The Hain Celestial Group, Inc. (NASDAQ:HAIN)‘s stock had its “positive” rating reissued by Susquehanna Bancshares Inc in a research report issued to clients and investors on Friday. They presently have a $44.00 price target on the stock, up from their previous price target of $42.00. Susquehanna Bancshares Inc’s target price would indicate a potential upside of 39.24% from the stock’s current price.

Several other equities research analysts have also recently issued reports on HAIN. Vetr cut The Hain Celestial Group from a “buy” rating to a “hold” rating and set a $38.73 price objective on the stock. in a report on Monday, March 20th. Jefferies Group LLC restated a “buy” rating and set a $50.00 price objective on shares of The Hain Celestial Group in a report on Wednesday, May 31st. BMO Capital Markets restated an “outperform” rating and set a $45.00 price objective on shares of The Hain Celestial Group in a report on Tuesday, March 7th. Oppenheimer Holdings, Inc. restated a “market perform” rating on shares of The Hain Celestial Group in a report on Wednesday, May 17th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $44.00 price objective on shares of The Hain Celestial Group in a report on Tuesday, May 23rd. One analyst has rated the stock with a sell rating, thirteen have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $42.50.

Analyst Recommendations for The Hain Celestial Group (NASDAQ:HAIN)

The Hain Celestial Group (HAIN) traded down 3.25% during midday trading on Friday, hitting $31.60. 7,863,827 shares of the stock traded hands. The company has a 50-day moving average of $35.87 and a 200-day moving average of $37.36. The Hain Celestial Group has a 12 month low of $31.01 and a 12 month high of $56.99. The stock has a market cap of $3.27 billion, a PE ratio of 15.82 and a beta of 1.23. The Hain Celestial Group also saw unusually large options trading on Wednesday. Stock traders acquired 14,563 put options on the stock. This is an increase of approximately 477% compared to the average daily volume of 2,522 put options.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Thursday, June 22nd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.19. The business had revenue of $706.56 million during the quarter, compared to the consensus estimate of $721 million. On average, equities research analysts anticipate that The Hain Celestial Group will post $1.86 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of HAIN. Acrospire Investment Management LLC boosted its position in shares of The Hain Celestial Group by 37.5% in the second quarter. Acrospire Investment Management LLC now owns 2,200 shares of the company’s stock worth $109,000 after buying an additional 600 shares during the last quarter. IFP Advisors Inc boosted its position in shares of The Hain Celestial Group by 50.6% in the first quarter. IFP Advisors Inc now owns 3,209 shares of the company’s stock worth $119,000 after buying an additional 1,078 shares in the last quarter. Commonwealth Bank of Australia bought a new position in shares of The Hain Celestial Group during the third quarter worth approximately $125,000. Huntington National Bank boosted its position in shares of The Hain Celestial Group by 69.4% in the second quarter. Huntington National Bank now owns 2,761 shares of the company’s stock worth $137,000 after buying an additional 1,131 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. bought a new position in shares of The Hain Celestial Group during the first quarter worth approximately $139,000. Hedge funds and other institutional investors own 85.97% of the company’s stock.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

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