Canaccord Genuity Reiterates Buy on The Hain Celestial Group (HAIN)

By admin | 6 years ago

The Hain Celestial Group (NASDAQ: HAIN)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Monday.

Shares of The Hain Celestial Group traded down 0.84% during mid-day trading on Monday, hitting $50.4799. The Hain Celestial Group has a one year low of $26.10 and a one year high of $48.21. The company has a market cap of $2.247 billion and a P/E ratio of 33.80.

The Hain Celestial Group last issued its quarterly earnings data on Thursday, May 3rd. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.04. The Hain Celestial Group’s revenue was up 31.6% compared to the same quarter last year. On average, analysts predict that The Hain Celestial Group will post $0.38 earnings per share next quarter.

HAIN has been the subject of a number of other recent research reports. Analysts at Jefferies Group (NYSE: JEF) reiterated a “buy” rating on shares of The Hain Celestial Group in a research note to investors on Friday. Separately, analysts at UBS AG (NYSE: UBS) raised their price target on shares of The Hain Celestial Group from $45.00 to $49.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at Zacks reiterated an “outperform” rating on shares of The Hain Celestial Group in a research note to investors on Monday, April 9th. They now have a $49.00 price target on the stock.

The Hain Celestial Group, Inc. manufactures, markets, distributes and sells natural and organic products under brand names which are sold as better-for-you products.

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