The stock has been on a steady climb since the beginning of the year, with a 10% gain in the first quarter. This upward trend has been driven by several factors, including the company’s strong financial performance, its focus on innovation, and its expanding global reach. Herbalife’s financial performance has been particularly impressive, with the company reporting record-breaking revenue and net income in recent quarters.
Get Herbalife alerts: Get Our Latest Stock Analysis on HLF Herbalife Stock Performance Shares of HLF opened at $7.42 on Friday. The firm has a market cap of $747.34 million, a PE ratio of 5.42 and a beta of 1.20. Herbalife has a 52-week low of $6.68 and a 52-week high of $15.71. The business’s 50 day moving average price is $9.47 and its two-hundred day moving average price is $9.70. Herbalife (NYSE:HLF – Get Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.33 billion. Herbalife had a net margin of 1.63% and a negative return on equity of 18.69%. Herbalife’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.74 EPS. Research analysts predict that Herbalife will post 1.34 EPS for the current fiscal year.
00. This acquisition comes amidst a period of heightened scrutiny of Herbalife, with the company facing allegations of pyramid scheme practices and deceptive marketing tactics. The Securities and Exchange Commission (SEC) is currently investigating the company, and several lawsuits have been filed against Herbalife. Director Mendoza’s acquisition of Herbalife stock, while seemingly positive, raises questions about potential conflicts of interest.
* **Herbalife: Fueling Health and Wellness for All**
* **Herbalife:
is a global nutrition company that specializes in the development, manufacturing, and marketing of nutritional products, including weight management, sports nutrition, and general wellness. The company’s mission is to empower individuals to achieve their health and wellness goals through its products and services. Herbalife’s products are designed to be accessible and affordable, making them available to a wide range of consumers.
