Herbalife Nutrition (HLF) to report quarterly results on Monday

Herbalife Nutrition (NYSE:HLF – Get Rating) plans to release quarterly earnings data after the market closes on Monday, October 31. Analysts expect the company to report earnings of $0.74 per share for the quarter. Interested parties can listen to the company’s conference call using this link.

Herbalife Nutrition (NYSE:HLF – Get Rating) last released its quarterly earnings data on Tuesday, Aug. 2. The company reported earnings of $0.96 per share for him in the quarter, beating analyst consensus expectations of $0.63 by $0.33. The business earned him $1.39 billion during the quarter, compared to consensus expectations of $1.3 billion. Herbalife Nutrition’s return on equity was 27.55% and net profit margin was 6.21%. On average, analysts expect Herbalife Nutrition to report EPS of $3 in the current fiscal year and $4 in the next fiscal year.

Herbalife Nutrition Stock 1.8% up

The NYSE HLF opened at $20.94 on Monday. The company has a market capitalization of $2.26 billion, a price/earnings ratio of 6.37 and a beta of 1.16. Herbalife Nutrition has a 12-month low of $19.30 and a 12-month high of $47.86. His 50-day simple moving average for this stock is $23.89 and its 200-day simple moving average is $24.16.

institution inflow and outflow

Several institutional investors and hedge funds have recently bought and sold shares in the business. Vanguard Group Inc. increased its Herbalife Nutrition holdings by 0.5% in the first quarter. Vanguard Group Inc. now owns 11,115,662 shares of the company worth $337,471,000 after he purchased an additional 52,198 shares during this period. Dimensional Fund Advisors LP increased its holding in Herbalife Nutrition by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,011,947 shares of the company worth $30,723,000 after he purchased an additional 17,482 shares during this period. Charles Schwab Investment Management Inc. increased his Herbalife Nutrition holdings by 5.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,002,831 shares worth $30,446,000 after purchasing an additional 52,202 shares during this period. Northern Trust Corporation increased its stake in Herbalife Nutrition by 97.0% in the second quarter. Northern Trust Corporation now owns 922,730 shares worth $18,871,000 after purchasing an additional 454,437 shares during this period. Finally, Sei Investments Co. increased his Herbalife Nutrition holdings by 11.8% in the second quarter. Sei Investments Co. now owns 407,193 shares of the company worth $8,323,000 after purchasing an additional 42,925 shares during this period. 92.32% of the shares are owned by institutional investors.

Analyst Rating Change

A number of research firms have recently published reports on HLF. The Royal Bank of Canada raised its price target for Herbalife Nutrition from his $13.00 to his $14.00 in a research report on Thursday, Aug. 11, giving the stock a ‘Sector Performing’ rating. StockNews.com began coverage of Herbalife Nutrition shares in a research report on Wednesday, October 12th. They have set a “buy” rating on the stock. Citigroup lowered its price target for Herbalife Nutrition from $36.00 to $30.00 and gave the stock a Buy rating in a research report on Wednesday, October 5. Finally, Jefferies Financial Group upgraded Herbalife Nutrition’s stock from a ‘hold’ rating to a ‘buy’ rating and set a price target of $26.00 in a research report on Tuesday, July 12. Two analysts rated the stock with a hold rating and three assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “moderate buy” and an average target price of $27.75.

About Herbalife Nutrition

(get rating)

Herbalife Nutrition Ltd. is a holding company that develops and markets nutritional solutions. It operates in segments of North America, Mexico, Latin America, Europe, Middle East, Africa, Asia Pacific and China. The company was founded by Mark Reynolds Hughes in his February 1980 and is headquartered in Georgetown, Cayman Islands.

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