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

HLF has been the topic of several analyst reports. TheStreet raised shares of Herbalife to a “buy” rating in a research report on Thursday, May 26th. Zacks Investment Research lowered shares of Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 18th. Pivotal Research reaffirmed a “buy” rating and set a $90.00 price target on shares of Herbalife in a research report on Sunday, July 17th. Finally, SunTrust Banks Inc. reissued a “neutral” rating and issued a $66.00 target price on shares of Herbalife in a research report on Friday, August 5th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $68.72.

The firm has a market capitalization of $5.88 billion and a price-to-earnings ratio of 21.70. The company has a 50-day moving average of $64.42 and a 200-day moving average of $59.02.

Herbalife (NYSE:HLF) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.21 by $0.08. The business earned $1.20 billion during 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 firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Analysts forecast that Herbalife Ltd. will post $4.83 EPS for the current year.

In other news, SVP Ibelis Fleming sold 9,729 shares of the stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $64.86, for a total value of $631,022.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Shin-Shing Bosco Chiu sold 2,000 shares of the stock in a transaction that occurred on Friday, July 15th. The shares were sold at an average price of $68.00, for a total transaction of $136,000.00. 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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