The decline in the stock price is attributed to a recent report by the U.S. Securities and Exchange Commission (SEC) that accused Herbalife of misleading investors about its business practices. The SEC report alleges that Herbalife engaged in deceptive marketing practices, including pyramid schemes, and that it failed to adequately disclose its financial information to investors. The report also suggests that Herbalife’s business model is unsustainable and that it is engaging in illegal activities.
Get Herbalife alerts: Read Our Latest Stock Analysis on HLF Herbalife Stock Performance The company has a market cap of $720.77 million, a P/E ratio of 5.11 and a beta of 1.21. The stock has a 50-day simple moving average of $9.71 and a 200 day simple moving average of $9.75. Herbalife (NYSE:HLF – Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. Herbalife had a negative return on equity of 18.69% and a net margin of 1.63%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the company posted $0.74 earnings per share. Herbalife’s revenue was down 2.5% on a year-over-year basis. Sell-side analysts anticipate that Herbalife Ltd. will post 0.9 earnings per share for the current fiscal year.
00. ## Analysis of Insider Activity
* **A positive sentiment:** Mendoza’s investment signifies confidence in the company’s potential for future success. By purchasing shares, he is essentially betting on the company’s growth and profitability.
is a global nutrition and wellness company that provides a range of products and services designed to support healthy living. The company’s mission is to empower individuals to achieve their health and wellness goals through its products, education, and community support. Herbalife’s product portfolio includes a wide array of nutritional supplements, weight management products, and personal care items.
