Herbalife Ltd. (HLF) Presents at Bank of America Leveraged Finance Conference Transcript
Herbalife Ltd. ( HLF ) Q3 2025 Earnings Call November 5, 2025 5:30 PM EST Company Participants Erin Banyas - Head of Investor Relations Stephan Gratziani - President & CEO John DeSimone - Chief Financial Officer Conference Call Participants William Reuter - BofA Securities, Research Division Song Xue - Mizuho Securities USA LLC, Research Division Karru Martinson - Jefferies LLC, Research Division Hale Holden - Barclays Bank PLC, Research Division Douglas Lane - Water Tower Research LLC Presentation Operator Good afternoon, and thank you for joining the Third Quarter 2025 Earnings Conference Call for Herbalife Limited.
HLF is building a wellness ecosystem with the Pro2col app, leveraging AI, data, and subscriptions to create a customer retention moat and upselling opportunities. Herbalife remains trading at an extremely discounted forward P/E of 4x, compared to the 15.7x peer average. This creates a potential upside of 36% from the current price, reaffirming my target price of $12.4. Analysts project revenue growth of 2%, reaching $1.27B, primarily driven by the Pro2col app beta launch.
Herbalife Ltd. (NYSE:HLF ) Q2 2025 Earnings Conference Call August 6, 2025 5:30 PM ET Company Participants Erin Banyas - Head of Investor Relations John G.
Herbalife is a global leader in nutrition and weight management, holding the top spot in one of the global protein markets. Herbalife's revenue for FY 2025 is projected at $4.95B, a slight decline from 2024, but is expected to grow with the activation of the digital platform and ketone market. Herbalife's forward P/E is 4.6x, reflecting a discount mainly due to its $2.07B net debt, though expected growth from digital initiatives and ketones may justify its value.
A big move yesterday could just be the start of things for this stock on the comeback trail.
The average of price targets set by Wall Street analysts indicates a potential upside of 28.8% in Herbalife Ltd (HLF). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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New distributor growth continues to expand, although the runrate has dipped for the first time in 3 quarters, and could likely stay that way, given tougher comps in Q2. FX translation still continues to play havoc with reported revenue trends and is masking the progress of the underlying topline, with better growth prospects through the next few quarters. We are encouraged by HLF's deleveraging progress despite a difficult cash flow quarter, and once 2025 is out of the way, the company will get some respite until 2028.
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