Hain Celestial Group (NASDAQ:HAIN) Earns Coverage Optimism Score of 0.31

Media coverage about Hain Celestial Group (NASDAQ:HAIN) has been trending positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hain Celestial Group earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.5415915242177 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern’s rankings:

Several brokerages have recently weighed in on HAIN. Wells Fargo & Co reissued a “market perform” rating and set a $42.00 price objective on shares of Hain Celestial Group in a report on Saturday, September 30th. Royal Bank of Canada lifted their target price on Hain Celestial Group from $39.00 to $41.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 30th. BMO Capital Markets cut Hain Celestial Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $48.00 to $44.00 in a research note on Thursday, October 19th. Susquehanna Bancshares reissued a “hold” rating and issued a $45.00 target price on shares of Hain Celestial Group in a research note on Thursday, September 14th. Finally, Loop Capital reaffirmed a “hold” rating and set a $38.00 price objective on shares of Hain Celestial Group in a research note on Friday, December 22nd. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $41.31.

Hain Celestial Group (NASDAQ HAIN) traded up $0.74 during trading hours on Wednesday, reaching $42.25. The company’s stock had a trading volume of 988,100 shares, compared to its average volume of 1,744,217. Hain Celestial Group has a 1 year low of $31.01 and a 1 year high of $45.61. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $4,308.39, a PE ratio of 56.33, a price-to-earnings-growth ratio of 1.79 and a beta of 1.26.

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

In other news, Director Richard Dean Hollis purchased 10,000 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were bought at an average cost of $35.27 per share, for a total transaction of $352,700.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $352,700. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO James M. Langrock purchased 5,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was purchased at an average price of $34.40 per share, for a total transaction of $172,000.00. Following the completion of the acquisition, the chief financial officer now owns 59,233 shares of the company’s stock, valued at $2,037,615.20. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 68,500 shares of company stock valued at $2,352,730. Insiders own 12.34% 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.

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

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