Hain Celestial Group Now Covered by Analysts at Canaccord Genuity (HAIN)
Investment analysts at Canaccord Genuity started coverage on shares of Hain Celestial Group (NASDAQ:HAIN) in a note issued to investors on Tuesday, AnalystRatings.Net reports. The firm set a “market perform” rating and a $108.00 price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 12.81% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Hain Celestial Group in a research note to investors on Tuesday. They set a “market perform” rating on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks reiterated an “outperform” rating on shares of Hain Celestial Group in a research note to investors on Friday. They now have a $107.00 price target on the stock. Finally, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Hain Celestial Group in a research note to investors on Tuesday, January 14th. They now have a $85.00 price target on the stock, up previously from $81.00. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $92.15.
Hain Celestial Group (NASDAQ:HAIN) traded down 1.89% during mid-day trading on Tuesday, hitting $95.74. The stock had a trading volume of 1,037,609 shares. Hain Celestial Group has a one year low of $52.42 and a one year high of $98.06. The stock has a 50-day moving average of $87.63 and a 200-day moving average of $80.. The company has a market cap of $4.575 billion and a price-to-earnings ratio of 37.16.
Hain Celestial Group (NASDAQ:HAIN) last released its earnings data on Tuesday, November 5th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.02. The company had revenue of $477.50 million for the quarter, compared to the consensus estimate of $474.73 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 32.7% on a year-over-year basis. On average, analysts predict that Hain Celestial Group will post $3.11 earnings per share for the current fiscal year.
The Hain Celestial Group, Inc manufactures, markets, distributes and sells natural and organic products under brand names, which are sold as better-for-you products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.