The Hain Celestial Group Reaches New 52-Week High at $99.24 (HAIN)
The Hain Celestial Group (NASDAQ:HAIN) shares reached a new 52-week high during mid-day trading on Wednesday , Analyst Ratings Net reports. The stock traded as high as $99.24 and last traded at $97.78, with a volume of 269,058 shares traded. The stock had previously closed at $97.92.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of The Hain Celestial Group in a research note on Tuesday. They now have a $106.00 price target on the stock. Separately, 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. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of The Hain Celestial Group in a research note on Friday, August 22nd. They now have a $114.00 price target on the stock, up previously from $109.00. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The Hain Celestial Group presently has an average rating of “Buy” and a consensus target price of $101.75.
The stock’s 50-day moving average is $88.21 and its 200-day moving average is $89.20. The company has a market cap of $4.887 billion and a P/E ratio of 35.01.
The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Wednesday, August 20th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. Analysts expect that The Hain Celestial Group will post $3.81 EPS for the current fiscal year.
In other The Hain Celestial Group news, EVP John Carroll sold 25,000 shares of the stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $95.26, for a total value of $2,381,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
The Hain Celestial Group, Inc, manufactures, markets, distributes and sells natural and organic products.
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