HLF Stock Summary and Trading Ideas (Herbalife Ltd. Common Shares | NYSE:HLF)

Herbalife Ltd is an international nutrition company that provides health and wellness products to consumers in 95 markets, which consist of countries and territories, through their direct-selling business model. Companies' products are weight management; targeted nutrition; Energy, Sports, and Fitness; Outer Nutrition and Literature, Promotional, and Other. Weight management generates the majority of revenue from products like Meal replacements, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. Geographically, the main segments are North America, Mexico, South and Central America, EMEA, Asia-Pacific, and China.

Herbalife Ltd. Common Shares trades on the NYSE stock market under the symbol HLF.

As of April 17, 2024, HLF stock price climbed to $8.23 with 870,772 million shares trading.

HLF has a beta of 0.99, meaning it tends to be less sensitive to market movements. HLF has a correlation of 0.03 to the broad based SPY ETF.

HLF has a market cap of $816.92 million. This is considered a Small Cap stock.

Last quarter Herbalife Ltd. Common Shares reported $1 billion in Revenue and $.28 earnings per share. This beat revenue expectation by $25 million and missed earnings estimates by -$.11.

In the last 3 years, HLF stock traded as high as $55.78 and as low as $6.68.

The top ETF exchange traded funds that HLF belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.

HLF has underperformed the market in the last year with a return of -43.9%, while the SPY ETF gained +23.0%. In the last 3 month period, HLF fell short of the market, returning -34.3%, while SPY returned +5.7%. However, in the most recent 2 weeks HLF has outperformed the stock market by returning -1.4%, while SPY returned -3.5%.

HLF support price is $7.83 and resistance is $8.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HLF stock will trade within this expected range on the day.