The Hain Celestial Group, Inc. (NASDAQ:HAIN) has been given an average recommendation of “Hold” by the twenty-one ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $42.58.

Several analysts have commented on HAIN shares. Vetr downgraded shares of The Hain Celestial Group from a “strong-buy” rating to a “buy” rating and set a $37.69 target price on the stock. in a report on Tuesday, June 27th. Jefferies Group LLC restated a “buy” rating and set a $50.00 target price on shares of The Hain Celestial Group in a report on Friday, June 30th. Citigroup Inc. restated a “buy” rating and set a $46.00 target price (down from $62.00) on shares of The Hain Celestial Group in a report on Monday, July 10th. Susquehanna Bancshares Inc set a $46.00 target price on shares of The Hain Celestial Group and gave the stock a “buy” rating in a report on Tuesday, July 18th. Finally, Maxim Group raised shares of The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Thursday, July 13th.

The Hain Celestial Group (NASDAQ HAIN) opened at 36.79 on Wednesday. The Hain Celestial Group has a 52-week low of $31.01 and a 52-week high of $45.61. The stock has a market capitalization of $3.82 billion, a P/E ratio of 56.60 and a beta of 1.28. The stock has a 50 day moving average of $40.46 and a 200 day moving average of $39.00.

The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Tuesday, August 29th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. The firm had revenue of $725.10 million for the quarter, compared to the consensus estimate of $720.70 million. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The business’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the company posted $0.43 EPS. On average, equities research analysts forecast that The Hain Celestial Group will post $1.66 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. Saratoga Research & Investment Management bought a new position in The Hain Celestial Group in the third quarter valued at about $124,000. Nationwide Fund Advisors grew its position in The Hain Celestial Group by 14.8% in the third quarter. Nationwide Fund Advisors now owns 290,125 shares of the company’s stock valued at $11,939,000 after acquiring an additional 37,343 shares during the last quarter. Strs Ohio bought a new position in The Hain Celestial Group in the third quarter valued at about $32,144,000. Oakbrook Investments LLC bought a new position in The Hain Celestial Group in the third quarter valued at about $202,000. Finally, Fisher Asset Management LLC grew its position in The Hain Celestial Group by 5.0% in the third quarter. Fisher Asset Management LLC now owns 175,593 shares of the company’s stock valued at $7,226,000 after acquiring an additional 8,327 shares during the last quarter. Hedge funds and other institutional investors own 91.11% of the company’s stock.

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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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