At the time of writing, Hain Celestial Group Inc [HAIN] stock is trading at $6.56, up 6.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HAIN shares have gain 6.32% over the last week, with a monthly amount drifted -9.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hain Celestial Group Inc [NASDAQ: HAIN] stock has seen the most recent analyst activity on March 01, 2024, when DA Davidson initiated its Neutral rating and assigned the stock a price target of $10. Previously, Maxim Group reaffirmed its Buy rating on February 08, 2024, and dropped its price target to $18. On June 23, 2023, Stephens initiated with a Overweight rating and assigned a price target of $17 on the stock. Piper Sandler upgraded its rating to a Neutral and decreased its price target to $16 on May 10, 2023. Piper Sandler downgraded its rating to a Underweight and reduced its price target to $17 on February 08, 2023. JP Morgan downgraded its rating to Neutral for this stock on February 08, 2023, and downed its price target to $21. In a note dated December 20, 2022, Stifel initiated an Hold rating and provided a target price of $17 on this stock.
For the past year, the stock price of Hain Celestial Group Inc fluctuated between $5.68 and $18.25. Currently, Wall Street analysts expect the stock to reach $15.3 within the next 12 months. Hain Celestial Group Inc [NASDAQ: HAIN] shares were valued at $6.56 at the most recent close of the market. An investor can expect a potential return of 133.23% based on the average HAIN price forecast.
Analyzing the HAIN fundamentals
According to Hain Celestial Group Inc [NASDAQ:HAIN], the company’s sales were 1.78B for trailing twelve months, which represents an -0.02% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.16 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.9.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.22 points at the first support level, and at 5.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.76, and for the 2nd resistance point, it is at 6.97.
Hain Celestial Group Inc [HAIN] reported earnings per share of $0.12 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.12/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.04 per share as compared to estimates of -$0.06 per share, a difference of $0.02 representing a surprise of 33.30%.
Ratios To Look Out For
It is important to note that Hain Celestial Group Inc [NASDAQ:HAIN] has a current ratio of 2.24. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.59.
Transactions by insiders
Recent insider trading involved Davidson Wendy P, President and CEO, that happened on Feb 13 ’24 when 5000.0 shares were purchased. Director, ZIER DAWN M. completed a deal on Nov 15 ’23 to buy 5000.0 shares. Meanwhile, Director Taylor Carlyn R. bought 18175.0 shares on Nov 13 ’23.
