Stock to Watch : Herbalife Ltd. (NYSE:HLF)

[Benzinga] Herbalife Ltd (NYSE:HLF) (TREND ANALYSISOn CNBC’s Stock Pops & Drops, Guy Adami commented on a 12.19 percent decline in Herbalife Ltd. (NYSE: HLF). He said that the stock trades at its 52-week low and it looks to him that it wants to go lower.

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Herbalife Ltd (NYSE:HLF) reported third quarter earnings for fiscal year 2014 on November 03rd. The company reported actual earnings per share of $0.62 against the consensus Street estimate of $1.51. This represents a year-on-year decrease of earning per share of $-0.74 from corresponding quarter of last year. Herbalife Ltd posted revenue of $1.26 billion versus estimate of $1.31 billion.

The company is currently valued at $3.03 billion and closed the last trading session at $33. The stock has 50-day moving average of $41.37 and a 200-day moving average of $52.35.

Herbalife Ltd (NYSE:HLF) is currently trading 60.48% below its 52-week-high, 2.07% above its 52-week-low and in the range of $32.33-$44.11 over the past month. The 1-year range for the stock is $32.33-$83.51. Herbalife Ltd has a price to book ratio of versus S&P 500 average of 2.74. The company’s share price has underperformed the S&P 500 year to date by -10.81%.

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There are currently eight analysts that we track that cover the stock. Of those eight, five have a buy rating, three have a hold rating, and . On a consensus basis this yields to a score of 4.25 and a Buy. The consensus target price stands at $63.8 which represents an upside of 93.33% from the last closing price of $33.

The most recent analyst activity consisted of SunTrust Robinson Humphrey maintaining their neutral stance with a target price of $55, which represents an upside of 66.67% from the last closing price. On the date of report, the stock closed at $37.74.

Another research firm weighing in recently was Barclays maintaining their overweight stance with a target price of $74, which corresponds to an upside of 124.24% from the last closing price. On the date of report, the stock closed at $40.85.

A third research firm weighing in recently was Canaccord Genuity Corp reiterating their buy stance with a target price of $60, which translates into an upside of 81.82% from the last closing price.

Company Profile

Herbalife Ltd (NYSE:HLF) is a global nutrition company. The Company sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products as well as personal care products. It distributes and sells its products through a network of independent distributors, using the direct selling channel. The Company categorizes its science-based products into four principal groups: weight management, targeted nutrition, energy, sports & fitness and Outer Nutrition. As of December 31, 2012, it sold its products in 88 countries to and through a network of approximately 3.2 million independent distributors. In China, in order to comply with local laws and regulations, it sells its products through, sales representatives, sales officers, independent service providers and in retail stores. On December 31, 2012, the Company acquired a manufacturing facility in Winston-Salem, North Carolina.

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