Herbalife has "beat", "raised" and "exceeded" guidance 8 times over the last 3.5 years, while the company's TTM net income and FCF trends lower.
In my opinion these "beats" are a result of the company manipulating guidance and they draw attention away from the attrition in net income and FCF.
The stock's rise in price is insane and in no watch matches the underlying fundamentals of the company's business - rather it could be a result of a tightening float.
Herbalife is extremely expensive and likely above fair market value.
Herbalife and longs may eventually have to pay the piper.
The story for Herbalife (HLF) has been the same over the last couple of years: Underneath it all, the operating results aren’t anything to write home about, but the stock price continues to