The Hain Celestial Group (NASDAQ:HAIN) Given New $4.50 Price Target at Mizuho

The Hain Celestial Group (NASDAQ:HAIN) had its target price trimmed by Mizuho from $7.00 to $4.50 in a report released on Tuesday,Benzinga reports. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued research reports about the company. Barclays cut their price target on The Hain Celestial Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. JPMorgan Chase & Co. cut their price objective on The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. DA Davidson cut their price objective on The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Tuesday, November 12th. Piper Sandler cut their price objective on The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, Stifel Nicolaus cut their price objective on The Hain Celestial Group from $9.00 to $7.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $6.64.

The Hain Celestial Group Trading Up 5.3 %

NASDAQ:HAIN opened at $4.41 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.01 and a quick ratio of 1.05. The firm has a market capitalization of $397.74 million, a price-to-earnings ratio of -4.69 and a beta of 0.74. The Hain Celestial Group has a one year low of $3.28 and a one year high of $10.07. The business has a fifty day moving average price of $5.93 and a 200-day moving average price of $7.24.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a positive return on equity of 3.13% and a negative net margin of 4.94%. Sell-side analysts forecast that The Hain Celestial Group will post 0.43 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Allworth Financial LP lifted its holdings in shares of The Hain Celestial Group by 433.5% in the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company’s stock valued at $26,000 after acquiring an additional 2,423 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its stake in The Hain Celestial Group by 225.5% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock worth $43,000 after purchasing an additional 3,432 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in The Hain Celestial Group in the third quarter worth about $87,000. CWM LLC lifted its stake in The Hain Celestial Group by 14.5% in the third quarter. CWM LLC now owns 10,098 shares of the company’s stock worth $87,000 after purchasing an additional 1,276 shares during the last quarter. Finally, Van ECK Associates Corp lifted its stake in The Hain Celestial Group by 49.0% in the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock worth $66,000 after purchasing an additional 3,554 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.