SunTrust Banks, Inc. reissued their hold rating on shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) in a research report report published on Friday morning. The firm currently has a $35.00 target price on the stock. SunTrust Banks also issued estimates for The Hain Celestial Group’s Q3 2018 earnings at $0.44 EPS, FY2018 earnings at $1.60 EPS, Q1 2019 earnings at $0.25 EPS, Q2 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.57 EPS and FY2019 earnings at $1.74 EPS.

Several other research firms have also commented on HAIN. Wells Fargo & Company reiterated a market perform rating and issued a $42.00 target price on shares of The Hain Celestial Group in a research note on Saturday, September 30th. Susquehanna Bancshares Inc lowered The Hain Celestial Group from a positive rating to a neutral rating in a research note on Tuesday, August 22nd. BidaskClub lowered The Hain Celestial Group from a buy rating to a hold rating in a research note on Wednesday, August 9th. Royal Bank of Canada upped their target price on The 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. Finally, Loop Capital started coverage on The Hain Celestial Group in a research note on Monday, July 31st. They issued a hold rating and a $46.00 target price for the company. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $41.29.

The Hain Celestial Group (NASDAQ HAIN) traded up $1.27 during trading on Friday, reaching $35.68. The company had a trading volume of 1,868,900 shares, compared to its average volume of 1,701,853. The firm has a market capitalization of $3,571.47, a price-to-earnings ratio of 26.27, a P/E/G ratio of 1.58 and a beta of 1.21. The Hain Celestial Group has a 52-week low of $31.01 and a 52-week high of $45.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.50 and a quick ratio of 1.31.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.01). The business had revenue of $708.30 million during the quarter, compared to analyst estimates of $697.39 million. The Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. equities research analysts forecast that The Hain Celestial Group will post 1.67 EPS for the current fiscal year.

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In related news, SVP Michael B. Mcguinness bought 3,500 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $34.58 per share, with a total value of $121,030.00. Following the completion of the transaction, the senior vice president now directly owns 55,131 shares of the company’s stock, valued at $1,906,429.98. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Irwin D. Simon bought 50,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was bought at an average cost of $34.14 per share, with a total value of $1,707,000.00. Following the transaction, the chief executive officer now directly owns 1,695,014 shares of the company’s stock, valued at $57,867,777.96. The disclosure for this purchase can be found here. Insiders bought 58,500 shares of company stock valued at $2,000,030 in the last ninety days. Company insiders own 12.34% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Teachers Advisors LLC boosted its holdings in The Hain Celestial Group by 8.7% in the first quarter. Teachers Advisors LLC now owns 109,300 shares of the company’s stock valued at $4,066,000 after purchasing an additional 8,734 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in The Hain Celestial Group by 5.6% in the first quarter. Schwab Charles Investment Management Inc. now owns 353,169 shares of the company’s stock valued at $13,138,000 after purchasing an additional 18,603 shares during the last quarter. AQR Capital Management LLC boosted its holdings in The Hain Celestial Group by 543.9% in the first quarter. AQR Capital Management LLC now owns 85,599 shares of the company’s stock valued at $3,184,000 after purchasing an additional 72,306 shares during the last quarter. Tudor Investment Corp ET AL purchased a new position in The Hain Celestial Group in the first quarter valued at about $201,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in The Hain Celestial Group by 0.6% in the first quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock valued at $1,832,000 after purchasing an additional 275 shares during the last quarter. 90.70% of the stock is owned by institutional investors.

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.

Analyst Recommendations for The Hain Celestial Group (NASDAQ:HAIN)

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