertheless, the company has seen a 9.46% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-01 that Herbalife Ltd. (NYSE:HLF ) Q1 2024 Earnings Conference Call May 1, 2024 5:30 PM ET Company Participants Erin Banyas – Vice President and Head of Investor Relations Michael Johnson – Chairman and Chief Executive Officer Stephan Gratziani – President John DeSimone – Chief Financial Officer Conference Call Participants Chasen Bender – Citigroup Inc. John Baumgartner – Mizuho Securities Anna Lizzul – Bank of America Hale Holden – Barclays Bank PLC Linda Bolton-Weiser – D.A.
Is It Worth Investing in Herbalife Ltd (NYSE: HLF) Right Now?
The price-to-earnings ratio for Herbalife Ltd (NYSE: HLF) is above average at 7.09x, Company’s 36-month beta value is 1.21.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for HLF is 95.97M, and currently, short sellers hold a 15.94% ratio of that floaft. The average trading volume of HLF on May 07, 2024 was 2.63M shares.
HLF’s Market Performance
HLF stock saw an increase of 9.46% in the past week, with a monthly gain of 23.66% and a quarterly increase of -13.91%. The volatility ratio for the week is 6.52%, and the volatility levels for the last 30 days are 5.22% for Herbalife Ltd (HLF). The simple moving average for the past 20 days is 11.40% for HLF’s stock, with a -23.31% simple moving average for the past 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 10.53% 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 -50.10% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 6.52%, as shares surge +20.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.11% upper at present.
During the last 5 trading sessions, HLF rose by +9.46%, which changed the moving average for the period of 200-days by -32.36% in comparison to the 20-day moving average, which settled at $8.81. In addition, Herbalife Ltd saw -36.30% 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 Mulligan Donal L, who purchase 30,000 shares at the price of $9.65 back on May 03 ’24. After this action, Mulligan Donal L now owns 60,000 shares of Herbalife Ltd, valued at $289,500 using the latest closing price.
Mendoza Juan Miguel, the Director of Herbalife Ltd, purchase 16,079 shares at $9.40 during a trade that took place back on Mar 26 ’24, which means that Mendoza Juan Miguel is holding 54,622 shares at $151,143 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
- 0.77 for the gross margin
The net margin for Herbalife Ltd stands at 0.03. The total capital return value is set at 0.21.
Based on Herbalife Ltd (HLF), the company’s capital structure generated 1.74 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 -2.36. The interest coverage ratio of the stock is 2.2.
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 0.63. The receivables turnover for the company is 57.73for trailing twelve months and the total asset turnover is 1.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
In a nutshell, Herbalife Ltd (HLF) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
