Herbalife Ltd [NYSE: HLF] surged by $2.4 during the normal trading session on while it closed the day at $8.02.
Herbalife Ltd stock has also gained 56.95% of its value over the past 7 days. However, HLF stock has inclined by 1.13% in the 3 months of the year. Over the past six months meanwhile, it has lost -4.52% and gained 19.88% year-on date.
The market cap for HLF stock reached $808.35 million, with 100.70 million shares outstanding and 97.85 million shares in the current float. Compared to the average trading volume of 2.34M shares, HLF reached a trading volume of 23873102 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $7.17 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 3.33. 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 0.48, with the Price to Sales ratio for HLF stock in the period of the last 12 months amounting to 0.16. Price to Free Cash Flow for HLF in the course of the last twelve months was 4.48 with Quick ratio for the last quarter at 0.57.
HLF stock trade performance evaluation
Herbalife Ltd [HLF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 56.95. With this latest performance, HLF shares gained by 21.88% in over the last four-week period, additionally sinking by -4.52% over the last 6 months – not to mention a drop of -0.62% 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 76.15, with the RSI for the last a single of trading hit 83.85, and the three-weeks RSI is set at 69.41 for Herbalife Ltd [HLF]. The present Moving Average for the last 50 days of trading for this stock 6.41, while it was recorded at 6.05 for the last single week of trading, and 8.44 for the last 200 days.
Herbalife Ltd [HLF]: An insightful look at the core 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.
Herbalife Ltd [HLF]: Institutional Ownership
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%.
