Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Hain Celestial Group Inc (NASDAQ: HAIN) closed the day trading at $6.65 down -0.15% from the previous closing price of $6.66. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 1.82 million shares were traded. HAIN stock price reached its highest trading level at $7.3057 during the session, while it also had its lowest trading level at $6.54.
Ratios:
For a better understanding of HAIN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on March 01, 2024, initiated with a Neutral rating and assigned the stock a target price of $10.
On February 08, 2024, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $25 to $18.
On June 23, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $17.Stephens initiated its Overweight rating on June 23, 2023, with a $17 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 13 ’24 when Davidson Wendy P bought 5,000 shares for $9.46 per share. The transaction valued at 47,294 led to the insider holds 58,309 shares of the business.
ZIER DAWN M. bought 5,000 shares of HAIN for $56,250 on Nov 15 ’23. The Director now owns 68,755 shares after completing the transaction at $11.25 per share. On Nov 13 ’23, another insider, Taylor Carlyn R., who serves as the Director of the company, bought 18,175 shares for $11.00 each. As a result, the insider paid 199,925 and bolstered with 53,957 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAIN now has a Market Capitalization of 597385472 and an Enterprise Value of 1444033920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is 11.104.
Stock Price History:
The Beta on a monthly basis for HAIN is 0.76, which has changed by -0.55835545 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, HAIN has reached a high of $17.64, while it has fallen to a 52-week low of $5.68. The 50-Day Moving Average of the stock is -11.90%, while the 200-Day Moving Average is calculated to be -33.57%.
Shares Statistics:
Over the past 3-months, HAIN traded about 1.42M shares per day on average, while over the past 10 days, HAIN traded about 1380270 shares per day. A total of 89.47M shares are outstanding, with a floating share count of 88.59M. Insiders hold about 1.39% of the company’s shares, while institutions hold 100.23% stake in the company. Shares short for HAIN as of 1713139200 were 3954127 with a Short Ratio of 2.79, compared to 1710460800 on 3830015. Therefore, it implies a Short% of Shares Outstanding of 3954127 and a Short% of Float of 6.3100000000000005.
Earnings Estimates
Hain Celestial Group Inc (HAIN) is presently subject to a detailed evaluation by 14.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.04, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.14, with high estimates of $0.16 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.38 and $0.24 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.45, with 14.0 analysts recommending between $0.79 and $0.29.
Revenue Estimates
For the next quarter, 12 analysts are estimating revenue of $462.19M. There is a high estimate of $472M for the next quarter, whereas the lowest estimate is $448M.
A total of 13 analysts have provided revenue estimates for HAIN’s current fiscal year. The highest revenue estimate was $1.82B, while the lowest revenue estimate was $1.78B, resulting in an average revenue estimate of $1.8B. In the same quarter a year ago, actual revenue was $1.8BBased on 13 analysts’ estimates, the company’s revenue will be $1.86B in the next fiscal year. The high estimate is $1.9B and the low estimate is $1.79B.
