The closing price of Hain Celestial Group Inc (NASDAQ: HAIN) was $6.48 for the day, down -6.63% from the previous closing price of $6.94. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 2082169 shares were traded.
Ratios:
Our analysis of HAIN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 582.11M and an Enterprise Value of 1.42B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.80 whereas that against EBITDA is -17.27.
Stock Price History:
Over the past 52 weeks, HAIN has reached a high of $18.33, while it has fallen to a 52-week low of $6.82. The 50-Day Moving Average of the stock is 9.26, while the 200-Day Moving Average is calculated to be 10.72.
Shares Statistics:
HAIN traded an average of 1.16M shares per day over the past three months and 1.5M shares per day over the past ten days. 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 99.91% stake in the company. Shares short for HAIN as of Mar 15, 2024 were 3.83M with a Short Ratio of 3.32, compared to 3.5M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.26% and a Short% of Float of 6.11%.
Earnings Estimates
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.05, 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 $0.25 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.46, with 12 analysts recommending between $0.79 and $0.3.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for HAIN’s current fiscal year. The highest revenue estimate was $1.82B, while the lowest revenue estimate was $1.8B, resulting in an average revenue estimate of $1.81B. In the same quarter a year ago, actual revenue was $1.8B, up 0.60% from the average estimate. Based on 11 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 $1.81B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.
