Herbalife Nutrition Ltd. [NYSE: HLF] gained 3.16% or 1.5 points to close at $48.98 with a heavy trading volume of 1256103 shares. The company report on November 6, 2020 that Herbalife Nutrition Announces Changes to Senior Leadership Roles.
Bosco Chiu to Become Chief Risk Officer, Alex Amezquita to Become Chief Financial Officer.
The Board of Directors of Herbalife Nutrition Ltd. (NYSE: HLF) announced that Bosco Chiu, Executive Vice President and Chief Financial Officer, will serve as the company’s first-ever Chief Risk Officer, effective November 9, 2020. Simultaneously, Alex Amezquita, Senior Vice President of Finance and Strategic Planning, has been elevated to Chief Financial Officer. Both will report directly to the CEO and continue to serve on the Executive Committee.
It opened the trading session at $47.78, the shares rose to $49.60 and dropped to $47.71, the range by which the price of stock traded the whole day. The daily chart for HLF points out that the company has recorded 18.80% gains over the past six months. However, it is still -136.28% lower than its most recent low trading price.
If we look at the average trading volume of 1.13M shares, HLF reached to a volume of 1256103 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Herbalife Nutrition Ltd. [HLF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HLF shares is $65.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HLF stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
CFRA have made an estimate for Herbalife Nutrition Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 07, 2020. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on December 04, 2019, representing the official price target for Herbalife Nutrition Ltd. stock. Previously, the target price had yet another drop from $75 to $65, while Pivotal Research Group kept a Buy rating on HLF stock.
The Average True Range (ATR) for Herbalife Nutrition Ltd. is set at 1.50, with the Price to Sales ratio for HLF stock in the period of the last 12 months amounting to 1.50. Price to Free Cash Flow for HLF in the course of the last twelve months was 12.16 with Quick ratio for the last quarter at 1.80.
Trading performance analysis for HLF stock
Herbalife Nutrition Ltd. [HLF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.38. With this latest performance, HLF shares dropped by -3.05% in over the last four-week period, additionally plugging by 18.80% over the last 6 months – not to mention a rise of 8.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HLF stock in for the last two-week period is set at 54.26, with the RSI for the last a single of trading hit 59.60, and the three-weeks RSI is set at 52.93 for Herbalife Nutrition Ltd. [HLF]. The present Moving Average for the last 50 days of trading for this stock 48.61, while it was recorded at 46.70 for the last single week of trading, and 42.31 for the last 200 days.
Herbalife Nutrition Ltd. [HLF]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Herbalife Nutrition Ltd. [HLF] shares currently have an operating margin of +10.91 and a Gross Margin at +78.81. Herbalife Nutrition Ltd.’s Net Margin is presently recorded at +6.38.
Return on Total Capital for HLF is now 31.75, given the latest momentum, and Return on Invested Capital for the company is 23.83. Additionally, HLF Total Debt to Total Capital is recorded at 124.07, with Total Debt to Total Assets ending up at 75.05.
Reflecting on the efficiency of the workforce at the company, Herbalife Nutrition Ltd. [HLF] managed to generate an average of $32,737 per employee. Receivables Turnover for the company is 60.40 with a Total Asset Turnover recorded at a value of 1.78.Herbalife Nutrition Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 2.20.
Herbalife Nutrition Ltd. [HLF]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Herbalife Nutrition Ltd. posted 0.73/share EPS, while the average EPS was predicted by analysts to be reported at 0.64/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HLF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Herbalife Nutrition Ltd. go to -0.50%.
An analysis of insider ownership at Herbalife Nutrition Ltd. [HLF]
There are presently around $6,325 million, or 78.90% of HLF stock, in the hands of institutional investors. The top three institutional holders of HLF stocks are: ICAHN CARL C with ownership of 35,227,904, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 18,397,822 shares of the stock with an approximate value of $901.12 million in HLF stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $538.68 million in HLF stock with ownership of nearly 13.581% of the company’s market capitalization.
Positions in Herbalife Nutrition Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 113 institutional holders increased their position in Herbalife Nutrition Ltd. [NYSE:HLF] by around 15,801,424 shares. Additionally, 106 investors decreased positions by around 13,785,912 shares, while 29 investors held positions by with 99,555,591 shares. The mentioned changes placed institutional holdings at 129,142,927 shares, according to the latest SEC report filing. HLF stock had 52 new institutional investments in for a total of 3,129,168 shares, while 26 institutional investors sold positions of 780,797 shares during the same period.