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Hain Celestial Group Inc (HAIN) – Don’t Be So Quick to Call it Dead

Hain Celestial Group Inc (NASDAQ: HAIN) is -17.72% lower on its value in year-to-date trading and has touched a low of $4.47 and a high of $11.68 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 $5.13 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $5.06, the stock is -3.88% and -24.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -1.36% at the moment leaves the stock -30.50% off its SMA200. HAIN registered -53.79% loss for a year compared to 6-month loss of -31.81%. The firm has a 50-day simple moving average (SMA 50) of $6.685 and a 200-day simple moving average (SMA200) of $7.28095.

The stock witnessed a -21.91% gain in the last 1 month and extending the period to 3 months gives it a -39.69%, and is 5.42% up 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 6.90% over the week and 6.74% over the month.

Hain Celestial Group Inc (HAIN) has around 2786 employees, a market worth around $456.38M and $1.71B in sales. Fwd P/E is 9.16. Profit margin for the company is -4.94%. Distance from 52-week low is 13.20% and -56.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.75%).

with sales reaching $431.01M over the same period.The EPS is expected to grow by 24.26% this year, but quarterly earnings will post -3.48% year-over-year. Quarterly sales are estimated to shrink -5.08% in year-over-year returns.

349.0 institutions hold shares in Hain Celestial Group Inc (HAIN), with institutional investors hold 104.11% of the company’s shares. The shares outstanding are 89.91M, and float is at 89.32M with Short Float at 6.15%. Institutions hold 103.09% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 14.83 million shares valued at $102.44 million. The investor’s holdings represent 16.5035 of the HAIN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.82 million shares valued at $81.66 million to account for 13.1559 of the shares outstanding. The other top investors are BARROW HANLEY MEWHINNEY & STRAUSS LLC which holds 5.7 million shares representing 6.344 and valued at over $39.38 million, while PGGM INVESTMENTS holds 4.6574 of the shares totaling 4.18 million with a market value of $28.91 million.

Hain Celestial Group Inc (HAIN) Insider Activity

The most recent transaction is an insider purchase by Marquardt Chad D., the company’s President, North America. SEC filings show that Marquardt Chad D. bought 2,500 shares of the company’s common stock on Nov 11 ’24 at a price of $7.46 per share for a total of $18638.0. Following the purchase, the insider now owns 19825.0 shares.

Hain Celestial Group Inc disclosed in a document filed with the SEC on Sep 10 ’24 that Marquardt Chad D. (President, North America) bought a total of 100 shares of the company’s common stock. The trade occurred on Sep 10 ’24 and was made at $8.29 per share for $828.0. Following the transaction, the insider now directly holds 100.0 shares of the HAIN stock.

Still, SEC filings show that on Sep 09 ’24, Davidson Wendy P (President and CEO) acquired 100 shares at an average price of $8.30 for $830.0. The insider now directly holds 100 shares of Hain Celestial Group Inc (HAIN).

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