TOday’s Movers: Hain Celestial (NASDAQ:HAIN) Stock Rating Reconfirmed by Bernstein; $38.0000 Target Price Indicates 35.67 % Potential

May 10, 2018 - By Maria Brooks

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.24, from 0.87 in 2017Q3. It is positive, as 41 investors sold The Hain Celestial Group, Inc. shares while 91 reduced holdings. 45 funds opened positions while 101 raised stakes. 90.39 million shares or 0.62% less from 90.96 million shares in 2017Q3 were reported.

Wallace Cap Management Inc invested in 1.54% or 238,494 shares. Shelton Cap Mngmt holds 0.09% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 31,320 shares. Price T Rowe Inc Md reported 0% stake. The California-based San Francisco Sentry (Ca) has invested 0.02% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Proxima Capital invested 3.93% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Bnp Paribas Arbitrage Sa invested 0% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Rhumbline Advisers has 189,874 shares for 0.02% of their portfolio. Agf Investments Inc has invested 0% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Ameritas Inv Inc owns 0.06% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 30,957 shares. Invesco invested in 0% or 48,622 shares. Oppenheimer has 0.01% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 4,740 shares. Pggm Invests stated it has 0.18% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Metropolitan Life Ins Company Ny has invested 0.02% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Legal And General Grp Plc reported 129,963 shares. Nomura holds 20,657 shares.

Since February 28, 2018, it had 1 insider purchase, and 0 sales for $49.02 million activity.

Hain Celestial (NASDAQ:HAIN) Rating Reaffirmed

New York: In a research report made public on 9 May, Bernstein reaffirmed their “Buy” rating on Hain Celestial (NASDAQ:HAIN) shares. They now have a $38.0000 target price per share on the company. Bernstein’s target would suggest a potential upside of 35.67 % from the company’s last close price.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Ratings Coverage

Among 4 analysts covering Hain Celestial Group (NASDAQ:HAIN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Hain Celestial Group has $40.0 highest and $27 lowest target. $36.50’s average target is 30.31% above currents $28.01 stock price. Hain Celestial Group had 4 analyst reports since February 8, 2018 according to SRatingsIntel. BMO Capital Markets maintained it with “Market Perform” rating and $39 target in Thursday, February 8 report. Buckingham Research maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) rating on Wednesday, May 9. Buckingham Research has “Neutral” rating and $27 target. The firm earned “Hold” rating on Thursday, February 8 by RBC Capital Markets. The stock of The Hain Celestial Group, Inc. (NASDAQ:HAIN) earned “Buy” rating by Jefferies on Tuesday, April 3.

The stock increased 2.04% or $0.56 during the last trading session, reaching $28.01. About 2.11M shares traded or 63.51% up from the average. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 14.00% since May 10, 2017 and is downtrending. It has underperformed by 25.55% the S&P500.

Analysts await The Hain Celestial Group, Inc. (NASDAQ:HAIN) to report earnings on June, 28. They expect $0.48 earnings per share, up 45.45 % or $0.15 from last year’s $0.33 per share. HAIN’s profit will be $52.03 million for 14.59 P/E if the $0.48 EPS becomes a reality. After $0.41 actual earnings per share reported by The Hain Celestial Group, Inc. for the previous quarter, Wall Street now forecasts 17.07 % EPS growth.

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products. The company has market cap of $3.04 billion. The Company’s grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain products; 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; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant beverages and frozen desserts, such as soy, rice, oat, almond, and coconut. It has a 29.48 P/E ratio. The companyÂ’s grocery products also comprise juices, hot-eating products, chilled and frozen desserts, cookies, crackers, frozen fruits and vegetables, pre-cut fresh fruits, refrigerated and frozen plant meat-alternative products, tofu, seitan and tempeh products, jams, fruit spreads, jellies, honey, marmalade products, and other food products.

More recent The Hain Celestial Group, Inc. (NASDAQ:HAIN) news were published by: Streetinsider.com which released: “Pre-Open Movers 05/08: (PI) (VRX) (FRED) Higher; (NVRO) (IONS) (AKCA) Lower (more…)” on May 08, 2018. Also Seekingalpha.com published the news titled: “Profit pressure continues at Hain Celestial” on May 08, 2018. Benzinga.com‘s news article titled: “Earnings Scheduled For May 8, 2018” with publication date: May 08, 2018 was also an interesting one.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Institutional Positions Chart

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