BidaskClub upgraded shares of Hain Celestial Group (NASDAQ:HAIN) from a strong sell rating to a sell rating in a report issued on Saturday.
A number of other research firms also recently issued reports on HAIN. Zacks Investment Research downgraded Hain Celestial Group from a hold rating to a sell rating in a research report on Tuesday, January 9th. Jefferies Group reissued a buy rating and issued a $52.00 target price on shares of Hain Celestial Group in a research report on Wednesday, February 7th. Loop Capital reissued a hold rating and issued a $38.00 target price on shares of Hain Celestial Group in a research report on Friday, December 22nd. TheStreet downgraded Hain Celestial Group from a b- rating to a c rating in a research report on Tuesday, November 7th. Finally, BMO Capital Markets decreased their target price on Hain Celestial Group from $44.00 to $39.00 and set a market perform rating for the company in a research report on Thursday, February 8th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $41.11.
Shares of Hain Celestial Group (NASDAQ HAIN) opened at $34.68 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $3,600.00, a P/E ratio of 48.85, a P/E/G ratio of 1.12 and a beta of 1.09. Hain Celestial Group has a 52-week low of $31.01 and a 52-week high of $45.61.
Several hedge funds and other institutional investors have recently made changes to their positions in HAIN. Virtu KCG Holdings LLC purchased a new position in shares of Hain Celestial Group in the second quarter valued at $241,000. Stifel Financial Corp boosted its stake in Hain Celestial Group by 7.8% during the second quarter. Stifel Financial Corp now owns 23,038 shares of the company’s stock valued at $895,000 after buying an additional 1,669 shares during the period. Janus Henderson Group PLC bought a new stake in Hain Celestial Group during the second quarter valued at $360,000. The Manufacturers Life Insurance Company boosted its stake in Hain Celestial Group by 34.4% during the second quarter. The Manufacturers Life Insurance Company now owns 200,848 shares of the company’s stock valued at $7,797,000 after buying an additional 51,429 shares during the period. Finally, Sterling Capital Management LLC bought a new stake in Hain Celestial Group during the second quarter valued at $281,000. Institutional investors own 93.10% of the company’s stock.
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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.
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