Hain Celestial Group (NASDAQ:HAIN) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.

A number of other equities research analysts have also recently commented on HAIN. Jefferies Financial Group reiterated a “buy” rating and set a $45.00 target price (up from $40.00) on shares of Hain Celestial Group in a research note on Monday, September 24th. Piper Jaffray Companies began coverage on Hain Celestial Group in a research note on Friday, October 12th. They set a “hold” rating and a $26.00 target price on the stock. Maxim Group reiterated a “buy” rating and set a $40.00 target price on shares of Hain Celestial Group in a research note on Tuesday, August 28th. Buckingham Research lowered their target price on Hain Celestial Group from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 29th. Finally, ValuEngine upgraded Hain Celestial Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 2nd. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $30.40.

HAIN opened at $20.18 on Tuesday. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.41. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 2.29 and a beta of 1.07. Hain Celestial Group has a 1 year low of $20.05 and a 1 year high of $42.71.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Thursday, November 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.04). The firm had revenue of $560.88 million for the quarter, compared to analysts’ expectations of $588.12 million. Hain Celestial Group had a positive return on equity of 6.67% and a negative net margin of 1.84%. Hain Celestial Group’s revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. On average, analysts expect that Hain Celestial Group will post 1.17 EPS for the current fiscal year.

In other news, insider Mark L. Schiller acquired 45,800 shares of the stock in a transaction that occurred on Monday, November 12th. The shares were acquired at an average cost of $22.88 per share, for a total transaction of $1,047,904.00. Following the purchase, the insider now owns 124,355 shares of the company’s stock, valued at approximately $2,845,242.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 13.50% of the company’s stock.

A number of institutional investors have recently made changes to their positions in HAIN. Principal Financial Group Inc. raised its stake in Hain Celestial Group by 3.0% in the 1st quarter. Principal Financial Group Inc. now owns 454,320 shares of the company’s stock valued at $14,570,000 after acquiring an additional 13,377 shares during the period. Bank of Montreal Can raised its stake in Hain Celestial Group by 39.0% in the 2nd quarter. Bank of Montreal Can now owns 22,310 shares of the company’s stock valued at $664,000 after acquiring an additional 6,260 shares during the period. BNP Paribas Arbitrage SA raised its stake in Hain Celestial Group by 112.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,877 shares of the company’s stock valued at $265,000 after acquiring an additional 4,694 shares during the period. Los Angeles Capital Management & Equity Research Inc. raised its stake in Hain Celestial Group by 125.5% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 26,040 shares of the company’s stock valued at $776,000 after acquiring an additional 14,490 shares during the period. Finally, TCW Group Inc. raised its stake in Hain Celestial Group by 38.3% in the 2nd quarter. TCW Group Inc. now owns 17,358 shares of the company’s stock valued at $517,000 after acquiring an additional 4,811 shares during the period. Institutional investors and hedge funds own 93.23% of the company’s stock.

Hain Celestial Group Company Profile

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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Analyst Recommendations for Hain Celestial Group (NASDAQ:HAIN)

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