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Herbalife (HLF) Jumps: Stock Rises 5.7%

Zacks Equity Research

Herbalife Nutrition Ltd. HLF was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $41.25–$44.13 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Herbalife currently has a Zacks Rank #4 (Hold) while its Earnings ESP is 0.00%.

Herbalife LTD. Price

Herbalife LTD. Price

Herbalife LTD. price | Herbalife LTD. Quote

Investors interested in the Retail - Pharmacies and Drug Stores industry may consider Rite Aid Corporation RAD, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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