Herbalife Ltd. (NYSE:HLF)’s share price dropped 1.3% during trading on Thursday . The company traded as low as $63.71 and last traded at $63.89, with a volume of 453,441 shares. The stock had previously closed at $64.70.

HLF has been the topic of several research reports. Zacks Investment Research upgraded Herbalife from a “hold” rating to a “strong-buy” rating and set a $67.00 price target on the stock in a research note on Wednesday, April 20th. TheStreet upgraded Herbalife to a “buy” rating in a research note on Thursday, May 26th. Pivotal Research restated a “buy” rating and set a $90.00 price target on shares of Herbalife in a research note on Sunday, July 17th. Finally, SunTrust Banks Inc. restated a “neutral” rating and set a $66.00 price target on shares of Herbalife in a research note on Friday, August 5th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $68.72.

The firm’s 50 day moving average price is $64.28 and its 200-day moving average price is $58.91. The company has a market cap of $5.95 billion and a P/E ratio of 21.95.

Herbalife (NYSE:HLF) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $1.29 EPS for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.08. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the company earned $1.24 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, analysts predict that Herbalife Ltd. will post $4.83 EPS for the current fiscal year.

In related news, insider Shin-Shing Bosco Chiu sold 2,000 shares of the firm’s stock in a transaction dated Friday, July 15th. The shares were sold at an average price of $68.00, for a total value of $136,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ibelis Fleming sold 9,729 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $64.86, for a total transaction of $631,022.94. The disclosure for this sale can be found here.

Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s segments include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China.

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