|Bid||48.00 x 800|
|Ask||49.88 x 1100|
|Day's Range||46.00 - 49.50|
|52 Week Range||20.73 - 52.89|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||22.43|
|Earnings Date||Oct 27, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 28, 2014|
|1y Target Est||61.67|
Investor Carl Icahn sold 14.7 million Herbalife shares, reducing his holding to 15.5%. He remains the supplements company's largest holder.
Shares of Herbalife Nutrition Ltd. fell 2.1% in morning trading Wednesday, after billionaire activist investor Carl Icahn said his Icahn Enterprises L.P. sold 14.7 million of the nutritional supplements company's shares, which reduced its stake in the company by about 42%. Icahn said the stock sale was part of Herbalife's self-tender offer, in which it accepts to buy back up to $750 million worth of its shares at $48.75 each. At that price, the 14.7 million shares Icahn sold would be valued at $716.6 million. Icahn remains Herbalife's largest shareholder with about 20.5 million shares, or 15.5% of the shares outstanding. Herbalife's stock has dropped 8.6% amid a four-day losing streak, since it closed at a 14-month high of $52.63 on Aug. 6. The stock has gained 0.8% year to date, while the S&P 500 has tacked on 4.3%.
Law Offices of Howard G. Smith Announces Investigation of Herbalife Nutrition Ltd. (HLF) on Behalf of Investors
Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make...
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Herbalife Nutrition Ltd. ("Herbalife" or the "Company") (NYSE: HLF) concerning whether the board breached its fiduciary duties to shareholders.
Herbalife Nutrition (NYSE: HLF), a premier global nutrition company, today announced it is canceling the 2020 Herbalife24 Triathlon Los Angeles, 5k and Bike Tour which had been scheduled for October 25, 2020. Herbalife Nutrition plans to hold a 2021 event on May 16, 2021.
|Maintains||Citigroup: to Buy||5/8/2020|
|Maintains||Citigroup: to Buy||2/20/2020|
|Maintains||Citi: to Buy||8/2/2019|
|Upgrade||Argus: Hold to Buy||5/5/2018|
|Upgrade||Citigroup: Neutral to Buy||3/6/2018|
|Maintains||Citigroup: Neutral to Neutral||2/22/2018|
PO Box 80210
Los Angeles 90080-0210
Sector(s): Consumer Defensive
Industry: Packaged Foods
Full Time Employees: 9,500
Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. It offers weight management products, including meal replacement products, protein shakes, drink mixes, weight loss enhancers, and healthy snacks; targeted nutrition products, which include dietary and nutritional supplements that contain herbs, vitamins, minerals, and other natural ingredients; outer nutrition products, such as facial skin, body, and hair care products; and energy, sports, and fitness products comprising N-R-G tea and energy drink products. The company also provides literature, promotional, and other materials that include start-up kits, sales tools, and educational materials. It offers its products through independent service providers, sales representatives, and sales officers, as well as through its retail stores. The company was formerly known as Herbalife Ltd. and changed its name to Herbalife Nutrition Ltd. in April 2018. Herbalife Nutrition Ltd. was founded in 1980 and is headquartered in Los Angeles, California.