The Hain Celestial Group, Inc. (NASDAQ:HAIN)‘s stock had its “hold” rating reissued by equities research analysts at SunTrust Banks, Inc. in a research report issued to clients and investors on Friday. They currently have a $35.00 target price on the stock. SunTrust Banks, Inc.’s target price points to a potential downside of 1.91% from the stock’s current price. SunTrust Banks also issued estimates for The Hain Celestial Group’s Q3 2018 earnings at $0.44 EPS, FY2018 earnings at $1.60 EPS, Q1 2019 earnings at $0.25 EPS, Q2 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.57 EPS and FY2019 earnings at $1.74 EPS.

A number of other analysts also recently weighed in on the company. BMO Capital Markets downgraded The Hain Celestial Group from an “outperform” rating to a “market perform” rating and cut their target price for the company from $48.00 to $44.00 in a research report on Thursday, October 19th. Barclays PLC reiterated a “hold” rating and set a $39.00 target price on shares of The Hain Celestial Group in a research report on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and set a $52.00 target price on shares of The Hain Celestial Group in a research report on Monday, August 28th. Maxim Group reiterated a “buy” rating and set a $50.00 target price on shares of The Hain Celestial Group in a research report on Tuesday, August 29th. Finally, UBS AG restated a “sell” rating and set a $33.00 price objective (up from $31.00) on shares of The Hain Celestial Group in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the stock. The Hain Celestial Group has an average rating of “Hold” and a consensus target price of $41.29.

Shares of The Hain Celestial Group (NASDAQ:HAIN) opened at $35.68 on Friday. The firm has a market capitalization of $3,571.47, a price-to-earnings ratio of 26.27, a PEG ratio of 1.58 and a beta of 1.21. The company has a current ratio of 2.50, a quick ratio of 1.31 and a debt-to-equity ratio of 0.42. The Hain Celestial Group has a 1 year low of $31.01 and a 1 year high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The company had revenue of $708.30 million for the quarter, compared to the consensus estimate of $697.39 million. The Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. sell-side analysts anticipate that The Hain Celestial Group will post 1.67 earnings per share for the current year.

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In related news, SVP Michael B. Mcguinness purchased 3,500 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $34.58 per share, with a total value of $121,030.00. Following the completion of the purchase, the senior vice president now owns 55,131 shares in the company, valued at approximately $1,906,429.98. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Irwin D. Simon purchased 50,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average cost of $34.14 per share, with a total value of $1,707,000.00. Following the purchase, the chief executive officer now owns 1,695,014 shares of the company’s stock, valued at approximately $57,867,777.96. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 58,500 shares of company stock valued at $2,000,030. Insiders own 12.34% of the company’s stock.

Several hedge funds have recently modified their holdings of HAIN. Teachers Advisors LLC increased its stake in shares of The Hain Celestial Group by 8.7% in the first quarter. Teachers Advisors LLC now owns 109,300 shares of the company’s stock valued at $4,066,000 after buying an additional 8,734 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of The Hain Celestial Group by 5.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 353,169 shares of the company’s stock valued at $13,138,000 after buying an additional 18,603 shares during the period. AQR Capital Management LLC increased its stake in shares of The Hain Celestial Group by 543.9% in the first quarter. AQR Capital Management LLC now owns 85,599 shares of the company’s stock valued at $3,184,000 after buying an additional 72,306 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of The Hain Celestial Group in the first quarter valued at about $201,000. Finally, Public Employees Retirement System of Ohio increased its stake in shares of The Hain Celestial Group by 0.6% in the first quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock valued at $1,832,000 after buying an additional 275 shares during the period. 90.70% of the stock is owned by institutional investors.

The Hain Celestial Group Company Profile

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 The Hain Celestial Group (NASDAQ:HAIN)

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