Stifel Maintains Hain Celestial Group (HAIN) Hold Recommendation
Fintel reports that on August 25, 2023, Stifel maintained coverage of Hain Celestial Group (NASDAQ:HAIN) with a Hold recommendation.
Analyst Price Forecast Suggests 45.80% Upside
As of August 2, 2023, the average one-year price target for Hain Celestial Group is 17.53. The forecasts range from a low of 13.13 to a high of $31.50. The average price target represents an increase of 45.80% from its latest reported closing price of 12.02.
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The projected annual revenue for Hain Celestial Group is 1,972MM, an increase of 9.76%. The projected annual non-GAAP EPS is 1.10.
What is the Fund Sentiment?
There are 538 funds or institutions reporting positions in Hain Celestial Group.
This is a decrease
of
40
owner(s) or 6.92% in the last quarter.
Average portfolio weight of all funds dedicated to HAIN is 0.10%,
a decrease
of 15.06%.
Total shares owned by institutions decreased
in the last three months by 4.07% to 95,180K shares.
The put/call ratio of HAIN is 5.07, indicating a
bearish
outlook.
What are Other Shareholders Doing?
Alliancebernstein holds 7,292K shares representing 8.15% ownership of the company. In it's prior filing, the firm reported owning 7,537K shares, representing a decrease of 3.36%. The firm decreased its portfolio allocation in HAIN by 32.74% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 6,271K shares representing 7.01% ownership of the company. In it's prior filing, the firm reported owning 6,504K shares, representing a decrease of 3.72%. The firm decreased its portfolio allocation in HAIN by 31.89% over the last quarter.
PGGM Investments holds 3,669K shares representing 4.10% ownership of the company. In it's prior filing, the firm reported owning 2,898K shares, representing an increase of 21.03%. The firm decreased its portfolio allocation in HAIN by 10.98% over the last quarter.
Manufacturers Life Insurance Company, The holds 3,354K shares representing 3.75% ownership of the company. In it's prior filing, the firm reported owning 2,796K shares, representing an increase of 16.64%. The firm decreased its portfolio allocation in HAIN by 13.57% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,739K shares representing 3.06% ownership of the company. In it's prior filing, the firm reported owning 2,721K shares, representing an increase of 0.64%. The firm decreased its portfolio allocation in HAIN by 1.50% over the last quarter.
Hain Celestial Group Background Information
(This description is provided by the company.)
The Hain Celestial Group, headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East. Hain Celestial participates in many natural categories with well-known brands that include Celestial Seasonings®, Clarks™, Cully & Sully®, Dream®, Earth's Best®, Ella's Kitchen®, Farmhouse Fare™, Frank Cooper's®, GG UniqueFiber®, Gale's®, Garden of Eatin'®, Hain Pure Foods®, Hartley's®, Health Valley®, Imagine®, Joya®, Lima®, Linda McCartney's™ (under license), MaraNatha®, Natumi®, New Covent Garden Soup Co.®, Robertson's®, Sensible Portions®, Spectrum®, Sun-Pat®, , Terra®, The Greek Gods®, William's™, Yorkshire Provender® and Yves Veggie Cuisine®. The Company's personal care products are marketed under the Alba Botanica®, Avalon Organics®, Earth's Best®, JASON®, Live Clean®, One Step® and Queen Helene® brands.
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