The Hain Celestial Group (HAIN) Receiving Somewhat Positive Media Coverage, Accern Reports
News headlines about The Hain Celestial Group (NASDAQ:HAIN) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Hain Celestial Group earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.2551744063831 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- The Hain Celestial Group (HAIN) Presents At The Barclays Global Consumer Staples Conference – Slideshow (seekingalpha.com)
- Hain Celestial Trying To Close In On Key Technical Measure (finance.yahoo.com)
- The Hain Celestial Group, Inc. (HAIN) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Hain Celestial Group Inc. Finishes 2017, Has High Expectations for 2018 – Motley Fool (fool.com)
- Jefferies Group Comments on The Hain Celestial Group, Inc.’s Q1 2018 Earnings (HAIN) (americanbankingnews.com)
A number of equities research analysts recently issued reports on HAIN shares. Susquehanna Bancshares Inc set a $42.00 price objective on The Hain Celestial Group and gave the company a “buy” rating in a research note on Tuesday, June 20th. BMO Capital Markets restated an “outperform” rating and issued a $38.00 price objective (down from $45.00) on shares of The Hain Celestial Group in a research note on Monday, June 26th. Jefferies Group LLC restated a “buy” rating and issued a $50.00 price objective on shares of The Hain Celestial Group in a research note on Friday, June 9th. UBS AG restated a “sell” rating and issued a $33.00 price objective (up from $31.00) on shares of The Hain Celestial Group in a research note on Thursday, August 31st. Finally, Citigroup Inc. restated a “buy” rating and issued a $46.00 price objective (down from $62.00) on shares of The Hain Celestial Group in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. The Hain Celestial Group currently has a consensus rating of “Hold” and an average target price of $41.28.
The Hain Celestial Group (NASDAQ:HAIN) opened at 40.05 on Friday. The firm’s 50-day moving average price is $42.33 and its 200-day moving average price is $37.98. The Hain Celestial Group has a 12-month low of $31.01 and a 12-month high of $45.61. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 61.62 and a beta of 1.25.
The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Tuesday, August 29th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. The Hain Celestial Group had a return on equity of 6.93% and a net margin of 2.36%. The firm had revenue of $725.10 million for the quarter, compared to the consensus estimate of $720.70 million. During the same quarter last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. On average, equities analysts predict that The Hain Celestial Group will post $1.66 EPS for the current fiscal year.
The Hain Celestial Group declared that its board has approved a stock repurchase program on Thursday, June 22nd that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.
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About The 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.
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