The Hain Celestial Group Receives Average Recommendation of “Buy” from Analysts (NASDAQ:HAIN)
The Hain Celestial Group (NASDAQ:HAIN) has received a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Stock Ratings Network reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $101.36.
A number of research firms have recently commented on HAIN. Analysts at Argus raised their price target on shares of The Hain Celestial Group from $103.00 to $106.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, 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. Finally, 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, August 21st.
Shares of The Hain Celestial Group (NASDAQ:HAIN) opened at 96.17 on Tuesday. 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 $87.94 and a 200-day moving average of $89.14. The company has a market cap of $4.816 billion and a price-to-earnings ratio of 34.38.
The Hain Celestial Group (NASDAQ:HAIN) last released its earnings data 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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