The Hain Celestial Group (NASDAQ:HAIN) Given New $18.00 Price Target at Maxim Group

The Hain Celestial Group (NASDAQ:HAINFree Report) had its target price decreased by Maxim Group from $25.00 to $18.00 in a research note released on Thursday morning, Marketbeat reports. Maxim Group currently has a buy rating on the stock.

Separately, StockNews.com upgraded shares of The Hain Celestial Group from a sell rating to a hold rating in a research report on Thursday, November 2nd. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Hold and an average target price of $13.89.

View Our Latest Stock Report on HAIN

The Hain Celestial Group Price Performance

The Hain Celestial Group stock opened at $9.65 on Thursday. The Hain Celestial Group has a 12-month low of $9.01 and a 12-month high of $19.16. The stock has a market cap of $866.88 million, a P/E ratio of -5.45 and a beta of 0.74. The company has a 50-day moving average price of $10.72 and a 200 day moving average price of $10.87. The company has a current ratio of 2.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.81.

The Hain Celestial Group (NASDAQ:HAINGet Free Report) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The firm had revenue of $454.10 million during the quarter, compared to analysts’ expectations of $461.31 million. During the same period last year, the business earned $0.20 earnings per share. The Hain Celestial Group’s revenue was up .0% compared to the same quarter last year. Sell-side analysts anticipate that The Hain Celestial Group will post 0.33 earnings per share for the current year.

Institutional Investors Weigh In On The Hain Celestial Group

Institutional investors have recently made changes to their positions in the stock. Signaturefd LLC increased its position in shares of The Hain Celestial Group by 265.2% during the fourth quarter. Signaturefd LLC now owns 4,127 shares of the company’s stock valued at $45,000 after acquiring an additional 2,997 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of The Hain Celestial Group by 1,647.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,455 shares of the company’s stock valued at $46,000 after purchasing an additional 4,200 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of The Hain Celestial Group by 371.9% in the first quarter. Tower Research Capital LLC TRC now owns 2,690 shares of the company’s stock valued at $46,000 after purchasing an additional 2,120 shares during the period. CWM LLC boosted its stake in shares of The Hain Celestial Group by 231.8% in the third quarter. CWM LLC now owns 4,556 shares of the company’s stock valued at $47,000 after purchasing an additional 3,183 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of The Hain Celestial Group by 30.0% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,121 shares of the company’s stock valued at $50,000 after purchasing an additional 721 shares during the period. 89.11% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for The Hain Celestial Group (NASDAQ:HAIN)

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