The Hain Celestial Group, Inc. (NASDAQ:HAIN)‘s stock had its “market perform” rating reaffirmed by equities researchers at Wells Fargo & Company in a report issued on Saturday. They currently have a $42.00 price target on the stock. Wells Fargo & Company’s target price would indicate a potential upside of 2.07% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. UBS AG reissued a “sell” rating and issued a $31.00 target price (down from $33.00) on shares of The Hain Celestial Group in a research note on Sunday, June 25th. Maxim Group raised The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research report on Thursday, July 13th. J P Morgan Chase & Co lowered The Hain Celestial Group from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $43.00 to $35.00 in a research report on Friday, June 23rd. BidaskClub cut shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $52.00 price target on shares of The Hain Celestial Group in a research note on Monday, August 28th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $41.28.

The Hain Celestial Group (NASDAQ HAIN) opened at 41.15 on Friday. The Hain Celestial Group has a 12-month low of $31.01 and a 12-month high of $45.61. The stock has a market capitalization of $4.27 billion, a P/E ratio of 63.31 and a beta of 1.25. The firm’s 50-day moving average is $41.62 and its 200-day moving average is $38.31.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Tuesday, August 29th. The company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. The company had revenue of $725.10 million during the quarter, compared to analyst estimates of $720.70 million. The Hain Celestial Group had a return on equity of 7.65% and a net margin of 2.36%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. Analysts predict that The Hain Celestial Group will post $1.66 EPS for the current fiscal year.

The Hain Celestial Group announced that its board has approved a share repurchase plan on Thursday, June 22nd that permits the company to buyback $250.00 million in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

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A number of hedge funds have recently bought and sold shares of HAIN. Teacher Retirement System of Texas boosted its position in The Hain Celestial Group by 0.3% in the second quarter. Teacher Retirement System of Texas now owns 8,233 shares of the company’s stock worth $320,000 after purchasing an additional 25 shares during the last quarter. New Amsterdam Partners LLC NY grew its stake in shares of The Hain Celestial Group by 0.8% during the 2nd quarter. New Amsterdam Partners LLC NY now owns 8,581 shares of the company’s stock valued at $333,000 after purchasing an additional 68 shares during the period. Utah Retirement Systems grew its stake in shares of The Hain Celestial Group by 0.5% during the 2nd quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock valued at $722,000 after purchasing an additional 100 shares during the period. Goelzer Investment Management Inc. grew its stake in shares of The Hain Celestial Group by 0.5% during the 2nd quarter. Goelzer Investment Management Inc. now owns 50,594 shares of the company’s stock valued at $1,964,000 after purchasing an additional 260 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of The Hain Celestial Group by 0.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock valued at $1,832,000 after purchasing an additional 275 shares during the period. 91.97% of the stock is currently owned by institutional investors.

About The Hain Celestial Group

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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