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

A number of analysts recently issued reports on HAIN shares. Canaccord Genuity reissued a “buy” rating and issued a $44.00 target price on shares of The Hain Celestial Group in a research report on Friday, March 18th. Atlantic Securities started coverage on The Hain Celestial Group in a research report on Thursday, April 7th. They issued a “neutral” rating and a $48.00 target price for the company. Zacks Investment Research cut The Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Friday, April 8th. Piper Jaffray Cos. reissued a “neutral” rating and issued a $38.00 target price on shares of The Hain Celestial Group in a research report on Tuesday, April 12th. Finally, Jefferies Group reissued a “buy” rating and issued a $50.00 target price on shares of The Hain Celestial Group in a research report on Wednesday, April 27th. Eight equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $53.11.

The company has a market cap of $5.42 billion and a PE ratio of 26.23. The company’s 50 day moving average price is $49.41 and its 200 day moving average price is $42.26.

The Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Wednesday, May 4th. The company reported $0.49 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.49. The company earned $750 million during the quarter, compared to analyst estimates of $733.17 million. The business’s revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 earnings per share. On average, equities analysts forecast that The Hain Celestial Group Inc. will post $2.03 earnings per share for the current year.

Several institutional investors have modified their holdings of HAIN. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of The Hain Celestial Group by 0.8% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,852 shares of the company’s stock valued at $1,206,000 after buying an additional 229 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of The Hain Celestial Group by 0.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 110,101 shares of the company’s stock valued at $4,447,000 after buying an additional 385 shares in the last quarter. Rhumbline Advisers increased its position in shares of The Hain Celestial Group by 0.7% in the fourth quarter. Rhumbline Advisers now owns 171,455 shares of the company’s stock valued at $6,925,000 after buying an additional 1,230 shares in the last quarter. Mutual of America Capital Management LLC increased its position in shares of The Hain Celestial Group by 2.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 70,269 shares of the company’s stock valued at $2,838,000 after buying an additional 1,988 shares in the last quarter. Finally, Retirement Systems of Alabama increased its position in shares of The Hain Celestial Group by 1.7% in the fourth quarter. Retirement Systems of Alabama now owns 132,302 shares of the company’s stock valued at $5,344,000 after buying an additional 2,171 shares in the last quarter.

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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