Hain Celestial Group Inc (NASDAQ:HAIN)’s share price reached a new 52-week low on Thursday . The stock traded as low as $24.78 and last traded at $24.89, with a volume of 55226 shares trading hands. The stock had previously closed at $25.50.

A number of equities analysts have recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $45.00 target price (up previously from $40.00) on shares of Hain Celestial Group in a report on Monday, September 24th. Zacks Investment Research upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 29th. BidaskClub upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. ValuEngine upgraded Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Friday, September 7th. Finally, Citigroup dropped their target price on Hain Celestial Group from $40.00 to $36.00 and set a “buy” rating for the company in a report on Monday, June 25th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company’s stock. Hain Celestial Group has an average rating of “Hold” and a consensus target price of $32.53.

The company has a quick ratio of 1.56, a current ratio of 2.49 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $2.82 billion, a PE ratio of 21.59, a P/E/G ratio of 2.92 and a beta of 1.14.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Tuesday, August 28th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. Hain Celestial Group had a return on equity of 7.37% and a net margin of 0.35%. The firm had revenue of $619.60 million during the quarter, compared to analyst estimates of $629.25 million. During the same period last year, the company earned $0.41 EPS. Hain Celestial Group’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that Hain Celestial Group Inc will post 1.24 EPS for the current year.

Hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. lifted its stake 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 acquiring an additional 13,377 shares during the last quarter. SFE Investment Counsel lifted its stake in shares of Hain Celestial Group by 21.9% during the 2nd quarter. SFE Investment Counsel now owns 15,698 shares of the company’s stock worth $468,000 after acquiring an additional 2,820 shares during the last quarter. TCW Group Inc. lifted its stake in shares of Hain Celestial Group by 38.3% during the 2nd quarter. TCW Group Inc. now owns 17,358 shares of the company’s stock worth $517,000 after acquiring an additional 4,811 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Hain Celestial Group by 286.0% during the 1st quarter. Millennium Management LLC now owns 49,258 shares of the company’s stock worth $1,580,000 after acquiring an additional 36,496 shares during the last quarter. Finally, SLS Management LLC raised its position in Hain Celestial Group by 15.6% during the 2nd quarter. SLS Management LLC now owns 215,600 shares of the company’s stock valued at $6,425,000 after purchasing an additional 29,030 shares in the last quarter. 92.47% of the stock is owned by hedge funds and other institutional investors.

Hain Celestial Group Company Profile (NASDAQ:HAIN)

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; 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; yogurts; chilies; chocolates; and nut butters.

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