Market Insight: Hain Celestial Group Inc (HAIN)’s Notable Drop, Closing at 6.72

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Hain Celestial Group Inc (NASDAQ: HAIN) closed at $6.72 down -2.04% from its previous closing price of $6.86. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 0.5 million shares were traded. HAIN stock price reached its highest trading level at $6.89 during the session, while it also had its lowest trading level at $6.7.

Ratios:

For a deeper understanding of Hain Celestial Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.00. 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 0.92 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 13 ’24 when Boyce Lee A. bought 13,500 shares for $7.67 per share. The transaction valued at 103,478 led to the insider holds 13,500 shares of the business.

Marquardt Chad D. bought 10,000 shares of HAIN for $69,500 on May 10 ’24. The President, North America now owns 10,000 shares after completing the transaction at $6.95 per share. On May 10 ’24, another insider, Davidson Wendy P, who serves as the President and CEO of the company, bought 5,000 shares for $6.99 each. As a result, the insider paid 34,934 and bolstered with 63,309 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 603752320 and an Enterprise Value of 1416712192. 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 0.64. Its current Enterprise Value per Revenue stands at 0.803 whereas that against EBITDA is 10.299.

Stock Price History:

Over the past 52 weeks, HAIN has reached a high of $12.76, while it has fallen to a 52-week low of $5.68. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be -22.83%.

Shares Statistics:

For the past three months, HAIN has traded an average of 887.18K shares per day and 809980 over the past ten days. A total of 89.47M shares are outstanding, with a floating share count of 88.37M. Insiders hold about 1.44% of the company’s shares, while institutions hold 101.20% stake in the company. Shares short for HAIN as of 1722384000 were 3576209 with a Short Ratio of 4.03, compared to 1719532800 on 3711281. Therefore, it implies a Short% of Shares Outstanding of 3576209 and a Short% of Float of 5.71.

Most Popular