Herbalife Ltd. (NYSE:HLF) dropped 3.6% on Tuesday . The stock traded as low as $60.62 and last traded at $61.05, with a volume of 1,572,361 shares trading hands. The stock had previously closed at $63.30.

HLF has been the subject of several research analyst reports. Zacks Investment Research downgraded Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, July 18th. TheStreet downgraded Herbalife from a “buy” rating to a “hold” rating in a report on Tuesday, August 9th. SunTrust Banks Inc. reissued a “neutral” rating and issued a $66.00 price objective on shares of Herbalife in a report on Friday, August 5th. Finally, Pivotal Research reissued a “buy” rating and issued a $90.00 price objective on shares of Herbalife in a report on Sunday, May 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Herbalife presently has a consensus rating of “Hold” and an average target price of $68.72.

The company has a market capitalization of $5.67 billion and a price-to-earnings ratio of 20.92. The company has a 50 day moving average of $64.69 and a 200-day moving average of $60.09.

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

In other Herbalife news, insider Shin-Shing Bosco Chiu sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $68.00, for a total value of $136,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ibelis Fleming sold 9,729 shares of the company’s 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 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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