Zacks Research upgraded shares of The Hain Celestial Group (NASDAQ:HAIN - Free Report) from a strong sell rating to a hold rating in a research note released on Tuesday, August 19th,Zacks.com reports.
Other research analysts have also recently issued reports about the stock. Piper Sandler dropped their target price on shares of The Hain Celestial Group from $2.00 to $1.80 and set a "neutral" rating for the company in a report on Tuesday, June 3rd. CL King reaffirmed a "neutral" rating on shares of The Hain Celestial Group in a report on Thursday, May 8th. Maxim Group dropped their target price on shares of The Hain Celestial Group from $10.00 to $5.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Mizuho dropped their target price on shares of The Hain Celestial Group from $3.00 to $2.50 and set a "neutral" rating for the company in a report on Monday, July 28th. Finally, Evercore ISI dropped their target price on shares of The Hain Celestial Group from $6.00 to $5.00 and set an "in-line" rating for the company in a report on Wednesday, April 23rd. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $3.59.
Check Out Our Latest Stock Analysis on HAIN
The Hain Celestial Group Stock Performance
NASDAQ HAIN traded down $0.09 during trading hours on Tuesday, hitting $1.76. 269,606 shares of the stock were exchanged, compared to its average volume of 2,099,637. The company has a market cap of $158.39 million, a price-to-earnings ratio of -0.61 and a beta of 0.76. The Hain Celestial Group has a 12-month low of $1.30 and a 12-month high of $9.43. The stock has a 50-day moving average of $1.67 and a 200 day moving average of $2.59. The company has a quick ratio of 0.99, a current ratio of 1.81 and a debt-to-equity ratio of 1.01.
Institutional Trading of The Hain Celestial Group
A number of institutional investors have recently added to or reduced their stakes in HAIN. Wells Fargo & Company MN boosted its position in The Hain Celestial Group by 29.1% during the 4th quarter. Wells Fargo & Company MN now owns 65,227 shares of the company's stock worth $401,000 after purchasing an additional 14,722 shares during the period. Barclays PLC increased its stake in The Hain Celestial Group by 7.1% during the 4th quarter. Barclays PLC now owns 195,494 shares of the company's stock worth $1,203,000 after buying an additional 12,885 shares during the period. Guggenheim Capital LLC acquired a new position in The Hain Celestial Group during the 4th quarter worth $136,000. CANADA LIFE ASSURANCE Co grew its holdings in The Hain Celestial Group by 9.0% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 87,558 shares of the company's stock worth $538,000 after acquiring an additional 7,211 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in The Hain Celestial Group by 24.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,067,866 shares of the company's stock worth $12,717,000 after acquiring an additional 412,658 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.
The Hain Celestial Group Company Profile
(
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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.
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