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

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) have been assigned an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $6.44.

Several equities research analysts have issued reports on HAIN shares. Barclays lowered their price target on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. JPMorgan Chase & Co. lowered their target price on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Mizuho lowered 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 report on Tuesday, February 11th. Stifel Nicolaus lowered their target price on shares of The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a report on Tuesday, February 11th. Finally, Evercore ISI lowered 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 report on Wednesday, February 12th.

Institutional Investors Weigh In On The Hain Celestial Group

Hedge funds have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. grew its holdings in The Hain Celestial Group by 225.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock worth $43,000 after acquiring an additional 3,432 shares during the last quarter. Van ECK Associates Corp grew its holdings in The Hain Celestial Group by 49.0% during the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock worth $66,000 after acquiring an additional 3,554 shares during the last quarter. Virtu Financial LLC acquired a new position in The Hain Celestial Group during the 4th quarter valued at about $73,000. Grace & White Inc. NY acquired a new position in The Hain Celestial Group during the 4th quarter valued at about $86,000. Finally, Polymer Capital Management US LLC acquired a new position in The Hain Celestial Group during the 4th quarter valued at about $90,000. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Trading Up 4.5 %

Shares of The Hain Celestial Group stock opened at $3.91 on Friday. The firm has a market capitalization of $352.87 million, a PE ratio of -2.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.90 and a quick ratio of 1.00. The company’s fifty day moving average price is $4.39 and its two-hundred day moving average price is $6.61. The Hain Celestial Group has a 52-week low of $3.28 and a 52-week high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. On average, analysts expect that The Hain Celestial Group will post 0.4 EPS for the current 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.