BidaskClub upgraded shares of Hain Celestial Group (NASDAQ:HAIN) from a strong sell rating to a sell rating in a research note issued to investors on Saturday morning.
HAIN has been the subject of a number of other reports. Maxim Group restated a sell rating on shares of Hain Celestial Group in a research report on Tuesday, December 19th. Sanford C. Bernstein upgraded shares of Hain Celestial Group from a market perform rating to an outperform rating and set a $45.00 price target for the company in a research report on Wednesday, November 8th. TheStreet lowered shares of Hain Celestial Group from a b- rating to a c rating in a research report on Tuesday, November 7th. Zacks Investment Research lowered shares of Hain Celestial Group from a buy rating to a hold rating in a research report on Thursday, November 9th. Finally, Royal Bank of Canada restated a hold rating on shares of Hain Celestial Group in a research report on Thursday, November 9th. Three investment 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. The company presently has an average rating of Hold and a consensus target price of $41.11.
Hain Celestial Group (HAIN) opened at $35.48 on Friday. The company has a market cap of $3,687.01, a price-to-earnings ratio of 37.75, a PEG ratio of 1.12 and a beta of 1.09. The company has a current ratio of 2.44, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. Hain Celestial Group has a 1 year low of $31.01 and a 1 year high of $45.61.
Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The firm had revenue of $775.20 million for the quarter, compared to analysts’ expectations of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.32 earnings per share. sell-side analysts anticipate that Hain Celestial Group will post 1.66 earnings per share for the current fiscal year.
A number of large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. grew its position in Hain Celestial Group by 11.5% in the third quarter. Pacer Advisors Inc. now owns 14,743 shares of the company’s stock worth $607,000 after acquiring an additional 1,522 shares in the last quarter. Welch & Forbes LLC grew its position in Hain Celestial Group by 0.6% in the third quarter. Welch & Forbes LLC now owns 280,165 shares of the company’s stock worth $11,528,000 after acquiring an additional 1,605 shares in the last quarter. Stifel Financial Corp grew its position in Hain Celestial Group by 7.8% in the second quarter. Stifel Financial Corp now owns 23,038 shares of the company’s stock worth $895,000 after acquiring an additional 1,669 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in Hain Celestial Group by 15.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,571 shares of the company’s stock worth $576,000 after acquiring an additional 1,804 shares in the last quarter. Finally, KBC Group NV grew its position in Hain Celestial Group by 106.9% in the fourth quarter. KBC Group NV now owns 3,752 shares of the company’s stock worth $159,000 after acquiring an additional 1,939 shares in the last quarter. Institutional investors own 90.03% of the company’s stock.
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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