2024-03-25 11:07:12 ET
Summary
- Herbalife Ltd. has a colorful history and had been in a years-long battle between Bill Ackman and Carl Icahn. It had an FTC settlement in 2016 as well.
- The company sells health and wellness products through a direct-selling multi-level marketing model.
- Despite a decline in sales and earnings, Herbalife's stock is trading at a cheap valuation, but it does have significant debt on its balance sheet.
- Buy, Sell, or Hold? A full investment analysis around Herbalife is provided in the paragraphs below.
Today, we take a look at Herbalife Ltd. ( HLF ) , which has had a colorful history to say the least. The company and its stock was in locked in a years long battle soon after the great financial crisis between noted fund managers Bill Ackman and Carl Icahn. The epic conflict was won by the older billionaire. Ironically, the stock eventually turned down sharply, as Mr. Ackman had bet years earlier. The shares are now deep in the ' bargain basement ' based on some key valuation metrics. Time to take a position? An analysis follows below....
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Herbalife: Cheap, But With A Colorful History