Hain Celestial Group Inc (NASDAQ:HAIN) has been given an average recommendation of “Hold” by the twenty brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $40.79.

A number of equities research analysts have recently weighed in on the company. BidaskClub downgraded Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Friday. Loop Capital set a $38.00 price target on Hain Celestial Group and gave the company a “hold” rating in a research note on Thursday, December 28th. Maxim Group reaffirmed a “sell” rating on shares of Hain Celestial Group in a research note on Tuesday, December 19th. Jefferies Group reaffirmed a “buy” rating and issued a $52.00 price target on shares of Hain Celestial Group in a research note on Friday, November 17th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $35.00 price target on shares of Hain Celestial Group in a research note on Friday, November 10th.

Shares of Hain Celestial Group (HAIN) opened at $40.51 on Monday. Hain Celestial Group has a twelve month low of $31.01 and a twelve month high of $45.61. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $4,204.60, a price-to-earnings ratio of 54.01, a PEG ratio of 1.75 and a beta of 1.25.

Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm had revenue of $708.30 million for the quarter, compared to analyst estimates of $697.39 million. During the same period in the prior year, the business posted $0.14 EPS. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. research analysts forecast that Hain Celestial Group will post 1.66 EPS for the current fiscal year.

In other Hain Celestial Group news, Director Richard Dean Hollis bought 10,000 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were purchased at an average price of $35.27 per share, for a total transaction of $352,700.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $352,700. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Michael B. Mcguinness bought 3,500 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average price of $34.58 per share, for a total transaction of $121,030.00. Following the transaction, the senior vice president now owns 55,131 shares of the company’s stock, valued at $1,906,429.98. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 68,500 shares of company stock valued at $2,352,730. 12.34% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Utah Retirement Systems grew its position in Hain Celestial Group by 0.5% in the second quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock valued at $722,000 after acquiring an additional 100 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in Hain Celestial Group by 1.5% in the second quarter. Ameritas Investment Partners Inc. now owns 31,557 shares of the company’s stock valued at $1,225,000 after acquiring an additional 462 shares during the last quarter. EagleClaw Capital Managment LLC grew its position in Hain Celestial Group by 9.8% in the second quarter. EagleClaw Capital Managment LLC now owns 11,175 shares of the company’s stock valued at $434,000 after acquiring an additional 1,000 shares during the last quarter. Kalos Management Inc. grew its position in Hain Celestial Group by 10.2% in the second quarter. Kalos Management Inc. now owns 11,639 shares of the company’s stock valued at $451,000 after acquiring an additional 1,076 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in Hain Celestial Group by 11.5% in the third quarter. Pacer Advisors Inc. now owns 14,743 shares of the company’s stock valued at $607,000 after acquiring an additional 1,522 shares during the last quarter. Hedge funds and other institutional investors own 89.95% of the company’s stock.

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About Hain Celestial Group

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 Hain Celestial Group (NASDAQ:HAIN)

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