Herbalife Ltd [HLF] stock Reiterated by B. Riley Securities analyst, price target now $17

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Herbalife Ltd [NYSE: HLF] stock went on an upward path that rose over 3.94% on Thursday, amounting to a one-week price decrease of less than -7.04%.

Over the last 12 months, HLF stock dropped by -56.72%. The one-year Herbalife Ltd stock forecast points to a potential upside of 29.03. The average equity rating for HLF stock is currently 2.57, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $665.23 million, with 100.70 million shares outstanding and 97.96 million shares in the current float. Compared to the average trading volume of 2.34M shares, HLF stock reached a trading volume of 2596323 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Herbalife Ltd [HLF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HLF shares is $9.30 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 2.57. 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.

B. Riley Securities have made an estimate for Herbalife Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 01, 2024. While these analysts kept the previous recommendation, DA Davidson raised their target price to Neutral. The new note on the price target was released on September 14, 2023, representing the official price target for Herbalife Ltd stock. Previously, the target price had yet another raise to $13, while Mizuho analysts kept a Neutral rating on HLF stock.

The Average True Range (ATR) for Herbalife Ltd is set at 0.39, with the Price to Sales ratio for HLF stock in the period of the last 12 months amounting to 0.13. Price to Free Cash Flow for HLF in the course of the last twelve months was 3.69 with Quick ratio for the last quarter at 0.57.

HLF Stock Performance Analysis:

Herbalife Ltd [HLF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.04. With this latest performance, HLF shares dropped by -23.52% in over the last four-week period, additionally sinking by -37.62% over the last 6 months – not to mention a drop of -56.72% 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 34.62, with the RSI for the last a single of trading hit 31.51, and the three-weeks RSI is set at 37.98 for Herbalife Ltd [HLF]. The present Moving Average for the last 50 days of trading for this stock 7.58, while it was recorded at 6.44 for the last single week of trading, and 8.92 for the last 200 days.

Insight into Herbalife Ltd Fundamentals:

Herbalife Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.57 and a Current Ratio set at 0.97.

HLF Stock EPS

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 Ltd go to 17.61%.

Herbalife Ltd [HLF] Institutonal Ownership Details

There are presently around $108.99%, or 110.89%% of HLF stock, in the hands of institutional investors. The top three institutional holders of HLF stocks are: VANGUARD GROUP INC with ownership of 10.42 million shares, which is approximately 10.3538%. WINDACRE PARTNERSHIP LLC, holding 8.7 million shares of the stock with an approximate value of $$90.43 million in HLF stocks shares; and WINDACRE PARTNERSHIP LLC, currently with $$89.68 million in HLF stock with ownership which is approximately 8.5799%.