The Hain Celestial Group, Inc. (NASDAQ:HAIN) has been assigned a $46.00 target price by equities researchers at Susquehanna Bancshares Inc in a report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Susquehanna Bancshares Inc’s price objective would suggest a potential upside of 15.29% from the stock’s current price.

A number of other analysts have also commented on HAIN. UBS AG reaffirmed a “sell” rating and set a $31.00 price objective (down previously from $33.00) on shares of The Hain Celestial Group in a research note on Sunday, June 25th. Wells Fargo & Company set a $42.00 price objective on The Hain Celestial Group and gave the company a “hold” rating in a research note on Saturday, July 1st. Vetr lowered The Hain Celestial Group from a “buy” rating to a “hold” rating and set a $39.79 price objective on the stock. in a research note on Monday, July 10th. Citigroup Inc. reaffirmed a “buy” rating and set a $46.00 price objective (down previously from $62.00) on shares of The Hain Celestial Group in a research note on Monday, July 10th. Finally, Royal Bank Of Canada reduced their target price on The Hain Celestial Group from $44.00 to $39.00 and set a “sector perform” rating on the stock in a research report on Tuesday, June 27th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $41.21.

The Hain Celestial Group (HAIN) traded up 0.43% on Tuesday, hitting $40.07. The stock had a trading volume of 664,076 shares. The stock’s 50 day moving average is $35.37 and its 200 day moving average is $37.11. The stock’s market cap is $4.16 billion. The Hain Celestial Group has a one year low of $31.01 and a one year high of $56.99.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Thursday, June 22nd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by $0.19. The company had revenue of $706.56 million for the quarter, compared to analyst estimates of $721 million. The Hain Celestial Group had a negative net margin of 0.75% and a negative return on equity of 1.09%. Analysts anticipate that The Hain Celestial Group will post $1.20 earnings per share for the current year.

The Hain Celestial Group declared that its board has approved a share repurchase program on Thursday, June 22nd that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

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Institutional investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System increased its stake in shares of The Hain Celestial Group by 3.4% in the second quarter. Louisiana State Employees Retirement System now owns 27,000 shares of the company’s stock valued at $1,048,000 after buying an additional 900 shares during the last quarter. LS Investment Advisors LLC increased its stake in shares of The Hain Celestial Group by 19.2% in the second quarter. LS Investment Advisors LLC now owns 8,221 shares of the company’s stock valued at $319,000 after buying an additional 1,324 shares during the last quarter. Advisors Capital Management LLC increased its stake in shares of The Hain Celestial Group by 3.0% in the second quarter. Advisors Capital Management LLC now owns 88,765 shares of the company’s stock valued at $3,446,000 after buying an additional 2,607 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of The Hain Celestial Group by 4.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 37,781 shares of the company’s stock valued at $1,467,000 after buying an additional 1,584 shares during the last quarter. Finally, Hollencrest Securities LLC bought a new stake in shares of The Hain Celestial Group during the second quarter valued at approximately $318,000. Institutional investors own 86.71% of the company’s stock.

About The Hain Celestial Group

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.

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

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