The Hain Celestial Group, Inc. (NASDAQ:HAIN) Given Average Recommendation of "Hold" by Analysts

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eight research firms that are presently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $6.31.

Several research firms have commented on HAIN. Barclays cut their target price on The Hain Celestial Group from $5.00 to $4.00 and set an "equal weight" rating on the stock in a research note on Monday. Evercore ISI reduced their price objective on shares of The Hain Celestial Group from $9.00 to $6.00 and set an "in-line" rating for the company in a research note on Wednesday, February 12th. JPMorgan Chase & Co. decreased their price objective on The Hain Celestial Group from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Maxim Group reduced their price target on The Hain Celestial Group from $15.00 to $10.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. Finally, Stifel Nicolaus decreased their price target on The Hain Celestial Group from $7.00 to $6.00 and set a "hold" rating for the company in a research note on Tuesday, February 11th.

Institutional Trading of The Hain Celestial Group

Hedge funds have recently made changes to their positions in the business. Illinois Municipal Retirement Fund raised its stake in The Hain Celestial Group by 4.4% in the 4th quarter. Illinois Municipal Retirement Fund now owns 49,113 shares of the company's stock valued at $302,000 after acquiring an additional 2,091 shares during the period. FMR LLC grew its stake in The Hain Celestial Group by 14.9% in the 3rd quarter. FMR LLC now owns 17,580 shares of the company's stock valued at $152,000 after buying an additional 2,280 shares during the last quarter. Franklin Resources Inc. raised its holdings in The Hain Celestial Group by 5.7% in the 3rd quarter. Franklin Resources Inc. now owns 52,507 shares of the company's stock valued at $445,000 after acquiring an additional 2,814 shares during the period. MetLife Investment Management LLC lifted its position in The Hain Celestial Group by 6.3% during the fourth quarter. MetLife Investment Management LLC now owns 54,389 shares of the company's stock worth $334,000 after acquiring an additional 3,215 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in shares of The Hain Celestial Group by 49.0% in the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company's stock valued at $66,000 after purchasing an additional 3,554 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

The Hain Celestial Group Trading Down 3.9 %

The Hain Celestial Group stock traded down $0.12 during mid-day trading on Thursday, hitting $2.93. 1,781,189 shares of the company's stock were exchanged, compared to its average volume of 1,506,809. The Hain Celestial Group has a fifty-two week low of $2.91 and a fifty-two week high of $9.43. The company has a quick ratio of 1.00, a current ratio of 1.90 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $264.42 million, a P/E ratio of -1.51 and a beta of 0.93. The company's 50 day simple moving average is $3.91 and its 200-day simple moving average is $6.04.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. On average, equities analysts anticipate that The Hain Celestial Group will post 0.4 earnings per share for the current year.

The Hain Celestial Group Company Profile

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.