Hain Celestial Group Inc (NASDAQ: HAIN) is -23.20% lower on its value in year-to-date trading and has touched a low of $8.15 and a high of $18.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HAIN stock was last observed hovering at around $8.34 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $8.41, the stock is -9.43% and -16.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing 0.84% at the moment leaves the stock -23.46% off its SMA200. HAIN registered -49.94% loss for a year compared to 6-month loss of -13.48%. The firm has a 50-day simple moving average (SMA 50) of $0.90 and a 200-day simple moving average (SMA200) of -$19.37.
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The stock witnessed a -12.21% gain in the last 1 month and extending the period to 3 months gives it a -20.21%, and is -7.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.08% over the week and 3.63% over the month.
Hain Celestial Group Inc (HAIN) has around 2837 employees, a market worth around $755.47M and $1.78B in sales. Fwd P/E is 18.21. Profit margin for the company is -8.88%. Distance from 52-week low is 3.19% and -54.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.41%).
Hain Celestial Group Inc quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $466.72M over the same period.The EPS is expected to shrink by -39.86% this year, but quarterly earnings will post 0.60% year-over-year.
352 institutions hold shares in Hain Celestial Group Inc (HAIN), with institutional investors hold 106.00% of the company’s shares. The shares outstanding are 89.47M, and float is at 88.59M with Short Float at 4.40%. Institutions hold 104.51% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 14.75 million shares valued at $184.53 million. The investor’s holdings represent 16.48% of the HAIN Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 10.8 million shares valued at $135.05 million to account for 12.06% of the shares outstanding. The other top investors are Alliancebernstein L.P. which holds 7.29 million shares representing 8.15% and valued at over $91.22 million, while PGGM Investments holds 4.10% of the shares totaling 3.67 million with a market value of $45.9 million.
Hain Celestial Group Inc (HAIN) Insider Activity
The most recent transaction is an insider purchase by Davidson Wendy P, the company’s President and CEO. SEC filings show that Davidson Wendy P bought 5,000 shares of the company’s common stock on Feb 13 ’24 at a price of $9.46 per share for a total of $47294.0. Following the purchase, the insider now owns 58309.0 shares.
Hain Celestial Group Inc disclosed in a document filed with the SEC on Nov 15 ’23 that ZIER DAWN M. (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 15 ’23 and was made at $11.25 per share for $56250.0. Following the transaction, the insider now directly holds 68755.0 shares of the HAIN stock.
Still, SEC filings show that on Nov 13 ’23, Taylor Carlyn R. (Director) acquired 18,175 shares at an average price of $11.00 for $0.2 million. The insider now directly holds 53,957 shares of Hain Celestial Group Inc (HAIN).
