Tag Archives: HLF

Herbalife Nutrition (HLF), mcap=$2.5bn, price $22.84 vs $21.76

Successful MLMs are quasi-religions – going long on a flourishing religion is a profitable bet. Cheap at 6x current year mid-point guidance. A Series of temporary factors tipped the company into negative growth. Pressures should get resolved /reversed within a year, with the company returning to mid/high single-digit growth. History of spending more than net income on buybacks. Share count reduced by 35% over the last 4 years.