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Herbalife Nutrition NYSE:HLF Stock Report

Last Price


Market Cap







28 Sep, 2022


Company Financials +
HLF fundamental analysis
Snowflake Score
Future Growth1/6
Past Performance2/6
Financial Health1/6

HLF Stock Overview

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific.

Herbalife Nutrition Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Herbalife Nutrition
Historical stock prices
Current Share PriceUS$21.80
52 Week HighUS$47.86
52 Week LowUS$19.30
1 Month Change-18.96%
3 Month Change6.60%
1 Year Change-50.39%
3 Year Change-38.64%
5 Year Change-35.41%
Change since IPO492.39%

Recent News & Updates

Aug 26
Investors Shouldn't Overlook Herbalife Nutrition's (NYSE:HLF) Impressive Returns On Capital

Investors Shouldn't Overlook Herbalife Nutrition's (NYSE:HLF) Impressive Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Aug 08
Why Herbalife Nutrition Ltd. (NYSE:HLF) Could Be Worth Watching

Why Herbalife Nutrition Ltd. (NYSE:HLF) Could Be Worth Watching

Herbalife Nutrition Ltd. ( NYSE:HLF ), is not the largest company out there, but it led the NYSE gainers with a...

Aug 02

Herbalife Non-GAAP EPS of $0.96 beats by $0.33, revenue of $1.39B beats by $80M

Herbalife press release (NYSE:HLF): Q2 Non-GAAP EPS of $0.96 beats by $0.33. Revenue of $1.39B (-10.3% Y/Y) beats by $80M. On a constant currency basis, net sales declined 5.9% compared to the prior year period. Second quarter 2022 reported net income of $86.5 million and adjusted EBITDA of $195.4 million. During the second quarter, the Company repurchased approximately 1.1 million shares for a total purchase price of $30.2 million. Reaffirming full year 2022 guidance for net sales and adjusted EBITDA. Lowering adjusted diluted full year 2022 EPS guidance, primarily due to unfavorable currency movement. Shares +4.21%.

Shareholder Returns

HLFUS Personal ProductsUS Market

Return vs Industry: HLF underperformed the US Personal Products industry which returned -28.1% over the past year.

Return vs Market: HLF underperformed the US Market which returned -22.1% over the past year.

Price Volatility

Is HLF's price volatile compared to industry and market?
HLF volatility
HLF Average Weekly Movement8.6%
Personal Products Industry Average Movement9.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: HLF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: HLF's weekly volatility (9%) has been stable over the past year.

About the Company

198010,800John Agwunobi

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of 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 comprise functional beverages, and 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, including N-R-G tea and energy drink products.

Herbalife Nutrition Fundamentals Summary

How do Herbalife Nutrition's earnings and revenue compare to its market cap?
HLF fundamental statistics
Market CapUS$2.13b
Earnings (TTM)US$340.30m
Revenue (TTM)US$5.48b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HLF income statement (TTM)
Cost of RevenueUS$2.99b
Gross ProfitUS$2.49b
Other ExpensesUS$2.15b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)3.48
Gross Margin45.50%
Net Profit Margin6.21%
Debt/Equity Ratio-198.5%

How did HLF perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


Is HLF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HLF?

Other financial metrics that can be useful for relative valuation.

HLF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA6.5x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does HLF's PE Ratio compare to its peers?

HLF PE Ratio vs Peers
The above table shows the PE ratio for HLF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.3x
EPC Edgewell Personal Care
NUS Nu Skin Enterprises
ELF e.l.f. Beauty
IPAR Inter Parfums
HLF Herbalife Nutrition

Price-To-Earnings vs Peers: HLF is good value based on its Price-To-Earnings Ratio (6.3x) compared to the peer average (32.3x).

Price to Earnings Ratio vs Industry

How does HLF's PE Ratio compare vs other companies in the US Personal Products Industry?

Price-To-Earnings vs Industry: HLF is good value based on its Price-To-Earnings Ratio (6.3x) compared to the US Personal Products industry average (15.4x)

Price to Earnings Ratio vs Fair Ratio

What is HLF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HLF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.3x
Fair PE Ratio22x

Price-To-Earnings vs Fair Ratio: HLF is good value based on its Price-To-Earnings Ratio (6.3x) compared to the estimated Fair Price-To-Earnings Ratio (22x).

Share Price vs Fair Value

What is the Fair Price of HLF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HLF ($21.8) is trading below our estimate of fair value ($47.8)

Significantly Below Fair Value: HLF is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Future Growth

How is Herbalife Nutrition forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score


Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLF's forecast earnings growth (8.4% per year) is above the savings rate (1.9%).

Earnings vs Market: HLF's earnings (8.4% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: HLF's earnings are forecast to grow, but not significantly.

Revenue vs Market: HLF's revenue (1.6% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: HLF's revenue (1.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HLF's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has Herbalife Nutrition performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HLF has high quality earnings.

Growing Profit Margin: HLF's current net profit margins (6.2%) are lower than last year (8.4%).

Past Earnings Growth Analysis

Earnings Trend: HLF's earnings have grown by 11.1% per year over the past 5 years.

Accelerating Growth: HLF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HLF had negative earnings growth (-32.4%) over the past year, making it difficult to compare to the Personal Products industry average (-4.8%).

Return on Equity

High ROE: HLF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Discover strong past performing companies

Financial Health

How is Herbalife Nutrition's financial position?

Financial Health Score


Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HLF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: HLF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: HLF has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: HLF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: HLF's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: HLF's interest payments on its debt are well covered by EBIT (4.4x coverage).

Balance Sheet

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What is Herbalife Nutrition current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Herbalife Nutrition Dividend Yield vs Market
How does Herbalife Nutrition dividend yield compare to the market?
SegmentDividend Yield
Company (Herbalife Nutrition)0%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.6%
Industry Average (Personal Products)1.3%
Analyst forecast in 3 Years (Herbalife Nutrition)0%

Notable Dividend: Unable to evaluate HLF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HLF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HLF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HLF's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: HLF is not paying a notable dividend for the US market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as HLF has not reported any payouts.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


John Agwunobi (57 yo)





Dr. John O. Agwunobi, M.D., M.B.A., M.P.H., serves as Chief Executive Officer at Herbalife Nutrition Ltd. since March 30, 2020 and its Chairman of the Board for April 29, 2020. Dr. Agwunobi served as Chief...

CEO Compensation Analysis

John Agwunobi's Compensation vs Herbalife Nutrition Earnings
How has John Agwunobi's remuneration changed compared to Herbalife Nutrition's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a


Mar 31 2022n/an/a


Dec 31 2021US$7mUS$1m


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021n/an/a


Dec 31 2020US$7mUS$824k


Sep 30 2020n/an/a


Jun 30 2020n/an/a


Mar 31 2020n/an/a


Dec 31 2019US$2mUS$601k


Sep 30 2019n/an/a


Jun 30 2019n/an/a


Mar 31 2019n/an/a


Dec 31 2018US$2mUS$507k


Compensation vs Market: John's total compensation ($USD7.00M) is about average for companies of similar size in the US market ($USD5.58M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: HLF's management team is considered experienced (2.7 years average tenure).

Board Members

Experienced Board: HLF's board of directors are considered experienced (3.4 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

NYSE:HLF Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
24 May 22BuyUS$103,000Alan LeFevreIndividual5,000US$20.60
17 May 22BuyUS$99,741Alan HoffmanIndividual4,540US$21.97
12 May 22BuyUS$133,444Michael JohnsonIndividual5,840US$22.85
11 May 22BuyUS$936,516John DeSimoneIndividual43,478US$21.54
11 May 22BuyUS$340,350Donal MulliganIndividual15,000US$22.69
10 May 22BuyUS$99,434John AgwunobiIndividual4,222US$23.55
05 May 22BuyUS$126,325John TartolIndividual5,000US$25.27

Ownership Breakdown

What is the ownership structure of HLF?
Owner TypeNumber of SharesOwnership Percentage
State or Government14,9470.01%
Individual Insiders1,720,1441.7%
Hedge Funds28,854,55828.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 88.55% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
The Vanguard Group, Inc.
Route One Investment Company, L.P.
The WindAcre Partnership LLC
Renaissance Technologies LLC
BlackRock, Inc.
6,796,886$148.2m63.77%no data
Alua Capital Management LP
State Street Global Advisors, Inc.
3,321,283$72.4m39.81%no data
Bronte Capital Management Pty Ltd.
Morgan Stanley, Investment Banking and Brokerage Investments
Jacobs Levy Equity Management Inc
Deutsche Asset & Wealth Management
Geode Capital Management, LLC
First Pacific Advisors, LP
Solel Partners LP
Charles Schwab Investment Management, Inc.
J.P. Morgan Asset Management, Inc.
1,146,895$25.0m874.86%no data
Iridian Asset Management LLC
Dimensional Fund Advisors LP
First Trust Advisors LP
Aristotle Capital Boston, LLC
Northern Trust Global Investments
922,730$20.1m97.04%no data
Norges Bank Investment Management
846,353$18.5m0%no data
Hotchkis and Wiley Capital Management, LLC
Bluedrive Global Investors LLP

Company Information

Herbalife Nutrition Ltd.'s employee growth, exchange listings and data sources

Key Information

  • Name: Herbalife Nutrition Ltd.
  • Ticker: HLF
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: US$2.133b
  • Shares outstanding: 97.86m
  • Website:

Number of Employees


  • Herbalife Nutrition Ltd.
  • PO Box 80210
  • Los Angeles
  • California
  • 90080-0210
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLFNYSE (New York Stock Exchange)YesCommon SharesUSUSDDec 2004
HOODB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2004

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.