Auriga Maintains a 'Hold' on Herbalife (HLF); Expect Improvement in 1Q
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Price: $8.48 +3.04%
Rating Summary:
8 Buy, 5 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 14 | New: 16
Rating Summary:
8 Buy, 5 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 14 | New: 16
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Auriga maintains a 'Hold' on Herbalife (NYSE: HLF) price target of $66.00.
Analyst, Gary Albanese, said, "We are expecting the company to report EPS of $0.78 in the quarter compared to the $0.71 it earned last year, and expect revenue of $884.5 million compared to revenue of $795.1 million last year. Over the last year, the company has successfully expanded its daily consumption model across it international markets which has been the growth driver. We expect the company to continue to deploy this model, and have recently discussed expanding the concept to include boot camps. While a nascent offering thus far, the boot camp strategy has the potential to broaden Herbalife's appeal further and we expect to continue to monitor its progress."
For an analyst ratings summary and ratings history on Herbalife click here. For more ratings news on Herbalife click here.
Shares of Herbalife closed at $70.47 yesterday.
Analyst, Gary Albanese, said, "We are expecting the company to report EPS of $0.78 in the quarter compared to the $0.71 it earned last year, and expect revenue of $884.5 million compared to revenue of $795.1 million last year. Over the last year, the company has successfully expanded its daily consumption model across it international markets which has been the growth driver. We expect the company to continue to deploy this model, and have recently discussed expanding the concept to include boot camps. While a nascent offering thus far, the boot camp strategy has the potential to broaden Herbalife's appeal further and we expect to continue to monitor its progress."
For an analyst ratings summary and ratings history on Herbalife click here. For more ratings news on Herbalife click here.
Shares of Herbalife closed at $70.47 yesterday.
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