While Hain Celestial Group Inc has underperformed by -1.65%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HAIN fell by -14.04%, with highs and lows ranging from $12.49 to $5.68, whereas the simple moving average fell by -1.08% in the last 200 days.
On March 01, 2024, DA Davidson started tracking Hain Celestial Group Inc (NASDAQ: HAIN) recommending Neutral. A report published by Maxim Group on February 08, 2024, Reiterated its previous ‘Buy’ rating for HAIN. Stephens also rated HAIN shares as ‘Overweight’, setting a target price of $17 on the company’s shares in an initiating report dated June 23, 2023. Piper Sandler May 10, 2023d the rating to Neutral on May 10, 2023, and set its price target from $17 to $16. Piper Sandler February 08, 2023d its ‘Neutral’ rating to ‘Underweight’ for HAIN, as published in its report on February 08, 2023. JP Morgan’s report from February 08, 2023 suggests a price prediction of $21 for HAIN shares, giving the stock a ‘Neutral’ rating. Stifel also rated the stock as ‘Hold’.
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Analysis of Hain Celestial Group Inc (HAIN)
Further, the quarter-over-quarter decrease in sales is -6.48%, showing a negative trend in the upcoming months.
One of the most important indicators of Hain Celestial Group Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -7.65% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.01, 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 also provide valuable insight into volatility, and HAIN is recording 1.20M average volume. On a monthly basis, the volatility of the stock is set at 6.52%, whereas on a weekly basis, it is put at 4.63%, with a gain of 4.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $10.10, showing growth from the present price of $8.33, 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?
Along with the fundamentals, it is also important to consider how many employees own shares of 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 1.56%. 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 101.03% 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 101.03% at present.
