Back to top
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Herbalife (HLF) in Focus: Stock Gains 9.9% in Session
Herbalife Ltd. (HLF - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The stock moved up after the company agreed to pay $200 million to end a government investigation, and avoided charges that it operated as a pyramid scheme. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $54.04 to $62.33 in the past one-month time frame.
None of the estimates for this Retail-Drug Store industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Herbalife has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
HERBALIFE LTD Price
HERBALIFE LTD Price | HERBALIFE LTD Quote
However, a better-ranked stock in the wider retail-wholesale sector is Beacon Roofing Supply, Inc. (BECN - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is HLF going up? Or down? Predict to see what others think: Up or Down
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>