What is the best trade option for Herbalife Ltd (HLF) stock?

Herbalife Ltd [HLF] stock prices are up 2.52% to $8.15 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HLF shares have gain 1.37% over the last week, with a monthly amount drifted -0.49%, and not seem to be holding up well over a long-time horizon.

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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.

The stock price of Herbalife Ltd [HLF] has been fluctuating between $6.59 and $15.66 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Herbalife Ltd [NYSE: HLF] shares were valued at $8.15 at the most recent close of the market. An investor can expect a potential return of 34.97% based on the average HLF price forecast.

Analyzing the HLF fundamentals

The Herbalife Ltd [NYSE:HLF] reported sales of 5.00B for trailing twelve months, representing a drop of -3.20%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.07%, 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 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.37.

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 7.94 points at the first support level, and at 7.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.41, and for the 2nd resistance point, it is at 8.66.

Ratios To Look Out For

It’s worth pointing out that Herbalife Ltd [NYSE:HLF]’s Current Ratio is 0.97. Also, the Quick Ratio is 0.57, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.16 and price to earnings (TTM) ratio is 9.54.

Transactions by insiders

Recent insider trading involved Mendoza Juan Miguel, Director, that happened on Nov 08 ’24 when 2500.0 shares were purchased. Director, Mendoza Juan Miguel completed a deal on Nov 05 ’24 to buy 2500.0 shares. Meanwhile, Director Mendoza Juan Miguel bought 2500.0 shares on Nov 04 ’24.

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