The Hain Celestial Group, Inc. (NASDAQ:HAIN) Given Average Rating of “Hold” by Analysts

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) have been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $6.56.

HAIN has been the topic of a number of research reports. Maxim Group decreased their target price on shares of The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Mizuho decreased their target price on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. Evercore ISI decreased their target price on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 12th. Barclays decreased their target price on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Finally, JPMorgan Chase & Co. decreased their target price on shares of The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday, February 3rd.

Hedge Funds Weigh In On The Hain Celestial Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthfront Advisers LLC acquired a new position in The Hain Celestial Group in the fourth quarter valued at $370,371,000. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of The Hain Celestial Group by 9.8% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,223,817 shares of the company’s stock valued at $38,276,000 after purchasing an additional 555,195 shares during the period. Invesco Ltd. raised its holdings in shares of The Hain Celestial Group by 272.4% during the fourth quarter. Invesco Ltd. now owns 5,870,075 shares of the company’s stock valued at $36,101,000 after purchasing an additional 4,293,945 shares during the period. State Street Corp raised its holdings in shares of The Hain Celestial Group by 0.4% during the third quarter. State Street Corp now owns 3,464,855 shares of the company’s stock valued at $29,902,000 after purchasing an additional 15,494 shares during the period. Finally, Frontier Capital Management Co. LLC raised its holdings in shares of The Hain Celestial Group by 512.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,520,722 shares of the company’s stock valued at $15,502,000 after purchasing an additional 2,108,845 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

The Hain Celestial Group Stock Down 1.4 %

Shares of HAIN opened at $4.00 on Wednesday. The Hain Celestial Group has a one year low of $3.28 and a one year high of $10.07. The company has a market cap of $360.31 million, a P/E ratio of -4.25 and a beta of 0.74. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.01 and a quick ratio of 1.05. The firm has a 50 day simple moving average of $5.61 and a two-hundred day simple moving average of $7.15.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%. Research analysts forecast that The Hain Celestial Group will post 0.43 EPS for the current fiscal year.

The Hain Celestial Group Company Profile

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.