News coverage about Hain Celestial Group (NASDAQ:HAIN) has trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hain Celestial Group earned a daily sentiment score of 1.00 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Hain Celestial Group’s analysis:
HAIN stock opened at $20.18 on Thursday. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.41. The firm has a market cap of $2.15 billion, a PE ratio of 17.40, a PEG ratio of 2.35 and a beta of 1.07. Hain Celestial Group has a fifty-two week low of $20.05 and a fifty-two week high of $42.71.
Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Thursday, November 8th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.04). The firm had revenue of $560.88 million for the quarter, compared to the consensus estimate of $588.12 million. Hain Celestial Group had a positive return on equity of 6.67% and a negative net margin of 1.84%. The firm’s revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. On average, equities analysts forecast that Hain Celestial Group will post 1.17 EPS for the current year.
A number of research firms have issued reports on HAIN. Jefferies Financial Group restated a “buy” rating and set a $45.00 price target (up from $40.00) on shares of Hain Celestial Group in a report on Monday, September 24th. Zacks Investment Research raised Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Maxim Group lowered their target price on Hain Celestial Group from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Thursday, November 8th. Loop Capital upped their target price on Hain Celestial Group to $24.00 and gave the stock a “hold” rating in a research report on Monday, November 12th. Finally, ValuEngine raised Hain Celestial Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 2nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $30.40.
In other news, insider Mark L. Schiller purchased 45,800 shares of the business’s stock in a transaction dated Monday, November 12th. The stock was bought at an average price of $22.88 per share, for a total transaction of $1,047,904.00. Following the purchase, the insider now owns 124,355 shares of the company’s stock, valued at $2,845,242.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.50% of the stock is currently owned by corporate insiders.
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About Hain Celestial Group
The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; 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; yogurts; chilies; chocolates; and nut butters.
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