Positive Press Coverage Somewhat Unlikely to Affect Hain Celestial Group (HAIN) Stock Price

Media headlines about Hain Celestial Group (NASDAQ:HAIN) have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hain Celestial Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.3000803401934 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

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NASDAQ HAIN opened at $29.33 on Tuesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 2.44. The stock has a market cap of $3,085.32, a price-to-earnings ratio of 24.04, a P/E/G ratio of 1.23 and a beta of 1.13. Hain Celestial Group has a 1 year low of $29.08 and a 1 year high of $45.61.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $775.20 million for the quarter, compared to analyst estimates of $774.50 million. Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. Hain Celestial Group’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. sell-side analysts expect that Hain Celestial Group will post 1.66 earnings per share for the current year.

Several equities research analysts recently weighed in on HAIN shares. Loop Capital set a $38.00 price objective on shares of Hain Celestial Group and gave the stock a “hold” rating in a report on Thursday, December 28th. BidaskClub raised shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Zacks Investment Research downgraded shares of Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Susquehanna Bancshares reissued a “hold” rating and issued a $43.00 price target on shares of Hain Celestial Group in a report on Tuesday, January 23rd. Finally, Jefferies Group reissued a “buy” rating and issued a $52.00 price target on shares of Hain Celestial Group in a report on Wednesday, February 7th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company’s stock. Hain Celestial Group currently has a consensus rating of “Hold” and an average price target of $40.36.

In related news, Director Glenn W. Welling acquired 1,407,543 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were purchased at an average price of $34.83 per share, for a total transaction of $49,024,722.69. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 12.34% of the stock is currently owned by insiders.

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Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut.

Insider Buying and Selling by Quarter for Hain Celestial Group (NASDAQ:HAIN)

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