Maxim Group reiterated their buy rating on shares of Hain Celestial Group (NASDAQ:HAIN) in a research report report published on Friday. They currently have a $25.00 price target on the stock, down from their previous price target of $36.00.
A number of other equities research analysts also recently commented on the company. Wells Fargo & Co set a $42.00 target price on Hain Celestial Group and gave the stock a hold rating in a report on Thursday, December 20th. ValuEngine downgraded Hain Celestial Group from a sell rating to a strong sell rating in a report on Wednesday, January 2nd. Buckingham Research set a $24.00 price target on Hain Celestial Group and gave the company a hold rating in a report on Friday, November 9th. BidaskClub raised Hain Celestial Group from a strong sell rating to a sell rating in a report on Friday, January 4th. Finally, Piper Jaffray Companies initiated coverage on Hain Celestial Group in a report on Friday, October 12th. They issued a hold rating and a $26.00 price target for the company. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company’s stock. Hain Celestial Group presently has a consensus rating of Hold and an average price target of $28.64.
HAIN opened at $15.91 on Friday. Hain Celestial Group has a 1 year low of $14.45 and a 1 year high of $36.15. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.17. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 13.72, a P/E/G ratio of 12.24 and a beta of 1.38.
Several institutional investors have recently bought and sold shares of HAIN. Cerebellum GP LLC purchased a new stake in shares of Hain Celestial Group in the fourth quarter valued at approximately $26,000. Parallel Advisors LLC increased its position in shares of Hain Celestial Group by 1,005.0% in the fourth quarter. Parallel Advisors LLC now owns 2,000 shares of the company’s stock valued at $31,000 after buying an additional 1,819 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Hain Celestial Group by 1,486.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 558,335 shares of the company’s stock valued at $35,000 after buying an additional 523,131 shares in the last quarter. ETF Managers Group LLC increased its position in shares of Hain Celestial Group by 15.7% in the fourth quarter. ETF Managers Group LLC now owns 4,062 shares of the company’s stock valued at $64,000 after buying an additional 552 shares in the last quarter. Finally, Pearl River Capital LLC purchased a new stake in shares of Hain Celestial Group in the fourth quarter valued at approximately $84,000. Institutional investors and hedge funds own 91.91% 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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