While Hain Celestial Group Inc has overperformed by 0.73%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HAIN fell by -45.91%, with highs and lows ranging from $18.33 to $9.01, whereas the simple moving average fell by -14.15% in the last 200 days.
On February 08, 2024, Maxim Group Reiterated Hain Celestial Group Inc (NASDAQ: HAIN) to Buy. A report published by Stephens on June 23, 2023, Initiated its previous ‘Overweight’ rating for HAIN. Piper Sandler also Upgraded HAIN shares as ‘Neutral’, setting a target price of $16 on the company’s shares in a report dated May 10, 2023. Piper Sandler February 08, 2023d the rating to Underweight on February 08, 2023, and set its price target from $19 to $17. JP Morgan February 08, 2023d its ‘Overweight’ rating to ‘Neutral’ for HAIN, as published in its report on February 08, 2023. Stifel’s report from December 20, 2022 suggests a price prediction of $17 for HAIN shares, giving the stock a ‘Hold’ rating. Evercore ISI also rated the stock as ‘In-line’.
Analysis of Hain Celestial Group Inc (HAIN)
Further, the quarter-over-quarter decrease in sales is -0.02%, showing a negative trend in the upcoming months.
Hain Celestial Group Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -15.05% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.14, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and HAIN is registering an average volume of 926.18K. On a monthly basis, the volatility of the stock is set at 4.85%, whereas on a weekly basis, it is put at 3.14%, with a gain of 1.46% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.25, showing growth from the present price of $9.72, which can serve as yet another indication of whether HAIN is worth investing in or should be passed over.
How Do You Analyze Hain Celestial Group Inc Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.39%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 100.58% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HAIN shares are owned by institutional investors to the tune of 100.58% at present.
