Herbalife Ltd (NYSE:HLF) price closed lower on Tuesday, April 16, dropping -1.08% below its previous close.
A look at the daily price movement shows that the last close reads $8.30. The company’s P/E ratio in the trailing 12-month period read 5.77. Taking into account the 52-week price action we note that the stock hit a 52-week high of $19.48 and 52-week low of $6.68. The stock subtracted -8.37% on its value in the past month.
Herbalife Ltd, which has a market valuation of $814.92 million. Analysts tracking HLF have forecast the quarterly EPS to grow by 0.34 per share this quarter, while the same analysts predict the annual EPS to hit $2.06 for the year 2024 and up to $2.64 for 2025. In this case, analysts estimate an annual EPS growth of -6.80% for the year and 28.20% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $1.26 billion, with the likely lows of $1.23 billion and highs of $1.27 billion. The average estimate suggests sales growth for the quarter will likely rise by 0.40% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $5.12 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 1.20% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give HLF a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that HLF’s price is at present -5.76% off the SMA20 and -11.43% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.37, with weekly volatility standing at 4.64%. The indicator jumps to 6.93% when calculated based on the past 30 days. Herbalife Ltd (NYSE:HLF)’s beta value is holding at 1.26, while the average true range (ATR) indicator is currently reading 0.59.
An analysis of the Herbalife Ltd (NYSE:HLF) stock in terms of its daily trading volume indicates that the 3-month average is 2.40 million.
Current records show that the company has 99.20M in outstanding shares. The insiders’ percentage holdings are 3.99% of outstanding shares while the percentage share held by institutions stands at 106.60%. But the -46.20% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
