Herbalife (HLF)

• Market cap: $677M
• 1 day: 0.30%
• 5 days: 5.16%
• 1 month: -15.04%
• 3 months: -6.54%
• 6 months: -35.01%
• Year to date: -56.25%
• 1 year: -56.25%
• 5 years: -85.88%
• 10 years: -64.67%
• Sector: Healthcare
• Industry: Drugs, Proprietaries & Druggists Sundries

About: Herbalife Ltd is an international nutrition company that provides health and wellness products to consumers in 95 markets, which consist of countries and territories, through their direct-selling business model. Companies' products are weight management; targeted nutrition; Energy, Sports, and Fitness; Outer Nutrition and Literature, Promotional, and Other. Weight management generates the majority of revenue from products like Meal replacements, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. Geographically, the main segments are North America, Mexico, South and Central America, EMEA, Asia-Pacific, and China.

Employees: 9,200

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 28

3% more funds holding

Funds holding: 181 [Q2] → 187 (+6) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 61

8.53% less ownership

Funds ownership: 117.07% [Q2] → 108.54% (-8.53%) [Q3]

35% less capital invested

Capital invested by funds: $1.22B [Q2] → $786M (-$432M) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]

76% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $88M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7.50 12% upside
• Avg. target: $10.38 54% upside
• High target: $13 93% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Mizuho John Baumgartner 65% 1-year accuracy 13 / 20 met price target	34% upside $9	Neutral Maintained	1 Nov 2024
DA Davidson Linda Bolton Weiser 40% 1-year accuracy 42 / 105 met price target	12% upside $7.50	Neutral Maintained	31 Oct 2024
B. Riley Securities Jeff Van Sinderen 43% 1-year accuracy 9 / 21 met price target	79% upside $12	Buy Maintained	31 Oct 2024
Citigroup Chasen Bender 0% 1-year accuracy 0 / 1 met price target	93% upside $13	Buy Maintained	25 Oct 2024