The Hain Celestial Group Price Target Raised to $106.00 at Argus (HAIN)
Investment analysts at Argus lifted their price target on shares of The Hain Celestial Group (NASDAQ:HAIN) from $103.00 to $106.00 in a note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Argus’ price target points to a potential upside of 11.64% from the company’s current price.
A number of other analysts have also recently weighed in on HAIN. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of The Hain Celestial Group in a research note on Friday. They now have a $114.00 price target on the stock, up previously from $109.00. Separately, analysts at BMO Capital Markets raised their price target on shares of The Hain Celestial Group to $105.00 in a research note on Thursday. Finally, analysts at Imperial Capital raised their price target on shares of The Hain Celestial Group from $98.00 to $109.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $101.36.
Shares of The Hain Celestial Group (NASDAQ:HAIN) traded up 1.00% during mid-day trading on Monday, hitting $95.90. 383,514 shares of the company’s stock traded hands. The Hain Celestial Group has a 52 week low of $72.34 and a 52 week high of $98.83. The stock has a 50-day moving average of $87.70 and a 200-day moving average of $89.06. The company has a market cap of $4.802 billion and a price-to-earnings ratio of 33.95.
The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $0.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.89 by $0.01. The company had revenue of $583.80 million for the quarter, compared to the consensus estimate of $577.73 million. During the same quarter last year, the company posted $0.65 earnings per share. The Hain Celestial Group’s revenue was up 26.0% compared to the same quarter last year. On average, analysts predict that The Hain Celestial Group will post $3.81 earnings per share for the current fiscal year.
The Hain Celestial Group, Inc, manufactures, markets, distributes and sells natural and organic products.
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