Somewhat Favorable News Coverage Somewhat Unlikely to Impact Herbalife (HLF) Stock Price
Media stories about Herbalife (NYSE:HLF) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Herbalife earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.4467044449698 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Herbalife Sees IBD RS Rating Climb To 71 (finance.yahoo.com)
- Herbalife Ltd. breached its 50 day moving average in a Bullish Manner : HLF-US : December 25, 2017 (finance.yahoo.com)
- Alibaba Group Holding Limited (NYSE: BABA) (nismagazine.com)
- Pershing Square Closes Short Position in Herbalife Ltd. (HLF); Read Fund’s Detailed Analysis (feedproxy.google.com)
- Douglass Winthrop Advisors Raised Its Walt Disney Co/The (DIS) Stake; 3 Analysts Covering Herbalife Ltd. (HLF) – Hill Country Times (hillcountrytimes.com)
Herbalife (NYSE HLF) traded up $1.00 on Tuesday, hitting $70.59. 408,782 shares of the stock traded hands, compared to its average volume of 1,197,260. The company has a current ratio of 2.65, a quick ratio of 2.24 and a debt-to-equity ratio of 9.94. Herbalife has a fifty-two week low of $47.91 and a fifty-two week high of $79.64. The company has a market cap of $6,068.05, a price-to-earnings ratio of 16.01 and a beta of 1.27.
Herbalife (NYSE:HLF) last posted its earnings results on Thursday, November 2nd. The company reported $0.82 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. Herbalife had a net margin of 8.60% and a return on equity of 176.64%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. sell-side analysts predict that Herbalife will post 4.55 EPS for the current fiscal year.
Several brokerages have issued reports on HLF. ValuEngine raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. Pivotal Research reissued a “buy” rating and issued a $120.00 price target on shares of Herbalife in a report on Thursday, August 31st. Zacks Investment Research lowered shares of Herbalife from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. SunTrust Banks reissued a “hold” rating and issued a $67.00 price target on shares of Herbalife in a report on Friday, November 10th. Finally, Citigroup reissued a “hold” rating and issued a $73.00 price target (up previously from $71.00) on shares of Herbalife in a report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $83.25.
In other news, insider Shin-Shing Bosco Chiu sold 2,380 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $69.98, for a total value of $166,552.40. Following the sale, the insider now owns 5,000 shares of the company’s stock, valued at approximately $349,900. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.95% of the stock is currently owned by corporate insiders.
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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