Hain Celestial Group (NASDAQ:HAIN) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Friday.

HAIN has been the topic of a number of other research reports. Sanford C. Bernstein started coverage on shares of Hain Celestial Group in a report on Friday, October 6th. They issued a “market perform” rating and a $45.00 price objective on the stock. Maxim Group restated a “sell” rating on shares of Hain Celestial Group in a report on Tuesday, December 19th. TheStreet cut shares of Hain Celestial Group from a “b-” rating to a “c” rating in a report on Tuesday, November 7th. Zacks Investment Research cut shares of Hain Celestial Group from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Hain Celestial Group in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $41.31.

Shares of Hain Celestial Group (NASDAQ:HAIN) opened at $42.39 on Friday. The firm has a market cap of $4,399.74, a PE ratio of 32.36, a price-to-earnings-growth ratio of 1.82 and a beta of 1.26. The company has a quick ratio of 1.22, a current ratio of 2.50 and a debt-to-equity ratio of 0.42. Hain Celestial Group has a fifty-two week low of $31.01 and a fifty-two week high of $45.61.

Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The business had revenue of $708.30 million during the quarter, compared to analysts’ expectations of $697.39 million. Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. Hain Celestial Group’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. equities analysts expect that Hain Celestial Group will post 1.66 EPS for the current year.

In related news, Director Richard Dean Hollis acquired 10,000 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average price of $35.27 per share, for a total transaction of $352,700.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at $352,700. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Michael B. Mcguinness acquired 3,500 shares of the stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average price of $34.58 per share, for a total transaction of $121,030.00. Following the transaction, the senior vice president now owns 55,131 shares of the company’s stock, valued at $1,906,429.98. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 68,500 shares of company stock worth $2,352,730. Corporate insiders own 12.34% of the company’s stock.

A number of institutional investors have recently modified their holdings of HAIN. Schwab Charles Investment Management Inc. lifted its position in Hain Celestial Group by 16.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 412,233 shares of the company’s stock valued at $16,003,000 after purchasing an additional 59,064 shares during the period. Legal & General Group Plc lifted its position in Hain Celestial Group by 15.9% during the second quarter. Legal & General Group Plc now owns 108,363 shares of the company’s stock valued at $4,206,000 after purchasing an additional 14,900 shares during the period. Marshall Wace North America L.P. bought a new position in Hain Celestial Group during the second quarter valued at approximately $1,289,000. Tocqueville Asset Management L.P. bought a new position in Hain Celestial Group during the second quarter valued at approximately $267,000. Finally, Federated Investors Inc. PA lifted its position in Hain Celestial Group by 4.3% during the second quarter. Federated Investors Inc. PA now owns 58,979 shares of the company’s stock valued at $2,290,000 after purchasing an additional 2,453 shares during the period. Institutional investors own 89.95% of the company’s stock.

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About Hain Celestial Group

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.

Analyst Recommendations for Hain Celestial Group (NASDAQ:HAIN)

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