Somewhat Favorable Media Coverage Extremely Likely to Affect Hain Celestial Group (HAIN) Stock Price

News articles about Hain Celestial Group (NASDAQ:HAIN) have trended somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hain Celestial Group earned a news sentiment score of 1.00 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the immediate future.

Here are some of the news articles that may have impacted Hain Celestial Group’s analysis:

Several research firms have recently weighed in on HAIN. ValuEngine cut shares of Hain Celestial Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 18th. Buckingham Research set a $24.00 price target on shares of Hain Celestial Group and gave the company a “hold” rating in a report on Friday, November 9th. Piper Jaffray Companies began coverage on shares of Hain Celestial Group in a report on Friday, October 12th. They issued a “hold” rating and a $26.00 price target for the company. Maxim Group reiterated a “buy” rating and issued a $40.00 price target on shares of Hain Celestial Group in a report on Tuesday, August 28th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $25.00 price target on shares of Hain Celestial Group in a report on Tuesday, November 13th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $30.40.

NASDAQ HAIN traded down $0.20 on Tuesday, hitting $20.50. 10,488 shares of the stock were exchanged, compared to its average volume of 1,905,916. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.41. Hain Celestial Group has a 52 week low of $20.30 and a 52 week high of $43.70. The firm has a market capitalization of $2.15 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 2.35 and a beta of 1.07.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Thursday, November 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.04). Hain Celestial Group had a positive return on equity of 6.67% and a negative net margin of 1.84%. The firm had revenue of $560.88 million for the quarter, compared to the consensus estimate of $588.12 million. During the same period last year, the company posted $0.20 earnings per share. The business’s revenue was down 4.8% compared to the same quarter last year. On average, research analysts anticipate that Hain Celestial Group will post 1.17 EPS for the current fiscal year.

In other Hain Celestial Group news, insider Mark L. Schiller purchased 45,800 shares of the stock in a transaction that occurred on Monday, November 12th. The shares were acquired at an average cost of $22.88 per share, with a total value of $1,047,904.00. Following the completion of the transaction, the insider now owns 124,355 shares in the company, valued at $2,845,242.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.50% of the stock is currently owned by company insiders.

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About Hain Celestial Group

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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Insider Buying and Selling by Quarter for Hain Celestial Group (NASDAQ:HAIN)

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