Herbalife (NYSE:HLF) Announces Earnings Results

Herbalife (NYSE:HLF) issued its quarterly earnings results on Wednesday. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.28, Zacks reports. Herbalife had a net margin of 1.73% and a negative return on equity of 18.66%. Herbalife updated its FY 2025 guidance to EPS.

Herbalife Stock Down 1.7 %

Shares of NYSE:HLF traded down $0.10 during midday trading on Wednesday, reaching $5.69. The company’s stock had a trading volume of 3,532,031 shares, compared to its average volume of 2,091,730. The firm has a market capitalization of $573.39 million, a PE ratio of 6.69, a P/E/G ratio of 0.19 and a beta of 1.15. The stock has a fifty day moving average of $6.34 and a 200 day moving average of $7.28. Herbalife has a twelve month low of $5.04 and a twelve month high of $12.79.

Analyst Upgrades and Downgrades

HLF has been the topic of a number of recent analyst reports. Mizuho upped their price target on shares of Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. StockNews.com upgraded shares of Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Citigroup cut their price target on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. DA Davidson cut their price objective on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Finally, B. Riley cut their price objective on shares of Herbalife from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $9.90.

About Herbalife

Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.