The Hain Celestial Group, Inc. (NASDAQ:HAIN) Receives $13.00 Average Target Price from Analysts

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $13.00.

Several analysts have commented on HAIN shares. Mizuho lowered their target price on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, April 3rd. JPMorgan Chase & Co. lowered their target price on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, February 8th. Maxim Group lowered their target price on shares of The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. DA Davidson initiated coverage on shares of The Hain Celestial Group in a research note on Friday, March 1st. They issued a “neutral” rating and a $10.00 target price for the company. Finally, Barclays lowered their price objective on shares of The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating for the company in a research note on Friday, April 12th.

Insider Buying and Selling

In other The Hain Celestial Group news, CEO Wendy P. Davidson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was purchased at an average cost of $9.46 per share, with a total value of $47,300.00. Following the transaction, the chief executive officer now owns 58,309 shares in the company, valued at $551,603.14. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of The Hain Celestial Group

Institutional investors have recently added to or reduced their stakes in the business. Signaturefd LLC boosted its position in The Hain Celestial Group by 265.2% during the 4th quarter. Signaturefd LLC now owns 4,127 shares of the company’s stock worth $45,000 after purchasing an additional 2,997 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in The Hain Celestial Group by 1,647.1% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 4,455 shares of the company’s stock worth $46,000 after buying an additional 4,200 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in The Hain Celestial Group by 371.9% in the 1st quarter. Tower Research Capital LLC TRC now owns 2,690 shares of the company’s stock worth $46,000 after buying an additional 2,120 shares in the last quarter. CWM LLC lifted its holdings in The Hain Celestial Group by 231.8% in the 3rd quarter. CWM LLC now owns 4,556 shares of the company’s stock worth $47,000 after buying an additional 3,183 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in The Hain Celestial Group by 30.0% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,121 shares of the company’s stock worth $50,000 after buying an additional 721 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

The Hain Celestial Group Trading Up 2.3 %

Shares of The Hain Celestial Group stock opened at $5.89 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.24 and a quick ratio of 1.14. The Hain Celestial Group has a 1 year low of $5.68 and a 1 year high of $18.25. The company has a market capitalization of $529.10 million, a P/E ratio of -3.33 and a beta of 0.68. The business has a 50 day moving average price of $8.36 and a 200 day moving average price of $9.95.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Wednesday, February 7th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $454.10 million during the quarter, compared to analysts’ expectations of $461.31 million. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The Hain Celestial Group’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 EPS. Sell-side analysts anticipate that The Hain Celestial Group will post 0.29 EPS for the current fiscal year.

About The Hain Celestial Group

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.