The Hain Celestial Group, Inc. (NASDAQ:HAIN)‘s stock had its “hold” rating reaffirmed by Susquehanna Bancshares Inc in a research report issued to clients and investors on Thursday. They presently have a $45.00 price objective on the stock. Susquehanna Bancshares Inc’s price target would suggest a potential upside of 9.49% from the stock’s previous close.

HAIN has been the subject of several other research reports. BMO Capital Markets reissued an “outperform” rating and issued a $38.00 price target (down previously from $45.00) on shares of The Hain Celestial Group in a research report on Monday, June 26th. Jefferies Group LLC reissued a “buy” rating and issued a $50.00 price target on shares of The Hain Celestial Group in a research report on Friday, June 9th. UBS AG reissued a “sell” rating and issued a $33.00 price target (up previously from $31.00) on shares of The Hain Celestial Group in a research report on Thursday, August 31st. Citigroup Inc. reissued a “buy” rating and issued a $46.00 price target (down previously from $62.00) on shares of The Hain Celestial Group in a research report on Monday, July 10th. Finally, Loop Capital started coverage on shares of The Hain Celestial Group in a report on Monday, July 31st. They set a “hold” rating and a $46.00 price objective for the company. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $41.28.

Shares of The Hain Celestial Group (NASDAQ HAIN) traded down 0.68% during trading on Thursday, hitting $40.82. The stock had a trading volume of 624,696 shares. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 62.80 and a beta of 1.25. The Hain Celestial Group has a one year low of $31.01 and a one year high of $45.61. The stock’s 50-day moving average price is $42.13 and its 200 day moving average price is $38.10.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Tuesday, August 29th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.03. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 6.93%. The firm had revenue of $725.10 million during the quarter, compared to analyst estimates of $720.70 million. During the same quarter in the prior year, the business posted $0.43 earnings per share. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, equities analysts forecast that The Hain Celestial Group will post $1.66 EPS for the current year.

The Hain Celestial Group announced that its board has approved a stock buyback plan on Thursday, June 22nd that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in HAIN. Invictus RG bought a new stake in shares of The Hain Celestial Group during the first quarter valued at approximately $174,000. Tudor Investment Corp ET AL bought a new stake in shares of The Hain Celestial Group during the first quarter valued at approximately $201,000. Miles Capital Inc. bought a new stake in shares of The Hain Celestial Group during the second quarter valued at approximately $201,000. BB&T Securities LLC bought a new stake in shares of The Hain Celestial Group during the first quarter valued at approximately $213,000. Finally, Virtu KCG Holdings LLC bought a new stake in shares of The Hain Celestial Group during the second quarter valued at approximately $241,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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