Analysts’ Weekly Ratings Changes for Hain Celestial Group (HAIN)

Hain Celestial Group (NASDAQ: HAIN) recently received a number of ratings updates from brokerages and research firms:

7/2/2018 – Hain Celestial Group was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. 6/25/2018 – Hain Celestial Group had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $40.00 price target on the stock. They wrote, “We believe this morning��s CEO succession announcement positions HAIN for its next phase.”” 6/25/2018 – Hain Celestial Group had its price target lowered by analysts at Citigroup Inc from $40.00 to $36.00. They now have a “buy” rating on the stock. 6/20/2018 – Hain Celestial Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. 6/12/2018 – Hain Celestial Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating. 6/5/2018 – Hain Celestial Group is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $33.00 price target on the stock. 6/2/2018 – Hain Celestial Group was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating. 5/10/2018 – Hain Celestial Group was given a new $30.00 price target on by analysts at Loop Capital. They now have a “hold” rating on the stock. 5/10/2018 – Hain Celestial Group had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. 5/9/2018 – Hain Celestial Group had its price target lowered by analysts at Buckingham Research from $37.00 to $27.00. They now have a “neutral” rating on the stock. 5/9/2018 – Hain Celestial Group had its price target lowered by analysts at BMO Capital Markets from $39.00 to $31.00. They now have a “market perform” rating on the stock. 5/9/2018 – Hain Celestial Group was given a new $38.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock. 5/8/2018 – Hain Celestial Group had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $40.00 price target on the stock, down previously from $50.00. 5/8/2018 – Hain Celestial Group had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $40.00 price target on the stock. They wrote, “3Q results (incl. HPP which is now classified as discontinued ops) came in significantly below expectations. Much of the miss was driven by higher corp. expense, freight and commodity related headwinds as well as higher marketing investments, all of which we view as transitory. We estimate comparable 3Q EBITDA missed our estimate significantly & revised guidance (incl. HPP) implies 4Q EBITDA ~21% lower than before, ~18% below our est., & ~16% below consensus.”” 5/7/2018 – Hain Celestial Group was given a new $32.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “hold” rating on the stock.

Shares of Hain Celestial Group opened at $30.28 on Friday, according to MarketBeat. Hain Celestial Group Inc has a 52 week low of $25.41 and a 52 week high of $45.61. The stock has a market capitalization of $3.25 billion, a P/E ratio of 24.82, a P/E/G ratio of 2.81 and a beta of 1.07. The company has a current ratio of 2.79, a quick ratio of 1.83 and a debt-to-equity ratio of 0.39.

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Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, May 8th. The company reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.10). Hain Celestial Group had a net margin of 2.81% and a return on equity of 8.32%. The company had revenue of $632.72 million during the quarter, compared to analyst estimates of $746.48 million. During the same quarter last year, the company posted $0.35 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. equities analysts expect that Hain Celestial Group Inc will post 1.16 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd acquired a new position in Hain Celestial Group in the 1st quarter valued at about $1,372,000. Summit Trail Advisors LLC grew its position in shares of Hain Celestial Group by 12.5% during the 1st quarter. Summit Trail Advisors LLC now owns 28,408 shares of the company’s stock worth $616,000 after purchasing an additional 3,164 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Hain Celestial Group by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 454,320 shares of the company’s stock worth $14,570,000 after purchasing an additional 13,377 shares in the last quarter. Xact Kapitalforvaltning AB grew its position in shares of Hain Celestial Group by 46.3% during the 1st quarter. Xact Kapitalforvaltning AB now owns 12,639 shares of the company’s stock worth $405,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of Hain Celestial Group by 0.4% during the 1st quarter. Royal Bank of Canada now owns 1,082,283 shares of the company’s stock worth $34,708,000 after purchasing an additional 4,413 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company’s stock.

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut.