Brokerages Set The Hain Celestial Group, Inc. (NASDAQ:HAIN) Price Target at $13.00

The Hain Celestial Group, Inc. (NASDAQ:HAIN) has received a consensus recommendation of “Hold” from the nine research firms that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $13.00.

Several research analysts recently weighed in on the company. Maxim Group lowered their price objective on The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. JPMorgan Chase & Co. decreased their price target on The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, February 8th. Mizuho decreased their price target on The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 3rd. DA Davidson started coverage on The Hain Celestial Group in a research note on Friday, March 1st. They set a “neutral” rating and a $10.00 price target on the stock. Finally, Barclays decreased their price target on The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Friday, April 12th.

Insider Activity

In related news, CEO Wendy P. Davidson acquired 5,000 shares of The Hain Celestial Group stock in a transaction dated Tuesday, February 13th. The shares were acquired at an average cost of $9.46 per share, for a total transaction of $47,300.00. Following the completion of the purchase, the chief executive officer now owns 58,309 shares in the company, valued at $551,603.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.72% of the company’s stock.

Institutional Trading of The Hain Celestial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advisor Group Holdings Inc. raised its stake in The Hain Celestial Group by 4.5% in the first quarter. Advisor Group Holdings Inc. now owns 9,772 shares of the company’s stock valued at $327,000 after buying an additional 425 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in The Hain Celestial Group by 5.3% in the first quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the company’s stock valued at $303,000 after buying an additional 443 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in The Hain Celestial Group by 30.0% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,121 shares of the company’s stock valued at $50,000 after buying an additional 721 shares in the last quarter. Mariner LLC raised its stake in The Hain Celestial Group by 6.8% in the fourth quarter. Mariner LLC now owns 13,099 shares of the company’s stock valued at $212,000 after buying an additional 839 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in The Hain Celestial Group by 1.5% in the third quarter. Public Employees Retirement System of Ohio now owns 60,504 shares of the company’s stock valued at $1,021,000 after buying an additional 885 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Trading Up 2.3 %

Shares of The Hain Celestial Group stock opened at $5.89 on Friday. The firm has a market capitalization of $529.10 million, a price-to-earnings ratio of -3.33 and a beta of 0.68. The Hain Celestial Group has a fifty-two week low of $5.68 and a fifty-two week high of $18.25. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.24. The stock has a 50 day moving average of $8.36 and a 200 day moving average of $9.95.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $454.10 million during the quarter, compared to analyst estimates of $461.31 million. The Hain Celestial Group had a positive return on equity of 2.48% and a negative net margin of 8.88%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.20 earnings per share. As a group, research analysts predict that The Hain Celestial Group will post 0.29 earnings per share for the current year.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.