Is Herbalife Ltd (HLF) Stock a Good Buy for Short-term Investors?

At the time of writing, Herbalife Ltd [HLF] stock is trading at $7.55, up 4.57%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HLF shares have gain 6.94% over the last week, with a monthly amount drifted -9.80%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Herbalife Ltd [NYSE: HLF] stock has seen the most recent analyst activity on August 01, 2024, when B. Riley Securities reiterated its Buy rating and also boosted its price target to $17 from $16. Previously, DA Davidson started tracking the stock with Neutral rating on September 14, 2023, and set its price target to $13.50. On June 07, 2023, Mizuho initiated with a Neutral rating and assigned a price target of $13 on the stock. BofA Securities started tracking the stock assigning a Underperform rating and suggested a price target of $14 on February 03, 2023. Jefferies upgraded its rating to a Buy but $26 remained the price target by the analyst firm on July 12, 2022. Argus downgraded its rating to Hold for this stock on May 17, 2022. In a note dated May 04, 2022, Jefferies downgraded an Hold rating on this stock and revised its target price from $60 to $26.

For the past year, the stock price of Herbalife Ltd fluctuated between $6.68 and $15.71. Currently, Wall Street analysts expect the stock to reach $18.83 within the next 12 months. Herbalife Ltd [NYSE: HLF] shares were valued at $7.55 at the most recent close of the market. An investor can expect a potential return of 149.4% based on the average HLF price forecast.

Analyzing the HLF fundamentals

According to Herbalife Ltd [NYSE:HLF], the company’s sales were 5.04B for trailing twelve months, which represents an -2.50% plunge. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is -0.08 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.29.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.25 points at the first support level, and at 6.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.71, and for the 2nd resistance point, it is at 7.88.

Ratios To Look Out For

It is important to note that Herbalife Ltd [NYSE:HLF] has a current ratio of 1.24. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 0.15 and price to earnings (TTM) ratio is 9.26.

Transactions by insiders

Recent insider trading involved Mendoza Juan Miguel, Director, that happened on Sep 09 ’24 when 10000.0 shares were purchased. Director, Mendoza Juan Miguel completed a deal on Aug 26 ’24 to buy 10000.0 shares. Meanwhile, Director Mendoza Juan Miguel bought 6721.0 shares on Aug 13 ’24.

Related Posts