The Hain Celestial Group Inc. (NASDAQ:HAIN) went up by 0.80% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Packaged Foods giant went up by $31.35 to trade ended Thursday trading at $31.10. This is up from the $31.1 price recorded on Wednesday’s trading session. Thanks to this latest performance, HAIN is closer to the higher price 52-week target of $38.00 and further from the lowest price target of $25.00. Its performance from the start of the year has also been positive, with HAIN up by 20.79% year-to-date.
The Hain Celestial Group Inc. (HAIN) started the day trading at $31.38 and recorded an intraday high of $31.6. It also recorded an intraday low of $31.055 during Thursday’s trading session. The Hain Celestial Group Inc. is a very active stock that recorded a trading volume that is less than -120.86% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 516162, which is less than -120.86 of the total average daily trading volume of 1.14 million.
The Hain Celestial Group Inc. (NASDAQ:HAIN) 2020 Performance Impressive
The increase in HAIN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HAIN currently stands at $32.90, which is higher than the current trading price of the stock by 4.71%. However, HAIN’s current trading price is -74.75% lower than the 52-week low price of $17.94. In terms of trading volume, The Hain Celestial Group Inc. currently experienced healthy participation during the last trading session. 516162 shares of The Hain Celestial Group Inc. were traded on the stock exchange on Thursday, which is less than -120.86% of the 1.14 million average trading volume of the stock.
The performance of the stock has been positive over the past year. HAIN’s performance over the past one year has seen it surge by 43.22%, while the stock has gone up by 24.40% in the last six months. The quarterly performance of HAIN currently stands at 19.25%, and it is up by 1.72% in the last month. The only negative figure was from the weekly performance, which currently reads -0.73%. At the time of writing HAIN’s report, the company has a total market cap of $3.30B, making it one of the largest publicly-traded companies in the world.The Hain Celestial Group Inc. also has over 5441 employees all over the world.
HAIN Insider Activities
The insider transactions over the past six months are down by -34.10%.For The Hain Celestial Group Inc. insiders bought 108,811 shares in 12 transactions. In that same period, insiders sold 10,242,129 of their shares in 25 transactions. After these transactions, insiders at The Hain Celestial Group Inc. now hold 2.57M shares, which is over 105.70% of the total company stocks. Institutional investors currently hold a large chunk of the HAIN shares, as they control 2.52% of the company’s total stock.
HAIN Fundamental Analysis
For The Hain Celestial Group Inc., the stock’s diluted earnings per share (EPS) stands at 0.14. In the coming year, analysts expect the EPS to be 1.00. The EPS growth will slow down over the next five years to -14.20% after plunging by -18.80% in the previous five years. In terms of revenue, The Hain Celestial Group Inc.’s quarterly sales (YOY) is growing at 0.27, which is higher than the average annual revenue of -18.80% over the past half a decade.
The Return on Investment (ROI) on The Hain Celestial Group Inc.’s stock currently stands at -0.60%, and it has a net profit margin of -4.60%. The operating margin of the company is 1.50%, and its gross margin is 21.00%.
HAIN Analysts Prediction
The JP Morgan has a Neutral rating for The Hain Celestial Group Inc., predicting the stock price to stay between $26 and $28. Maxim Group reiterate their Buy position on the stock ($28 and $35) and JP Morgan reiterate their Underweight position on the stock ($23 and $18).
Maxim Group and Maxim Group also believe that The Hain Celestial Group Inc.’s stock is outperforming at the moment.
At the moment, The Hain Celestial Group Inc.’s Total Debt to Equity ratio stands at 0.25, and they have a long-term Debt to Equity ratio of 0.25.
HAIN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HAIN currently stands at 1.02%, while the SMA50 is 5.46%. The biggest one is the SMA200, which is currently reading 21.86% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 56.30, while its price to earnings ratio (P/E) is 228.83.
