The Hain Celestial Group Inc. (NASDAQ:HAIN)’s share price rose 7.8% during mid-day trading on Thursday . The stock traded as high as $52.83 and last traded at $50.95, with a volume of 2,771,100 shares trading hands. The stock had previously closed at $47.28.

Several equities research analysts have commented on HAIN shares. Piper Jaffray Cos. restated a “neutral” rating and issued a $38.00 target price on shares of The Hain Celestial Group in a research note on Tuesday, April 12th. Zacks Investment Research cut The Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Friday, April 8th. Canaccord Genuity restated a “neutral” rating on shares of The Hain Celestial Group in a research note on Sunday, April 17th. TheStreet upgraded The Hain Celestial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. Finally, Bank of America Corp. restated a “buy” rating on shares of The Hain Celestial Group in a research note on Thursday, June 9th. Eight analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $53.11.

The firm has a market capitalization of $5.23 billion and a price-to-earnings ratio of 25.32. The firm has a 50 day moving average of $49.19 and a 200 day moving average of $42.12.

The Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Wednesday, May 4th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.49. The firm earned $750 million during the quarter, compared to the consensus estimate of $733.17 million. During the same quarter in the previous year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. Analysts predict that The Hain Celestial Group Inc. will post $2.03 earnings per share for the current year.

Several hedge funds have recently modified their holdings of the stock. Jennison Associates LLC raised its stake in shares of The Hain Celestial Group by 34.3% in the fourth quarter. Jennison Associates LLC now owns 5,569,925 shares of the company’s stock valued at $224,969,000 after buying an additional 1,422,388 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of The Hain Celestial Group by 240.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,468,907 shares of the company’s stock valued at $59,329,000 after buying an additional 1,037,637 shares during the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of The Hain Celestial Group by 50.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,500,000 shares of the company’s stock valued at $60,585,000 after buying an additional 500,000 shares during the last quarter. Tricadia Capital Management LLC purchased a new stake in shares of The Hain Celestial Group during the fourth quarter valued at about $15,146,000. Finally, Sandhill Capital Partners LLC purchased a new stake in shares of The Hain Celestial Group during the fourth quarter valued at about $14,195,000.

The Hain Celestial Group, Inc manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Company’s brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co, Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co, Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others.

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