Jefferies Group restated their buy rating on shares of Hain Celestial Group (NASDAQ:HAIN) in a research note issued to investors on Wednesday, AnalystRatings.NET reports. The firm currently has a $91.00 price target on the stock.
Shares of Hain Celestial Group (NASDAQ:HAIN) traded up 0.24% during mid-day trading on Wednesday, hitting $76.55. The stock had a trading volume of 93,493 shares. Hain Celestial Group has a 52 week low of $51.51 and a 52 week high of $85.48. The stock has a 50-day moving average of $79.0 and a 200-day moving average of $70.11. The company has a market cap of $3.651 billion and a price-to-earnings ratio of 31.66.
Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Wednesday, August 21st. The company reported $0.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.03. The company had revenue of $463.50 million for the quarter, compared to the consensus estimate of $454.82 million. During the same quarter last year, the company posted $0.47 earnings per share. Hain Celestial Group’s revenue was up 32.1% compared to the same quarter last year. On average, analysts predict that Hain Celestial Group will post $3.01 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Piper Jaffray Cos. upgraded shares of Hain Celestial Group from a neutral rating to an overweight rating in a research note to investors on Monday. They now have a $94.00 price target on the stock, up previously from $80.00. Separately, analysts at Janney Montgomery Scott reiterated a buy rating on shares of Hain Celestial Group in a research note to investors on Tuesday, September 17th. They now have a $75.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Hain Celestial Group from $86.00 to $94.00 in a research note to investors on Tuesday, September 17th. They now have an overweight rating on the stock. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $84.25.
The Hain Celestial Group, Inc manufactures, markets, distributes and sells natural and organic products under brand names, which are sold as better-for-you products.
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