D.A. Davidson analyst Linda Bolton Weiser has maintained their bullish stance on HLF stock, giving a Buy rating on March 14.
Linda Bolton Weiser has given her Buy rating due to a combination of factors that indicate sustainable growth for Herbalife. The company’s recent convention and meetings with the CEO have bolstered confidence in the continuity of positive constant currency sales growth, which was 3% in the fourth quarter of 2024. The incoming CEO, Stephan Gratziani, has been instrumental in achieving double-digit growth in new distributors for three consecutive quarters, and the guidance for 2025 suggests a 4% growth at the midpoint.
Gratziani’s leadership is expected to further drive distributor growth, as he has implemented initiatives in recognition, digital tools, and distributor training. The growth in new distributors and active Sales Leaders, which resumed in the second quarter of 2024, is a promising indicator of future sales acceleration. Additionally, Gratziani’s vision for the company includes offering personalized formulations at competitive prices, which could differentiate Herbalife in the wellness market. These strategic moves, along with a targeted reduction in leverage and an increase in the price target, support the Buy rating.
According to TipRanks, Bolton Weiser is an analyst with an average return of -3.2% and a 41.26% success rate. Bolton Weiser covers the Consumer Cyclical sector, focusing on stocks such as e.l.f. Beauty, The Estée Lauder Companies, and Hasbro.
In another report released on March 14, Citi also maintained a Buy rating on the stock with a $13.00 price target.
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