Herbalife (HLF) Expected to Announce Earnings on Wednesday

Herbalife (NYSE:HLF) is anticipated to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $1.19 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Herbalife Price Performance

NYSE HLF opened at $5.23 on Wednesday. The business has a 50 day moving average price of $6.60 and a 200 day moving average price of $7.52. The company has a market capitalization of $526.63 million, a P/E ratio of 6.15, a PEG ratio of 0.18 and a beta of 1.15. Herbalife has a 1-year low of $5.13 and a 1-year high of $12.79.

Wall Street Analysts Forecast Growth

HLF has been the subject of several research reports. StockNews.com raised Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. DA Davidson cut their target price on shares of Herbalife from $13.00 to $7.50 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Citigroup lowered their price target on shares of Herbalife from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. B. Riley cut their price objective on Herbalife from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Finally, Mizuho upped their target price on Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. One 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.