Hain Celestial Group (NASDAQ:HAIN) had its price target cut by BMO Capital Markets to $20.00 in a research note published on Friday, The Fly reports. They currently have a market perform rating on the stock.

Several other brokerages also recently commented on HAIN. Piper Jaffray Companies started coverage on shares of Hain Celestial Group in a report on Friday, October 12th. They set a hold rating and a $26.00 target price for the company. Maxim Group reduced their target price on shares of Hain Celestial Group from $40.00 to $36.00 and set a buy rating for the company in a report on Thursday, November 8th. UBS Group set a $21.00 target price on shares of Hain Celestial Group and gave the stock a sell rating in a report on Friday, November 9th. Buckingham Research set a $24.00 target price on shares of Hain Celestial Group and gave the stock a hold rating in a report on Friday, November 9th. Finally, Loop Capital lifted their target price on shares of Hain Celestial Group to $24.00 and gave the stock a hold rating in a report on Monday, November 12th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. Hain Celestial Group currently has an average rating of Hold and an average target price of $28.64.

Hain Celestial Group stock opened at $15.91 on Friday. The stock has a market cap of $1.66 billion, a PE ratio of 13.72, a PEG ratio of 12.24 and a beta of 1.38. Hain Celestial Group has a fifty-two week low of $14.45 and a fifty-two week high of $36.15. The company has a current ratio of 2.17, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44.

Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Thursday, February 7th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.12). The firm had revenue of $584.16 million for the quarter, compared to analyst estimates of $611.18 million. Hain Celestial Group had a positive return on equity of 5.28% and a negative net margin of 6.72%. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 earnings per share. Research analysts expect that Hain Celestial Group will post 0.65 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of HAIN. Raymond James & Associates boosted its holdings in Hain Celestial Group by 80.9% in the 2nd quarter. Raymond James & Associates now owns 50,476 shares of the company’s stock valued at $1,504,000 after purchasing an additional 22,577 shares during the period. Bank of New York Mellon Corp boosted its holdings in Hain Celestial Group by 46.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,723,433 shares of the company’s stock valued at $51,358,000 after purchasing an additional 545,113 shares during the period. Advisors Capital Management LLC boosted its holdings in Hain Celestial Group by 2.8% in the 3rd quarter. Advisors Capital Management LLC now owns 76,560 shares of the company’s stock valued at $2,076,000 after purchasing an additional 2,094 shares during the period. PGGM Investments boosted its holdings in Hain Celestial Group by 37.4% in the 3rd quarter. PGGM Investments now owns 1,046,297 shares of the company’s stock valued at $28,376,000 after purchasing an additional 285,000 shares during the period. Finally, Supplemental Annuity Collective Trust of NJ boosted its holdings in Hain Celestial Group by 4.3% in the 3rd quarter. Supplemental Annuity Collective Trust of NJ now owns 48,000 shares of the company’s stock valued at $1,302,000 after purchasing an additional 2,000 shares during the period. 91.91% of the stock is owned by hedge funds and other institutional investors.

Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

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Analyst Recommendations for Hain Celestial Group (NASDAQ:HAIN)

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