Hain Celestial Group Inc (NASDAQ:HAIN) has a beta value of 0.75 and has seen 1.73 million shares traded in the last trading session. The company, currently valued at $747.92M, closed the last trade at $8.32 per share which meant it gained $0.32 on the day or 4.06% during that session. The HAIN stock price is -50.12% off its 52-week high price of $12.49 and 31.73% above the 52-week low of $5.68. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.8 million shares traded. The 3-month trading volume is 1.18 million shares.
The consensus among analysts is that Hain Celestial Group Inc (HAIN) is Hold stock at the moment, with a recommendation rating of 2.47. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 3 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.01.
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Hain Celestial Group Inc (NASDAQ:HAIN) trade information
Sporting 4.06% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HAIN stock price touched $8.32 or saw a rise of 10.73%. Year-to-date, Hain Celestial Group Inc shares have moved -23.97%, while the 5-day performance has seen it change 21.89%. Over the past 30 days, the shares of Hain Celestial Group Inc (NASDAQ:HAIN) have changed 7.56%. Short interest in the company has seen 3.17 million shares shorted with days to cover at 3.84.
Wall Street analysts have a consensus price target for the stock at $9.35, which means that the shares’ value could jump 11.02% from current levels. The projected low price target is $8.0 while the price target rests at a high of $24.0. In that case, then, we find that the current price level is -188.46% off the targeted high while a plunge would see the stock lose 3.85% from current levels.
Hain Celestial Group Inc (HAIN) estimates and forecasts
Figures show that Hain Celestial Group Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -10.19% over the past 6 months, with this year growth rate of 39.39%, compared to 10.20% for the industry. Revenue growth from the last financial year stood is estimated to be -1.40%.
12 analysts offering their estimates for the company have set an average revenue estimate of 398.11M for the current quarter. 12 have an estimated revenue figure of 446.72M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.39% over the past 5 years. Earnings growth for 2024 is a modest 44.07% while over the next 5 years, the company’s earnings are expected to increase by 32.50%.
HAIN Dividends
Hain Celestial Group Inc is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Hain Celestial Group Inc (NASDAQ:HAIN)’s Major holders
Insiders own 1.43% of the company shares, while shares held by institutions stand at 103.44% with a share float percentage of 104.95%. Investors are also buoyed by the number of investors in a company, with Hain Celestial Group Inc having a total of 352.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 14.83 million shares worth more than $102.44 million. As of 2024-06-30, BLACKROCK INC. held 16.5035% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 11.82 million shares as of 2024-06-30. The firm’s total holdings are worth over $81.66 million and represent 13.1559% of shares outstanding.
