The Hain Celestial Group, Inc. (NASDAQ:HAIN) has received a consensus recommendation of “Hold” from the twenty brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $41.45.
HAIN has been the topic of a number of recent research reports. Wells Fargo & Company reissued a “market perform” rating and set a $42.00 target price on shares of The Hain Celestial Group in a research report on Saturday, September 30th. Susquehanna Bancshares Inc downgraded The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research report on Tuesday, August 22nd. BidaskClub downgraded The Hain Celestial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada lifted their target price on The Hain Celestial Group from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 30th. Finally, Loop Capital initiated coverage on The Hain Celestial Group in a research report on Monday, July 31st. They set a “hold” rating and a $46.00 target price on the stock.
Shares of The Hain Celestial Group (NASDAQ:HAIN) opened at $39.84 on Friday. The stock has a market capitalization of $4,135.07, a PE ratio of 30.41, a PEG ratio of 1.71 and a beta of 1.21. The Hain Celestial Group has a 1 year low of $31.01 and a 1 year high of $45.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.50 and a quick ratio of 1.22.
The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm had revenue of $708.30 million for the quarter, compared to analyst estimates of $697.39 million. During the same period last year, the business earned $0.14 earnings per share. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. sell-side analysts predict that The Hain Celestial Group will post 1.67 EPS for the current year.
In other news, Director Richard Dean Hollis bought 10,000 shares of the business’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $35.27 per share, for a total transaction of $352,700.00. Following the completion of the purchase, the director now owns 10,000 shares of the company’s stock, valued at approximately $352,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Michael B. Mcguinness bought 3,500 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was purchased at an average price of $34.58 per share, with a total value of $121,030.00. Following the purchase, the senior vice president now directly owns 55,131 shares of the company’s stock, valued at approximately $1,906,429.98. The disclosure for this purchase can be found here. Insiders bought 68,500 shares of company stock valued at $2,352,730 in the last quarter. 12.34% of the stock is currently owned by corporate insiders.
Large investors have recently bought and sold shares of the company. Toronto Dominion Bank bought a new position in shares of The Hain Celestial Group in the second quarter valued at approximately $13,584,000. Hussman Strategic Advisors Inc. bought a new position in shares of The Hain Celestial Group in the third quarter valued at approximately $2,058,000. SLS Management LLC raised its stake in shares of The Hain Celestial Group by 137.1% in the second quarter. SLS Management LLC now owns 140,420 shares of the company’s stock valued at $5,451,000 after acquiring an additional 81,200 shares during the last quarter. Bank of Nova Scotia bought a new position in shares of The Hain Celestial Group in the second quarter valued at approximately $11,855,000. Finally, Proxima Capital Management LLC bought a new position in shares of The Hain Celestial Group in the second quarter valued at approximately $4,076,000. Institutional investors own 89.04% of the company’s stock.
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About The Hain Celestial Group
The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.
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