COO Pezzullo David sold 99,875 shares in Herbalife Nutrition Ltd. (NYSE:HLF) for $157,940 in transaction occurred on 2018/09/18. After making this transaction, the COO owns a direct stake of 5,522,089 shares, worth $9,026,271, as per the last closing price. On 2018/08/03 Dunn Jeff, Director at HLF, dumped 17,440 shares at an average price of $58.53 per share. The selling total is valued at $2,804,693.
Separately, it had been reported that some other HLF insiders also took part of the insider trading activity. EVP, Global Corporate Affairs, Hoffman Alan L had divested 55,576 shares for $15,623 through a trade on 2018/08/02. Following this activity, the insider holds 3,195,620 shares worth $892,855 as of recent close. Wall Street’s most bullish Herbalife Nutrition Ltd. (NYSE:HLF) analysts are predicting the share price to blow past $65 per share during the next 12 months. The current median share price forecast by them is $65, suggesting that the stock could increase 13.74% in that time frame. The average price target of $62.6 calls for a nearly 9.54% increase in the stock price.
Herbalife Nutrition Ltd. (HLF) trading activity significantly improved as the volume at ready counter increased to 2,908,580 shares versus 1,340,955 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 1,365,314 shares. The share price dropped -1.64% in recent trade and currently has a stock-market value of $9.02B. The shares finished at $57.15, after trading as low as $56.8601 earlier in the session. It hit an intraday high Thursday at $58.27. The stock is now 67.25% above against its bear-market low of $34.17 on January 11, 2018. It has retreated -5.7% since it’s 52-week high of $60.41 reached in August. Now the market price is up 62.66% on the year and down -3.05% YTD.
HLF’s 50 day simple moving average (SMA 50) price is $56.27 and its 200-day simple moving average (SMA 200) price is $54.38. The company’s stock currently has a total float of 138.89M shares. Its weekly volatility is hovering around 2.18% and felt 2.29% volatility in price over a month. On the upside, the share price will test short term resistance at around $57.99. On a downside, the stock is likely to find some support, which begins at $56.58. The failure to get near-term support could push it to $56.02.
It had seen a new analyst call from Argus, which initiated the stock at Buy on January 04. Analysts at Pivotal Research Group, maintained the company shares at Buy on October 31 but switched target price from $75 to $62. Analysts at Jefferies, made their first call about the stock on October 11, recommending it is Buy.
When looking at valuations, Herbalife Nutrition Ltd. (HLF) has a pricey P/E of 25.23x as compared to industry average of 22.41x. Moreover, it trades for 18.04 times the next 12 months of expected earnings. Compared to others, Herbalife Nutrition Ltd. is in a different league with regards to profitability, having net margins of 3.8%. To put some perspective around this, the industry’s average net margin is 8.93%. HLF’s ROE is -35.2%, which is also considerably worse than the industry’s ROE of 15.47%. It’s also very liquid in the near term, with a current ratio of 1.1. The stock has a debt/capital of 0.
Shares of Herbalife Nutrition Ltd. (HLF) have gained 6.2% since the company’s Mar-19 earnings report. Over the past 12 fiscal quarters, Herbalife Nutrition Ltd. (NYSE:HLF) has topped consensus earnings estimates in 11 quarters (91%), missed earnings in 0 quarters (0%), whereas at 1 occasion EPS met analyst expectations. HLF last reported earnings on October 30, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.74 per share, -92.94% change on the same period last year. That was better than consensus for $0.67. Revenue for the recent quarter stood at $1.24 billion, up 15% on last year and above the $1.22 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $1.24 billion to $1.26 billion, which should be compared with $0 generated last year. EPS is seen in a range of $0.73 to $0.92, against the 0 reported a year ago.