Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) have been assigned a consensus recommendation of “Hold” from the twenty-four brokerages that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $41.39.

Several research firms have commented on HAIN. Maxim Group upgraded The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research note on Thursday. Citigroup Inc. restated a “buy” rating and issued a $46.00 target price (down previously from $62.00) on shares of The Hain Celestial Group in a research note on Monday, July 10th. Vetr cut The Hain Celestial Group from a “buy” rating to a “hold” rating and set a $39.79 target price on the stock. in a research note on Monday, July 10th. Wells Fargo & Company set a $42.00 target price on The Hain Celestial Group and gave the company a “hold” rating in a research note on Saturday, July 1st. Finally, J P Morgan Chase & Co restated a “neutral” rating on shares of The Hain Celestial Group in a research note on Friday, June 30th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc raised its position in The Hain Celestial Group by 50.6% in the first quarter. IFP Advisors Inc now owns 3,209 shares of the company’s stock worth $119,000 after buying an additional 1,078 shares during the last quarter. Invictus RG acquired a new position in The Hain Celestial Group during the first quarter worth $174,000. Creative Planning raised its position in The Hain Celestial Group by 14.0% in the first quarter. Creative Planning now owns 4,852 shares of the company’s stock worth $180,000 after buying an additional 597 shares during the last quarter. FormulaFolio Investments LLC acquired a new position in The Hain Celestial Group during the first quarter worth $200,000. Finally, Tudor Investment Corp ET AL acquired a new position in The Hain Celestial Group during the first quarter worth $201,000. 86.71% of the stock is currently owned by institutional investors and hedge funds.

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The Hain Celestial Group (HAIN) opened at 39.93 on Monday. The company’s market cap is $4.14 billion. The company’s 50-day moving average is $35.37 and its 200 day moving average is $37.11. The Hain Celestial Group has a 12 month low of $31.01 and a 12 month high of $56.99.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Thursday, June 22nd. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by $0.19. The firm had revenue of $706.56 million during the quarter, compared to the consensus estimate of $721 million. The Hain Celestial Group had a negative net margin of 0.75% and a negative return on equity of 1.09%. Equities analysts forecast that The Hain Celestial Group will post $1.19 earnings per share for the current fiscal year.

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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