The Hain Celestial Group, Inc. (NASDAQ:HAIN)‘s stock had its “hold” rating reiterated by analysts at Susquehanna Bancshares Inc in a research note issued to investors on Thursday. They presently have a $45.00 target price on the stock. Susquehanna Bancshares Inc’s price target indicates a potential upside of 9.04% from the company’s previous close.

HAIN has been the topic of a number of other reports. BMO Capital Markets reiterated an “outperform” rating and set a $38.00 target price (down from $45.00) on shares of The Hain Celestial Group in a report on Monday, June 26th. Jefferies Group LLC reiterated a “buy” rating and set a $50.00 target price on shares of The Hain Celestial Group in a report on Friday, June 9th. UBS AG reiterated a “sell” rating and set a $33.00 target price (up from $31.00) on shares of The Hain Celestial Group in a report on Thursday, August 31st. Citigroup Inc. reiterated a “buy” rating and set a $46.00 target price (down from $62.00) on shares of The Hain Celestial Group in a report on Monday, July 10th. Finally, Loop Capital started coverage on shares of The Hain Celestial Group in a report on Monday, July 31st. They set a “hold” rating and a $46.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $41.28.

The Hain Celestial Group (HAIN) opened at 41.27 on Thursday. The Hain Celestial Group has a one year low of $31.01 and a one year high of $45.61. The company’s 50-day moving average is $41.85 and its 200 day moving average is $38.19. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 63.49 and a beta of 1.25.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Tuesday, August 29th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.03. The company had revenue of $725.10 million for the quarter, compared to analyst estimates of $720.70 million. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS. Equities analysts expect that The Hain Celestial Group will post $1.66 EPS for the current year.

The Hain Celestial Group announced that its Board of Directors has authorized a share buyback program on Thursday, June 22nd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

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A number of large investors have recently modified their holdings of HAIN. Invictus RG acquired a new stake in The Hain Celestial Group during the 1st quarter worth $174,000. Tudor Investment Corp ET AL acquired a new stake in The Hain Celestial Group during the 1st quarter worth $201,000. Miles Capital Inc. acquired a new stake in The Hain Celestial Group during the 2nd quarter worth $201,000. BB&T Securities LLC acquired a new stake in The Hain Celestial Group during the 1st quarter worth $213,000. Finally, Virtu KCG Holdings LLC acquired a new stake in The Hain Celestial Group during the 2nd quarter worth $241,000. Hedge funds and other institutional investors own 92.29% of the company’s stock.

The Hain Celestial Group Company Profile

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 The Hain Celestial Group (NASDAQ:HAIN)

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