Herbalife (HLF, Financial) experienced a notable stock surge, increasing 5.04%, bringing the price to $8.23 per share with a trading volume of 957,668 shares and a turnover rate of 0.95%. The stock's fluctuation was marked at 4.66%.
Financially, Herbalife reported a revenue of $1.24 billion, a net profit of $47.4 million, and earnings per share (EPS) of $0.47. Its gross profit stands at $938 million with a price-to-earnings (P/E) ratio of 9.66. Currently, there are no institutional ratings available for buy, hold, or sell recommendations.
Within the packaged foods sector, where Herbalife operates, the overall decline was 0.04%. Noteworthy stocks showing significant upward movement include Freshpet, Inc., Better Choice Company Inc., and Lifevantage Corporation. Conversely, Blue Star Foods Corp., Cimg Inc., and Chromadex Corporation were highly active in trading, showing turnover rates of 15.52%, 5.42%, and 3.82%, respectively. Stocks with substantial volatility include Above Food Ingredients Inc C/Wts 28/06/2029 (To Pur Com), Mindong Red Group, and Cimg Inc., with respective amplitudes of 45.24%, 15.73%, and 14.39%.
Herbalife Ltd. is a global nutrition company known for its direct-selling model. It provides health and wellness products across 95 countries, focusing on weight management, targeted nutrition, energy, sports, fitness, external nutrition, and promotional products. The company's revenue is significantly driven by meal replacements, protein shakes, drink mixes, weight loss supplements, and healthy snacks. Geographically, its main markets are North America, Mexico, South and Central America, Europe, the Middle East, and Africa, as well as the Asia Pacific and China.
