Herbalife Ltd. (HLF) Can't Be More Safe. Trades Significantly Higher


Herbalife Ltd. (HLF) Can't Be More Safe. Trades Significantly Higher

On Aug. 15, the last trading day before Herbalife commenced its offer, its shares (HLF: NYSE) had a closing price of $61.95.

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Northwestern Mutual Wealth Mgmt has 0% invested in Herbalife Ltd. (NYSE:HLF) for 29 shares. As of the latest earnings report the EPS was $4.76 and is projected to be $4.71 for the current year with 90,199,000 shares now outstanding. Next quarter's EPS is forecasted at $1.07 and the next full year EPS is projected to be $5.37. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion.

On 6/5/2017, Pivotal Research released a statement for Herbalife Ltd. (NYSE:HLF) upped the target price from $105.00 to $120.00.

On Monday, Herbalife also announced an offer to purchase up to US$600 million in shares of common stock for between $60 and $68 per share. At the time of writing, the First Call consensus price target for the company is $83.50. BidaskClub upgraded Herbalife LTD. from a "sell" rating to a "hold" rating in a report on Tuesday, August 8th. TheStreet raised shares of Herbalife LTD. from a "c" rating to a "b-" rating in a research note on Monday, April 17th. Herbalife LTD. Herbalife LTD.'s quarterly revenue was down 4.6% on a year-over-year basis. Herndon Cap Management Ltd Limited Liability Company owns 366 shares.

The board of directors determined that the tender offer is an appropriate way to return capital to shareholders seeking liquidity under current market conditions. If you are accessing this report on another website, it was illegally stolen and reposted in violation of USA & global copyright and trademark laws. Sei Investments Co. increased its stake in shares of Herbalife LTD.by 6.6% in the first quarter. Susquehanna International Group, Llp now holds 2,003,300 shares with a value of $142,895,000.

With a total market value of $0, Herbalife Ltd. has PE ratio of 13.03 with a one year low of $47.62 and a one year high of $74.49. Sterling Capital Management LLC claims 31,670 shares worth $2,259,000. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,523 shares of the company's stock valued at $180,000 after buying an additional 268 shares during the last quarter. As of quarter end Nomura Holdings Inc had sold 67,879 shares trimming its holdings by 90.5%. Nomura Holdings Inc controls 7,121 shares valued at $508,000. Sei Investments Co. now owns 12,845 shares of the company's stock valued at $747,000 after buying an additional 797 shares during the last quarter.

Cubist Systematic Strategies Ltd Limited Liability Company holds 4,890 shares or 0.02% of its portfolio. 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. The Company's operating divisions are based on geographical activities in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa; Asia Pacific, and China.