Media coverage about Hain Celestial Group (NASDAQ:HAIN) has trended positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hain Celestial Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.2982154456846 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Global Animal-Sourced Squalene Market Manufacturer 2018 – Starbucks Corporation, Hain Celestial Group Inc. – The Tri-County Press (thetricountypress.com)
- Hain Celestial Group Inc (HAIN) Expected to Post Quarterly Sales of $776.09 Million (americanbankingnews.com)
- Hain Celestial Group Inc (HAIN) Expected to Post Earnings of $0.42 Per Share (americanbankingnews.com)
- The Hain Celestial Group, Inc. (HAIN) Retorts Its Active Position on Unparallel Developments – Stock News Stop (stockmarketstop.com)
- Hain Celestial Up 9.2% in 6 Months: Can the Rally Continue? – Nasdaq (nasdaq.com)
A number of equities research analysts have recently commented on HAIN shares. Sanford C. Bernstein started coverage on Hain Celestial Group in a research note on Friday, October 6th. They issued a “market perform” rating and a $45.00 target price on the stock. Maxim Group reissued a “sell” rating on shares of Hain Celestial Group in a research note on Tuesday, December 19th. TheStreet cut Hain Celestial Group from a “b-” rating to a “c” rating in a research note on Tuesday, November 7th. Zacks Investment Research cut Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, Royal Bank of Canada reissued a “hold” rating on shares of Hain Celestial Group in a research note on Thursday, November 9th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $41.31.
Hain Celestial Group (NASDAQ HAIN) traded down $0.32 during trading on Thursday, hitting $40.60. The company had a trading volume of 688,700 shares, compared to its average volume of 813,100. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.50 and a quick ratio of 1.22. Hain Celestial Group has a 12 month low of $31.01 and a 12 month high of $45.61. The stock has a market capitalization of $4,240.00, a PE ratio of 54.13, a PEG ratio of 1.81 and a beta of 1.25.
Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The business had revenue of $708.30 million for the quarter, compared to analysts’ expectations of $697.39 million. During the same period last year, the business earned $0.14 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. research analysts anticipate that Hain Celestial Group will post 1.66 earnings per share for the current fiscal year.
In other Hain Celestial Group news, CEO Irwin D. Simon acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of $34.14 per share, with a total value of $1,707,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,695,014 shares of the company’s stock, valued at approximately $57,867,777.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO James M. Langrock acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $34.40 per share, for a total transaction of $172,000.00. Following the completion of the transaction, the chief financial officer now directly owns 59,233 shares of the company’s stock, valued at $2,037,615.20. The disclosure for this purchase can be found here. Insiders have purchased 68,500 shares of company stock worth $2,352,730 over the last ninety days. 12.34% of the stock is currently owned by insiders.
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About Hain Celestial Group
The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.
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