News stories about Hain Celestial Group (NASDAQ:HAIN) have been trending positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Hain Celestial Group earned a coverage optimism score of 0.47 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.6464797141463 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s rankings:
Several brokerages have recently weighed in on HAIN. Jefferies Group reiterated a “buy” rating and issued a $52.00 price objective on shares of Hain Celestial Group in a research note on Friday, November 17th. TheStreet cut shares of Hain Celestial Group from a “b-” rating to a “c” rating in a research note on Tuesday, November 7th. BidaskClub upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Loop Capital set a $38.00 target price on shares of Hain Celestial Group and gave the stock a “hold” rating in a research note on Thursday, December 28th. Finally, SunTrust Banks restated a “hold” rating and set a $35.00 target price on shares of Hain Celestial Group in a research note on Friday, November 10th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $40.72.
Hain Celestial Group (HAIN) traded up $1.19 during trading hours on Wednesday, hitting $34.46. The stock had a trading volume of 1,148,356 shares, compared to its average volume of 1,145,211. Hain Celestial Group has a fifty-two week low of $31.01 and a fifty-two week high of $45.61. The company has a market capitalization of $3,510.00, a P/E ratio of 48.59, a price-to-earnings-growth ratio of 1.43 and a beta of 1.09. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 2.44.
Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.01). The firm had revenue of $775.20 million during the quarter, compared to the consensus estimate of $774.50 million. Hain Celestial Group had a net margin of 2.95% and a return on equity of 5.15%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.32 earnings per share. analysts forecast that Hain Celestial Group will post 1.66 EPS for the current fiscal year.
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About 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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